Bank of Panhsin deploys TCS BaNCS soln

NEW DELHI, INDIA: TCS Financial Solutions has announced that Bank of Panhsin, retail bank positioned within Taiwan’s growing financial sector, has gone live with TCS BaNCS, scalable core banking solution.

With this deployment Bank of Panhsin will benefit from a faster return on investment and enhanced investment protection, TCS said in a statement.

“Bank of Panhsin selected TCS BaNCS core banking solution due to its world class performance and scalability. With TCS BaNCS core banking system we will be able to deliver 24/7 real time banking solutions for our clients with complete confidence,” said Joseph Tsai, chief information officer, Bank of Panhsin.

TCS BaNCS core banking solution is a fully scalable, modular core banking solution, which automates every aspect of a financial institution’s back, middle and front office operations in one fully integrated solution. This multichannel, multilingual and multicurrency system allows 24/7 real time, event driven transaction processing.