#OneTCS
Our Agile development
methodologies have helped us
enhance productivity amidst changing
business priorities and scenarios. We
have encouraged our teams to solicit
customer feedback, understand needs
and respond accordingly in these
times. Needless to say, these times
have also fostered opportunities for
creativity. We have been creating
digital learning programs to help
our teams prepare for the future
even before the pandemic and have
reinforced the upskilling approach
more now.
Our mission – Turning our
Technology to your Advantage™ –
remains as relevant in 2020 while
coping with a global pandemic as in
2007 when we launched TCS BaNCS
at the cusp of a global financial crisis.
Our Digital First, Cloud First™
approach is designed to enable
financial institutions to embrace
digitization as a winning strategy.
Today, adopting Digital and Cloud are
no longer seen as strategic choices,
but rather as business imperatives.
To continue delivering the full range
of services, Digital has become a
necessity, just as being on the Cloud is
needed to maintain and scale essential
operations, as has been proven
globally in the last few weeks.
Moreover, financial institutions
will need to deliver services and
information not only to their traditional
set of customers and business
partners, but also to entities across
entire supply chains. We believe our
work in implementing Quartz Smart
Ledgers for financial institutions,
corporates, MSMEs and governments
will prove to be an essential element
for the rapid rebuilding of national
economies and resumption of global
trade. Financial support has become
a literal lifeline for families and
companies of all sizes, and the fastest
path to economic recovery will require
broad-based participation from diverse
stakeholders over trusted, shared
networks that are easy to build and
maintain.
Over the past weeks, we have all
been adjusting to new realities in terms
of daily life in our communities and
economies. Relationships with our
customers, partners and employees
have always been the lifeblood of our
business and we continue to take steps
to help our people stay in touch with
our unique vision and purpose, and
their unique role in it.
In the midst of the crisis, we have
taken comfort in many heartening
moments as well. In April, Celent
announced that Länsförsäkringar
Bank was chosen as its Model Bank
for their Core Transformation to TCS
BaNCS Global Banking Platform. Also,
we kickstarted a major initiative last
month in Israel to set up a fully Digital
Bank under the direct supervision of
the Israeli government and supported
by the country’s Central Bank. These
have been strong indicators validating
our overall strategic direction.
We stand ready to assist our clients
through any difficult transitions, with
the hope and belief that what we can
achieve together will create a better
future for everyone.
We have connected with many of
you over video calls in the last few
weeks and will continue to stay in
touch with you to ensure our teams
are aligned. We appreciate your trust
in TCS BaNCS and look forward to
continuing our important work with
you.
l
#TCSBaNCS
3