TCS BaNCS for Corporate Actions for Broker-Dealer and Investment Banking

TCS BaNCS for Corporate Actions is fully ISO15022, ISO20022 and DTCC20022 compliant, with automated end-to-end processing for all types of events, multiple product types, including derivatives, across all global markets.

TCS BaNCS for Corporate Actions has been a market ready solution for asset servicing for multiple business segments, including custodians, broker-dealers and asset management firms. The solution offers enhanced features such as institutional and prime brokerage, lending & borrowing, collateral management and the processing of derivatives, giving full support for these business lines and products.

TCS BaNCS for Corporate Actions helps investment banks and broker-dealers with:

• Automation of end-to-end corporate actions processing on Long, Short, Collateral, Derivative and Hedge positions
• Complete visibility of risks during operational processing
• Real-time management reporting, to enable operation management at a global level
• Enhanced end-user experience via chat bots, user GUI and apps

• Stock Grids
• Processing for Derivatives
• Short Positions
• Election/Instruction Allocation
• Notifications and Liability Notices
• A comprehensive operations dashboard
• Ease of integration with other in-house, third-party systems
• Regulation & Risk management
• Addresses Market & Technology Risks

• Automation of End-to-End (and beyond) of corporate actions processing on Long, Short, Collateral, Derivative and Hedge positions
• Real-time Management Reporting, to enable operation management at a global level
• Operational processing driven by risks within an event, as based on several criteria that are unique to the event
• Client / Desk / Front Office servicing via Chat bot offering, user GUI and Apps