âCollectively, TCS Financial Solutions and SociÃ©tÃ© GÃ©nÃ©rale have successfully built a multi-country, multi-currency European payments platformâ commented Mr. T. Roehm, Head of SociÃ©tÃ© GÃ©nÃ©rale Corporate Cash Management. âThe committed efforts of both SociÃ©tÃ© GÃ©nÃ©rale and TCS Financial Solutions have provided the bank with a unified European payment offering that consolidates corporate cash activities across Switzerland, the United Kingdom, Spain, Germany and the wider European region. This payments platform provides better quality of service for our customers and assists our bank to rapidly adapt to changing market conditions."
In addition, TCS Financial Solutions has been honored by The Banker magazine with the prestigious 2007 Cash Management / Treasury Technology Award. The Banker selected QUARTZ Payments - recently rebranded as TCS BÎ±NCS Payments - based on its advanced architecture, innovative integration features and ability to provide one of Europe's largest banks with a unified payments infrastructure that included TARGET2 and SEPA compliant functions and capabilities.
âBy producing sophisticated software solutions that improve operational efficiency and drive revenue growth we continue to deliver product superiority to the worldâs leading financial institutionsâ stated Mr. N. G. Subramaniam, President of TCS Financial Solutions. âThe Banker Technology Awards were established to recognize excellence in banking technology innovation and TCS Financial Solutions is proud to be honored with The Banker magazines Technology Award in Cash Management / Treasury. The focus of TCS BÎ±NCS Payments product is to deliver an integrated solution which assists leading banks such as SociÃ©tÃ© GÃ©nÃ©rale to consolidate back office operations and provide a uniform customer experience across multiple geographies.â Mr. N. G. Subramaniam added.
With TCS BÎ±NCS Payments solution clients are able to homogenously process multiple payment products, achieve consolidation of operations and IT infrastructure as well as dramatically improve client servicing and operational efficiency.