Breaking News

You are here » Indian-Commodity  :  Top News  :  Zions Bancorporation unifies lending operations with TCS BaNCS

16-Apr2019

Zions Bancorporation unifies lending operations with TCS BaNCS

Zions Bancorporation has completed its next phase of core transformation by successfully deploying the Tata Consultancy Services' (TCS) core banking software suite -- TCS BaNCS Core Banking solution for its commercial, industrial, and real estate lending businesses.

TCS BaNCS has replaced Zions' legacy loan systems, which had been customized for each of their affiliate community banks, with a single digital core, as part of the bank's larger strategic vision of modernizing its technology landscape. The bank had earlier deployed TCS BaNCS to transform its retail loans portfolio. Zions is also deploying the TCS BaNCS solution to replace its legacy deposits and teller platforms.

Tata Consultancy Services (TCS) is an IT services, consulting and business solutions provider that has been partnering with the world's largest businesses in their transformation journeys for the last fifty years.


Related News

View all news

Crude oil futures end higher on Thursday

Crude oil futures ended higher on Thursday with marginal gains for the truncated week, as traders weighing near term crude supply and demand prospects. Oil prices took some support with tighter supply......

Turmeric futures trade higher on rising demand

Turmeric futures traded higher on NCDEX as market participants enlarged their holdings on account of rising demand for standing crop in the physical market. Moreover, government procurement in some states......

Coriander futures trade up on restricted arrivals

Coriander futures traded up on NCDEX as speculators built up fresh positions amid rising spot demand. Besides, tight stocks on account of restricted arrivals from major growing regions also fuelled the......

Top News

View all news

Lupin seeks more time from commerce ministry to complete project in Indore SEZ

Lupin has sought more time from the commerce ministry to complete its project, with proposed investment of Rs 205.69 crore, in the Indore Special Economic Zone (SEZ). The company is setting up its pharma......

Tata Sponge Iron to shift its registered office to Kolkata

Tata Sponge Iron has decided to shift its registered office from Keonjhar in Odisha to Kolkata, subject to the approval of the members of the company and other regulatory authorities. The company has also......

GVK Power's arms ink pact with ADIA, NIIF

GVK Power and Infrastructure's subsidiaries -- GVK Airports Developer (GVKADL) and GVK Airport Holdings (GVKAHL) have signed a term sheet and exclusivity agreement with Abu Dhabi Investment Authority (ADIA)......