TCS BaNCS Customer Newsletter TCS BaNCS #31 (September 2019) | Page 29

first point of contact. Now, with the South Africa Actions, Securities, and Banking. implementation of the TCS BFSI Platform powered by TCS BaNCS, the first-contact fulfillment rate has increased to over 80 percent for key transactions. The first phase of the implementation also covered foundational data quality Digital Core initiatives to revalue legacy policies, standardize reinsurance contracts, Integration and fully document IT and compliance New York practices. These initiatives will reduce Innovation Zurich risk and improve operations throughout the partnership. In future phases of the deployment, policyholders will benefit from further digitization and enhanced services. In addition, the agility and flexibility APIs Singapore of TCS BaNCS will enable Scottish Widows to quickly launch new business London e TCS BaNCS Global Securities Platform User Group - Europe offers based on analytics driven by the TCS BFSI Platform. by Machine First principles te: Execution September 5, 2019 and Agile Methodology nue: Hotel Kameha journey Grand of Zurich, Dufaux-Strasse 1, 8152 Glattpark Zurich, Switzerland “A transformation this me :30 :00 :15 :00 :30 :00 :45 :15 magnitude always demands innovative execution,” said Rajatsubhra Pal, Agenda Global Head – Insurance, TCS Financial Solutions. “To orchestrate the journey Registration streams, we have adopted core Welcome & Introduction principles of our Machine First Delivery Directional Update Model (MFDM™) and embraced the Agile Methodology to execution to Technology Update with multiple stakeholders and delivery ensure measurable and predictable Coffee Break progress toward completion of the 11th Annual TCS BaNCS Customer Forum, The Calyx at the Royal Botanic Garden, Sydney, Australia l Capabilities - A Walkthrough Global Securities Platform Global Securities Platform Roadmap 29 TCS BaNCS Successes transformation journey.” 25