Council of Europe Development Bank Partners with TCS to Transform Reconciliation Processes
India, June 16 -- Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has partnered with the Council of Europe Development Bank (CEB), to modernize its operations and drive greater efficiency. As part of this collaboration, TCS will deploy TCS BaNCSTM for Reconciliations to help the bank streamline complex transactions and automate key reconciliation processes using artificial intelligence and automation. With the implementation of TCS BaNCS for Reconciliations, the CEB will be able to automate the entire reconciliation lifecycle-from transaction matching and exception handling to investigation and reporting. The product will provide real-time visibility and greater transparency, while reduci...
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