ABN AMRO Clearing to roll out TCS BaNCS Integrated
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE TCS Financial Solutions, which is dedicated to providing business application solutions to the banking, insurance and capital market industries, has announced that it will provide ABN AMRO Clearing Bank N.V. with TCS BaNCS integrated Custody, Cash and Corporate Actions solution as part of a modernization programme to replace its legacy infrastructure. Andrej Bolkovic Global Chief Information Officer of ABN AMRO Clearing commented, "This project will significantly lower our maintenance and IT-related costs. TCS BaNCS not only meets our needs from a functionality perspective, but supports and enhances our operation's capabilities in a rapid and ever-changing business environment." N. Ganapathy Subramaniam, President, TCS Financial Solutions, said, "The ideal promise of technology is the harnessing of the benefits while keeping the cost low. We are glad to be chosen by ABN AMRO Clearing to be a part of their extensive moderni...