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The problem with this approach is that doesn’t
back-office processing to middle-office risk
scale across marketplaces, regions, or business
management, and then to all front-end channels.
areas. As blockchain gains acceptance, there
Although organizations using Quartz Gateway
will be too many emerging ecosystems for an will also have access to information on the
organization to respond effectively in a timely distributed ledger from within their internal
manner, and the need to embark upon an IT systems, TCS BaNCS customers will have the
project for each initiative will create a significant advantage of having the entire solution optimized,
barrier to entry. front to back, for integration with distributed
ledger data without the need for further
Our recommendation is to prepare now for the
modification.
blockchain-enabled future. To that end, TCS
has taken several steps to ensure the continued 3. The BaNCS Network will connect all
success of our customers. TCS BaNCS customers in a single ecosystem
TCS BaNCS customers will be able to conduct
1. Quartz Gateway connects your existing systems transactions with one another through a blockchain-
to blockchain networks. based network. Participants in the network will be
The design principles of Quartz — coexistence,
able to exchange information and even conduct
integration, and interoperability — enable any transactions through a trusted, private, permissioned
financial institution to access multiple distributed blockchain ledger. In this way, The BaNCS Network
ledgers from any existing core banking solution. offers an alternate routing mechanism solely for the
This lowers the barrier to participation, enabling use of TCS BaNCS customers.
financial institutions to take advantage of new
Already, participants have used The BaNCS
opportunities as they arise.
Network to test the initiation of cross-border
For example, if a central bank creates a transactions in Africa, which is just one example
blockchain-based payments ecosystem in a of the exciting services being developed by our
country within your bank’s footprint, you can customers working with one another.
deploy Quartz Gateway to ensure that you can
Another way to benefit from The BaNCS
participate fully from the outset, without having Network is to experiment with blockchain
to engage in the full complexity of working with technologies in a sandboxed environment.
blockchain technology. TCS BaNCS customers are evaluating technologies,
Moreover, you can redeploy Quartz Gateway for
piloting projects, and trying out transactions using
every other blockchain-based ecosystem, whether example datasets that can be simulated with real-
sponsored by governments, bank consortia, world conditions.
industry-led partnerships outside of financial
services, or entities such as Ripple.
With Quartz Gateway, you can scale your
participation as the technology gains adoption.
Our investments in blockchain technology will
give TCS BaNCS customers an inherent edge
in the ecosystems that are emerging from the
accelerating adoption of information-sharing
networks.
2. Every single solution and component on
TCS BaNCS will be blockchain-enabled.
For TCS BaNCS customers, the benefits of
Quartz will be embedded into the core products.
At TCS, we are investing in the technology
and business strategies to ensure that
TCS BaNCS customers will be at the forefront
as the blockchain-powered future unfolds.
This will ensure that any information made
l
available through a shared ledger can propagate
quickly throughout all functions of a bank, from
Quartz - 4