Tata Consultancy Services (TCS) has launched an AI-powered enhancement to its BaNCS platform, aimed at reshaping how banks, capital markets firms and wealth managers run their core operations.
The upgraded solution embeds artificial intelligence across key workflows, enabling financial institutions to use data more effectively and respond faster to changing business and regulatory demands.
The platform combines machine learning, generative AI and intelligent automation to support a wide range of banking and securities functions. It is designed to help institutions improve productivity, reduce operational complexity and deliver more consistent customer experiences, while maintaining control over risk and compliance.
TCS said the enhanced BaNCS platform allows organisations to deploy AI capabilities through configurable tools rather than custom development, enabling faster adoption across business lines. Financial institutions can apply AI to areas such as onboarding, transaction processing, analytics, and operational decision-making without extensive system changes.
A key focus of the platform is governance and transparency. The AI framework includes built-in controls to track decisions and outcomes, helping institutions meet regulatory expectations around explainability, auditability and responsible AI usage.
With banks and market intermediaries under pressure to modernise technology stacks while managing cost and compliance, TCS positions the AI-enabled BaNCS platform as a way to balance innovation with operational discipline. The launch reflects the growing role of artificial intelligence as a core capability in global financial services infrastructure.
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