TCS BaNCS Customer Newsletter #33 | Page 42

# TCSBaNCSwithYou

Delivery Certainty

SBA Directives for US Banking

US Banking Clients were prepared with changes needed to implement SBA directives with respect to the Paycheck Protection Program and Loan Moratoriums by leveraging TCS BaNCS APIs and the product ' s easy configurability . Our teams continue to work closely with customers to deliver mission critical changes , which are being brought in by regulators across the globe in response to the ongoing situation .

High Volatility for Market Infrastructure

TCS BaNCS is the primary system for many of the leading Market Infrastructure organisations globally , and we have been working closely with our customers to manage an environment characterized by unprecedented volatility . Our teams rose to the challenge of keeping markets running smoothly despite record volumes and activity spikes of 50 percent to 200 percent over normal volumes . We are proud of the role we play in delivering these mission-critical services .

Supporting Indian Brokerage Clients

TCS BaNCS has been supporting Indian brokerage clients to mitigate risks from extreme market volatility and surge in volumes ( 2.5 times normal ) by quickly delivering changes and reconfiguring risk parameters . Retail brokers in India , for the first time , have been able to ensure smooth workfrom-home operations during the Covid-19 crisis for dealers due to the high security features of TCS BaNCS for Securities Trading . In addition to user-friendly digital capabilities , TCS BaNCS has supported Indian brokerage clients with risk management controls to manage the extreme surge in volumes and volatility .

Delivering Health Insurance

TCS BaNCS , powered by the rapid implementation of TCS ’ Secure Borderless Workspaces ’, was able to deliver a new health product , “ Arogya Sanjeevani ”, a standard health insurance product mandated by the IRDAI in India , amidst the Covid-19 situation .
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