Reconciliation, Reimagined—TCS and CEB (Council of Europe Development Bank) Team Up to Automate the Back Office

Tata Consultancy Services (TCS) has partnered with Council of Europe Development Bank (CEB) in a strategic partnership to accelerate transformation and modernize its financial reconciliation processes. The partnership will utilize TCS BaNCS for Reconciliations, an AIdriven, cloudbased platform to automate and simplify complex financial processes in institutions.

 

Key Highlights:

This partnership is merely a step further for TCS in its growing presence in the European financial industry, as institutions seek to transform core functions without compromising control or compliance.

 

Sources: TCS.com, TCS BaNCS Reconciliations Overview, Economic Times Tech