Qatar National Bank has gone live with the Tata Consultancy Services (TCS) BaNCS universal banking technology for custody.
BaNCS now supports QNB’s Custody, Securities Lending and Borrowing on Direct Investor Channels in Qatar.
Adel Al Malki, general manager, Group IT, said, “As the biggest bank in Qatar and the leading financial institution in the region, it is important that we provide quality solutions to our clients and customers. The introduction of TCS BaNCS deploys robust and proven technology that will benefit our diverse range of custody and securities lending and borrowing clients, and this will further enhance capabilities and delivery in this important area of our business.”
“With this go-live TCS BaNCS has further expanded its customer presence in the Middle East, said Ariketh Vasudevan, head, TCS Financial Solutions, MEA. Today, more than 40 financial institutions use this platform as their preferred technology solution in the banking and capital markets segments.”
QNB Goes Live With TCS Technology For Custody
Qatar National Bank has gone live with the Tata Consultancy Services (TCS) BaNCS universal banking technology for custody.