TCS BaNCS includes several
powerful and unique
capabilities to support banks’
payments processing:
Real-time Payments solution with auto
scale-out and scale-in
With real-time payments, one of the biggest challenges
is managing capacity at an optimal level. During a Black
Friday sale or a major promotion from an e-commerce
site, volumes may increase at extremely short notice, by
10X or more. Traditionally, banks would reserve additional
hardware resources only for use during peak periods.
TCS BaNCS automatically scales out based on payment
traffic. Using microservices architecture and container-
based deployment, bank IT operations teams no longer
need to reconfigure their solution infrastructures for a
volume surge. Without any manual intervention, TCS
BaNCS automatically scales out to the required capacity.
Intelligent dashboard for SWIFT gpi
TCS BaNCS customers can add SWIFT gpi capability
Customizable payments factory
for operations
The Payments solution of TCS BaNCS can be configured
as a “payments factory” to meet a wide range of
operational models, tailored to meet the front-end
capabilities of a financial institution. For banks that
prefer to have their customers send a single order
file containing a mix of payments including low-value
and high-value payments, domestic and international
payments, and slower and faster payments, TCS BaNCS
can route each payment through appropriate networks
and channels to the beneficiaries, per the stipulated
service level agreements on the respective payment
clearing schemes in which the bank participates.
An experienced partner
in payments
as an incremental service (rather than as a major
TCS BaNCS is ready for real-time payments. We
upgrade), to take advantage of the ability to control and are already providing real-time payments processing
view international payments. capabilities to our customers in Australia, the Nordics
Going beyond the basic capabilities, TCS BaNCS
region, the SEPA Zone, and India.
We have also made TCS BaNCS ready for Malaysia’s
provides a highly sophisticated dashboard that takes
full advantage of SWIFT gpi Tracker data. The real- Real-time Retail Payments Platform (RPP), a strategic
time view allows banks to understand their overall initiative from Malaysia's premier payments network and
cash position, as well as the specifics related to any central infrastructure for financial markets.
In the Middle East, one of the leading banks in the
given payment at a fine-grained level. This allows
operations teams to react quickly, make decisions, and region is already a user of TCS BaNCS for SWIFT gpi. By
take action within the application. Using APIs deployed the end of 2018, we expect other banks to begin using
across bank channels, TCS BaNCS also enables banks’ those capabilities as well.
The evolution of the payments marketplace involves
customers to see how their payments have performed.
With an intelligent use of Payment Tracker data from
significant change throughout banks, including cost
SWIFT gpi, financial institutions can evaluate and assess savings in back-office capabilities, process changes to
the health and efficiency of each participant along the middle-office risk and compliance, and rethinking of
payment chain. Banks can assess their correspondent value propositions in front-office sales and channels.
banking networks, identify bottlenecks, and have ready Having TCS as a partner enables financial institutions to
access to information required to either remedy the manage these transitions with assurance and excellence.
l
situation with the correspondent banks or to identify
alternative routing mechanisms.
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