Oman’s Bank Muscat goes live with TCS BaNCS for Fund and Investment Management
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The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
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In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
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26 February 2018
Mumbai, India
TCS announced that Bank Muscat, the flagship financial services provider in the Sultanate of Oman, has gone live with TCS BaNCS Universal Banking for its fund and investment banking operations. This deployment is a strategic upgrade to its earlier platform solution and will provide extensive capabilities for multiple asset classes such as funds, equities, fixed income and money markets.
Business growth and the underlying complexity of operations were the key drivers for this upgrade to modern technology. TCS Financial Solutions has been a strategic partner of Bank Muscat for the past 15 years and TCS BaNCS’ advanced breadth and depth of this additional functionality will position the bank for higher growth and operational efficiency. Bank Muscat selected TCS BaNCS Universal Banking after a long evaluation and selection process. This TCS BaNCS’ upgrade will optimize the Bank’s operational efficiency and processes. The new solution will both enhance workflows and reduce time taken on fund and investment banking operations.
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