Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization has said that its flagship product TCS BaNCS has gone live in Gansu Bank, China.
Gansu Bank is the only provincial city commercial bank directly managed by the Gansu Provincial Government and has approval from China Banking Regulatory Commission. An award winning institution, Gansu Bank has won acclaim for innovation, risk management and technology practices in the recent past.
The Bank took rapid growth strides powered by a robust platform that enables speed and compliance. This go-live involved integration of TCS BaNCS with 100 other peripheral systems and was a complex overhaul of the IT infrastructure in the Bank. This go-live expands TCS BaNCS' footprint in China with three other large credit unions that are already fully operational in addition to 20 other financial large banks and financial institutions in the country.
Meanwhile, shares of the company were trading at Rs 2983.30 apiece, down 0.61 per cent from the previous close at 09:25 hrs on BSE.