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

Create a vendor selection project & run comparison reports
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.

Overview

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