capital markets
CTBC Bank
Bank modernizes for institutional clients on the TCS BaNCS Global Securities Platform
Kamal Khurana , Global Product Head , TCS BaNCS Global Securities Platform
CTBC Bank combines strengths in institutional banking , international business , and capital markets with a strong presence in Taiwan retail banking for wealth management , loan and payment services .
To address the growing securities custody needs of institutional customers , CTBC sought to modernize its technology architecture . Legacy systems had been built independently for Taiwan and Hong Kong , leading to duplication and inefficiency , along with timeconsuming customizations for regulatory changes .
CTBC Bank identified several potential areas for improvement in :
l Customized reporting for institutional clients l Notifications and management of Corporate Actions l Customer management and profiling l SWIFT integration and adoption of international standards ( e . g . ISO 20022 )
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