Euroclear Finland goes live on TCS BaNCS for Market Infrastructure
TCS announced that its flagship product TCS BaNCS has been implemented by Euroclear Finland for all asset classes. This is the first transformation in Europe, where a CSD replaced its core legacy system. In addition, Euroclear also made significant enhancements and upgrades to its issuance and post trade services. ‘Infinity’, powered by TCS BaNCS for Market Infrastructure, is a program that replaces legacy platforms with a single modern, standards-based settlement and safekeeping platform.