TCS BaNCS Helps Wells Fargo Transform its Asset Servicing Operations
Posted by Sanjay344 days ago
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344 days ago
Wells Fargo recently transformed its Asset Servicing operations with TCS BaNCS. Following the highly successful TCS BaNCS implementation, Wells Fargo achieved significant automation of its workflow for corporate actions announcements, elections, and payments. Using no-touch processes for most day-to-day activities, the bank has achieved over 99 percent STP on payments and announcements, with reduced errors leading to a significantly improved customer experience.