Bahrain bank picks TCS software for treasury operations

Mumbai, Oct 17 (IANS) Indian IT bellwether Tata Consultancy Services (TCS) on Tuesday said BMB Investment Bank of Bahrain in the Gulf had selected its financial software product 'Bancs' for customer-driven treasury operations.

"TCS Bancs for treasury enables us to launch innovative solutions for customers while automating manual tasks, processes and driving innovation," said Chief Financial Officer of BMB, Gaurav Baid in a statement.

The software product allows operations in multi-currency, integrated trading and risk management among other activities.

"The software will help the banks streamline workflows and enable real time cross-asset-class risk analytics from a single system," TCS said.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

Facebook Comments

About VDC

Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

Share

This website uses cookies.

%%footer%%