![]() ![]() The BANCS Core Banking software was developed at the headquarters of Financial Network Services Pty (FNS) in Sydney Australia. Prior to being taken over by TCS in 2005. ![]() The suite of products is periodically evaluated by independent research firms such as Forrester. There are also modules that deal with capital markets and the insurance business. It includes functions for universal banking, core banking, payments, wealth management, forex and money markets, compliance, insurance, securities processing, custody, financial inclusion, Islamic banking and treasury operations. TCS BaNCS is a core banking software suite developed by Tata Consultancy Services for use by retail banks.
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