Utilizing sophisticated integration methodologies, techniques and tools, TCS BaNCS Core Banking version 10 also presents innovative functional enhancements in the areas of Lending, Deposits, Islamic banking, Origination, Preferential Pricing, Securitization, Trade Finance and Treasury. This advanced solution is further enriched with the addition of business rule driven TCS BaNCS Origination product. These enhancements are deployable in support of all TCS clients' Universal Banking requirements including Retail, Corporate, Private and Islamic Banking.

"The fast pace of business change is forcing a technology evolution in the back office. Advanced core solutions that deploy a services-oriented, component-based architecture enable business agility," said Don Free, Research Director, Gartner.

"TCS BaNCS Core Banking version 10's powerful and comprehensive functionality will enable our clients to leverage seamless Business Process integration capabilities across all Channels and underlying systems," said N. Ganapathy Subramaniam, President, TCS Financial Solutions. "With the benefit of advanced Service-Oriented Architecture, this version can drive any bank's efforts to transform operations, enhance customer service levels, drive new product development, enable targeted revenue growth and also achieve lower total cost of ownership."

Designed for the Web 2.0 paradigm TCS BaNCS Core Banking version 10 enables financial institutions to drive transformation, and modernize their processes and workflows with its powerful and state of art Service-Oriented Architecture. TCS BaNCS Core Banking version 10 exposes functionality through Web services that can be seamlessly integrated with in-house legacy systems. The system also supports business process orchestration using industry standard middleware products. TCS BaNCS Channels offers multiple touch points providing a consistent user experience across multiple channels such as branch outlet, self service via the web, and call center, to interactive voice response and mobile banking.

TCS BaNCS Core Banking version 10 delivers a 360 degrees view of the customer's relationship with the bank. To improve customer service and cross- selling opportunities this view encompasses all facilities, accounts, applications and contacts. This is enriched further by a full record of every relationship that a customer has across all lines of business.