TCS BaNCS Customer Newsletter TCS BaNCS #31 (September 2019) - Page 13

AT A GLANCE Company: Länsförsäkringar Bank Business Challenge: Modern core banking solution with payments infrastructure and support for open banking Solution: TCS BaNCS for Core Banking and Payments Länsförsäkringar Bank awards TCS BaNCS with a gift to commemorate the successful go-live. FAST FACTS increased support for packaging and pricing, and improvements in back office processes. Also, Länsförsäkringar Bank, one of Sweden's largest banks, offers banking services on the retail market within Sweden through customer-owned regional insurance companies. the bank was now able to fully meet its SEPA obligations and ready to be compliant with the coming Swedish payment infrastructure. The bank is now positioned to pursue new business opportunities, whether through rapid development of new products within the TCS Total number of Länsförsäkringar Bank customers: More than 1 million. BaNCS environment, or through open banking using the API gateway. “TCS BaNCS is easy to integrate with the external world, making it easy Customer contact takes place during personal meetings at 130 of the regional insurance companies' branches throughout Sweden and via digital services and telephone. to extend our partner network,” says Lundberg. With TCS BaNCS and the bank's API gateway, the full range of internal and external products assembled for Länsförsäkringar Bank customers can be made available through powerful new digital experiences. Rewarded with the highest private customer satisfaction: 13 out of 15 years (Swedish Quality Index) “The replacement of the system marks a key milestone for Länsförsäkringar Bank and the new modern IT platform will further add to our ability to meet our customers in the digital space and open more opportunities for developing the digital banking services of the future,” commented Sven Eggefalk, CEO of Länsförsäkringar Bank. Sven Eggefalk, CEO of Länsförsäkringar Bank, and Venkateshwaran Srinivasan, Head of TCS Financial Solutions, participate in go-live celebration in Bangalore. “In addition, Länsförsäkringar’s Open Banking platform was launched in June with the aim of building new, innovative services that make everyday life easier and create security and added value for customers.” l 13