Tata Consultancy Services (TCS) announced on Tuesday that it has successfully deployed its TCS BaNCS platform for BNP PARIBAS for the Euronext market.

Outlining the program objective Alain POCHET, Head of Banking Services, BNP Paribas, Securities Services, said “In a complex and high risk environment like custody management, optimum efficiency and low risk are keys for success. Partnering with TCS Financial Solutions allowed us to completely focus on the complex marketplace and leave the integration issues to them. We now operate on a faster, leaner infrastructure that allows us to run our business with agility.”

Commenting on the partnership, N. Ganapathy Subramanian, President, TCS Financial Solutions said” We are delighted to serve the growing needs of BNP Paribas, as they march forward pursuing their vision of becoming a highly customer centric organization. Our global track record of enabling multiple custodian banks around the world was showcased again at BNP Paribas”.