leadership view
PREPARING
FOR THE LEAP TO
HYPERCONNECTIVITY
We at TCS Financial Solutions have
been working with our customers
globally to make several big leaps
– to move from fragmented and
siloed core processing architectures
to modern componentized yet
integrated architectures, and
from batch processing models to
embracing real-time paradigms of
processing and interactions.
Yet we recognize that the next
For a financial institution operating
in this age of hyperconnectivity,
merely being connected in real-
time will not be enough. To retain aspects of our strategy keeping this
and attract customers will require new world in mind. These revolve
the highest levels of flexibility around three fundamental building
and innovation and an ability to blocks
reimagining business and value 1. Ability to connect, interact,
and exchange data
creation models which can happen
leap may be even more challenging. predominantly only when they are
We are entering an era of able to visualize more partnerships
hyperconnectivity. with entities across the broader
Hyperconnectivity will mean
that there will be far more people,
We are putting in place several key
ecosystem.
We believe that ‘designed for
cloud’ solutions having support for
APIs and microservices will form
an essential component of success
It is amply clear that
in the hyperconnected world. TCS
businesses and “things” online, hyperconnectivity will place already holds the leading position
generating more data than ever, incredible demands on organizations, as a SaaS provider for cloud-based
through network, transmitting that and TCS Financial Solutions is financial services, including Diligenta,
instantaneously to an ecosystem committed to ensuring that TCS TCS’ platform for life insurance and
that will in turn respond instantly BaNCS customers will be ready. In pensions in the UK; TCS BaNCS Cloud
to trends and patterns in real time. every area of our business, we have for Core Banking, which handles over
Competitors across borders and been working to ensure that we 100 million transactions per month;
across industries are imagining ways provide open platforms and trusted and our just-launched TCS BaNCS
to profit from the exponential growth networks that support real-time Cloud for Asset Servicing, which has
in connectivity in ways that we have interchange of information with already started winning customers in
only begun to glimpse. diverse stakeholders. the largest markets in the world.
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