AT A GLANCE
Company : CTBC Bank
Headquarters : Taipei , Taiwan
Business Challenge : To modernize custodian services with international standards for institutional clients .
Solution : TCS BaNCS Global Securities and Investments Platform
The search for a solution lasted about two years . The evaluation team considered fourteen vendors in terms of domain knowledge , technology , and references , leading to the final selection of the TCS BaNCS Global Securities and Investments Platform . TCS was unmatched in terms of analyst recognition across domains and presence among the top global custodians . TCS also benefitted from strong word-of-mouth recommendations from peer institutions , and the presence of an experienced local team based in Taiwan .
The initial objective was to adopt global standards and best practices with the deployment of TCS BaNCS , which has benefitted from continuous improvements driven by a global client base of top custodian banks . The parameterized and modularized application enables the bank to apply the full range of capabilities within TCS BaNCS to their own organizational structure .
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