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TCS BaNCS to drive digital strategy for insurance carriers
Source: IRIS | 09 Jun, 2014, 11.56AM
Rating: NAN / 5 stars.
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Tata Consultancy Services announced that TCSBaNCS for insurance will enable carriers to leapfrog the digital divide through analytics and by leveraging ISO Electronic Rating Content (ERC) information.

TCS BaNCS' insurance solution encompasses a transformational digital strategy that builds on data analytics, mobility, portal and social media.

TCS BaNCS has integrated ISO ERC and offers a richly functional core platform that not only helps carriers serve today's customers better but also embrace customer's changing aspirations and needs of the future.

Vijaya Deepti, vice president of TCS said, "The key to digital re-engineering is to embrace the entire enterprise, not just jump on an ad-hoc opportunity. TCS BaNCS is built on that promise of enterprise-wide transformation where a carrier can take a quantum leap from the Legacy age into the new age business environment. Our value proposition stems from a deep understanding of global innovation and a proven track record of customer success."

Shares of the company gained Rs 32.55, or 1.56%, to trade at Rs 2,116.60. The total volume of shares traded was 25,983 at the BSE (11.47 a.m., Monday).

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