Cathay United Bank, Taiwan implements TCS Bancs for core banking

Source: Tata Consultancy Services

Tata Consultancy Services (TCS), (BSE: TCS.BO, NSE: TCS.NI), a leading IT services, consulting, business solutions and outsourcing firm, announced today that Cathay United Bank, a full-service bank in Taiwan has implemented TCS BANCS Core Banking.

"With over 180 domestic branches and more than 10 overseas offices, the team at Cathay United Bank required a world class core banking solution that would deliver outstanding business value, said Mr. K.T Chang, Chief Information Officer, Cathay United Bank. "We selected TCS BANCS because of its recognized leadership in the Taiwanese banking market. With TCS BANCS we have invested in the future; TCS is passionate about technology and our business."

Highlighting the success, N. Ganapathy Subramanian, President, TCS Financial Solutions said, "Cathay United Bank needed a strategy that would assist in lowering costs and bringing new products to market quickly and efficiently. TCS BANCS Core Banking enabled Cathay United Bank with a rock solid platform that will deliver a real competitive advantage. This implementation highlights our team's ability to deliver a powerful and flexible retail banking solution on time and on budget. In addition, I am pleased to announce that this is the fifth TCS BANCS Core Banking implementation in Taiwan. With Cathay United, TCS BANCS is the number one core banking market leader in Taiwan."

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