Swedish retail lender Lansforsakringar Bank has selected Tata Consultancy Services’ (TCS) BaNCS core banking platform to support its future growth and transformation.
In addition, the technology provider will also offer system integration and support services to facilitate a smooth transition for the bank’s current environment.
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Lansforsakringar Bank CEO Rikard Josefson said: "In our evaluation, we found TCS BaNCS to be a superior solution that is very well capable of supporting our ambition of being a digital market leader. TCS’ long term commitment to Lansforsakringar Bank and to the Nordic market was an important factor behind our decision to partner with them. With TCS BaNCS, we are confident of achieving our business transformation objectives."
TCS Financial Solutions president N Ganapathy Subramaniam added: "TCS BaNCS’ robust functionality will underpin Lansforsakringar Bank’s next-generation digital banking services and offer a highly personalized customer experience. TCS BaNCS will also reduce the time to market for new products, time to compliance for regulations, and cost of operations."
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By GlobalData
