TCS BaNCS Customer Newsletter TCS BaNCS #29 (July 2018) | Page 5

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Business 4.0 in BFSI

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How TCS prepares financial institutions for success in the Business 4.0 world
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BFSI Platform Powered by TCS BaNCS

Introducing the future of insurance and financial services, powered by TCS BaNCS
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Digital Disruption
Insurers respond to digital disruption with simpler products and processes
10 2018 Insurance Product Update
Faster updates to TCS BaNCS, and insurance applications for TCS BaNCS Digital and Quartz
14 Scottish Widows United KIngdom
15 M&G Prudential United KIngdom

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Scottish Widows, Lloyds Banking Group’s Life and Pensions business.
Over 4 million life and pensions contracts transferred to TCS subsidiary Diligenta
16 MLC Life Insurance

Australia
Australian life insurer undergoes top-to-bottom transformation
20 BestServe Financial Limited
Hong Kong
Hong Kong insurer unifies core pension administration and undergoes legacy transformation
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24 Nedbank Insurance South Africa
28 Old Mutual South Africa

Digital experiences for customers, stronger internal operations, and innovative product configurations
Old Mutual Life Assurance Company (South Africa) selects TCS for policy admin and digital front-end
30 ICICI Lombard
India
Insurer sells record-breaking 300,000 policies in a single day
32 GST: The Biggest Tax Reform in Indian Financial History
TCS supports 13 P&C insurers with rapid adaptation to India’s Goods and Services Tax
34 News and Events

Celent's Model Bank awards, The Asian Banker Awards, Everest Group BPO rankings, and more
About TCS Financial Solutions
TCS Financial Solutions is a strategic business unit of Tata Consultancy Services. Dedicated to providing business solutions to financial institutions globally, TCS
Financial Solutions has compiled a comprehensive product portfolio under the brand name of TCS BaNCS. The TCS BaNCS universal financial solution is designed
to help financial services institutions enhance end customer experience, enabling them to embrace open and innovative technologies that embody true digital
customer engagement. Deployed at more than 450 installations worldwide, it is the largest collection of components, enterprise and consumer apps for the financial
industry made available through the cloud, helping firms become more agile and intelligent by leveraging the power of new and extended ecosystems.
To know more about TCS BaNCS, please visit: http://sites.tcs.com/tcsbancs/
Follow us on Twitter @TCS_BaNCS, and on LinkedIn at https://www.linkedin.com/showcase/tcs-bancs.
About Tata Consultancy Services LTD (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that partners with many of the world’s largest businesses in their
transformation journeys. TCS offers a consulting-led, Cognitive powered, integrated portfolio of IT, Business & Technology Services, and engineering. This is delivered
through its unique Location Independent Agile delivery model, recognized as a benchmark of excellence in software development. A part of the Tata group, India's
largest multinational business group, TCS has over 394,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of
US $ 19.09 billion for year ended March 31, 2018 and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. For more
information, visit us at www.tcs.com.
Copyright © 2018, TCS Financial Solutions. All rights reserved. No part of this publication may be reprinted or reproduced without the written permission from the editor. TCS BaNCS newsletter is
provided to clients and prospects on a regular basis. TCS Financial Solutions disclaims all warranties, whether expressed or implied. In no event will TCS Financial Solutions be liable for any dam-
ages on any information provided within the magazine. The information is provided to outline TCS BaNCS general product direction. The editorial is to be used for general information purposes.
The development, release, and timing of any features or functionality described for TCS Financial Solutions products remains at the sole discretion of TCS Financial Solutions.
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