New Development Bank: Organize TCS BaNCS as its Flexible Digital Backbone

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New Development Bank: Organize TCS BaNCS as its Flexible Digital Backbone

  • New Development Bank (NDB), a multilateral development finance institution set up by the BRICS nations and headquartered in Shanghai, has gone live with TCS BaNCS for Treasury
  • Selected TCS BaNCS for its risk and treasury operations for the solution’s support for an impressive array of asset classes, and advanced features such as real-time position keeping, risk analytics
  • TCS demonstrated its capability with ISO/IEC 27001:2013 cloud services with this deployment, enabling responsive and resilient operations for the bank
  • Flexible and digital backbone is essential for a bank to develop conventional infrastructure as well as to take maximum advantage of transformative technological developments
  • TCS BaNCS for Treasury is an integrated, cross-asset-class solution for front-, middle-, and back-office operations in treasury and trade