TCS BaNCS for Compliance

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TCS BaNCS for Compliance is an artificial intelligence-based regulatory risk compliance and financial crime detection solution that helps companies proactively manage money laundering risks. The solution is embedded with advanced analytics and a range of tools facilitating intense surveillance. This facilitates building explicit customer risk profiles.​

The comprehensive and robust architectural design of TCS BaNCS for Compliance empowers firms to gain deeper insights into customers’ portfolios, thereby assessing and identifying potential risks.

Key Features

  • Sanction Screening & Watch-list Capture: Being list agnostic, the solution can ingest any number of regulatory, third- party, and user-defined internal watch-lists
  • End-to-End KYC processing with an inbuilt engine
  • Rule-driven parameters help provide a 360 degree view of the customer and meaningful insights
  • Transaction Monitoring by generating behavior patterns
  • Reporting & Audit
  • Facilitates parsing of data via AML engines and simultaneously stores it in a blockchain network

Key Benefits

  • Designed and developed with the Digital First, Cloud First philosophy
  • Mine Complex Data with a Web Crawler
  • Enriched sanctions screening capabilities aid in efficient matching between customer and watch-list data
  • Includes advanced analytics, proactive behavioral analytics, and sentiment analysis