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  • 8/8/2019 TCS BaNCS Newsletter Seventh 10 2009

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    2009Hong Kong

    Visit TCS t St nd 1D20

    2009 N mbe 7

    Ne e lt m n gement pl t o m en bles 24/7 o ld ide se vice SEIgoesGlobal c o

    v e r s t o r y

    ALSO IN THIS ISSUEl SWIFT Asia Pacifcl AMEDA in Egyptl Opportunity in Corporate Actionsl BAI Retail Delivery Previewl TCS Research & Development & Technology

    E pe ience ce t inty. IT Se vicesB siness Sol tioO tso cing

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    ThE rEwarDS OvISIon,lEadErShIpand valuESby n. G t y S b m i m, p esi e t, TCS Fi ci S ti s

    2

    Ci c mst ces e c ge i t e cise ices i st y e t e st 12 m t s,

    t e e em i s g e t e ce t i tywit eg t sset ici g, eg t y

    e ect ti s, c s me s e i g, c mme ci cti ity ty es em yme t g es. Fi ci

    i stit ti s b i t TCS B nCS s i ti ccee wit t e c e ce t t t ey ssess b t t e

    s ee e ibi ity t es t im e i g c ges ti e m ket c iti s.

    h we e , bei g st e ib e is t w ys e g . Times ike t ese eq i e esse ti q ities s c s isi ,

    e e s i st g es. I t is m t s c e st yb t ig y e c st me SEI, we e c e

    e m e t ese q ities i cti .Se e ye s g , SEI e i b e m ket sitis i e t i te b ks, i estme t is s,

    i estme t m ge s, i stit ti i est s e t i i i s i t e u.S. h we e , t e c m ys

    tec gy s ti s we e cki g i s t e se s c ie ts, t e e yi g c itect e e

    t be b ie t t e ecess y m i c ti s t mt t s t ssib e. SEI w s ce wit t e i

    s ect b i i g ew c itect e, i tsc tc , t t w e ic te e cee SEIs es ti set t s t t e i te ti m ket.t e ce t i ties i e , b y c s y w

    s c ject w t ke, w t it w c st, w t t e e ti e e t ki g w be s ccess.

    Yet t e c m y t e isi t ess e .emb ce t e c ce t bec mi g g b c mwit b e, e i imit b e c mbis ti s c b e s ti g its c st me s yi t e w . T is w s isi s te by s

    i ts iew b t w e e t e m ket w s et e fe i gs t t w be b e i t e tt e e eme ts s ti t t w c t ibc m etiti e t ge.

    I s i g its isi , SEI e ibite t e e eq ities ee e t s e, e e e ize s

    tc me, w e s t e be e ts i g.

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    3

    i S t o c k

    h o t o

    TheTCS B NCS teamlooks orward to a

    success ul SIBOS in HongKong with our valued

    customers and partners.Please visit us at

    Stand 1D20.

    By e iti , e e s i i es i g t i gsife e t y t t e est t e ck. F SEI, t e key t

    e e s i w s wi i g ess t t y fe ewb si ess m e t its c st me s, b t s its emb ce

    ew se ice e i e y m e s tw e se icee e me t. Wit i TCS, we w ke c se y wit SEI

    t e s e t t t e m ti ye jects bjecti es i ce ti es we e i ig me t, s es t c me wit i ti e t e s i m e t t b e e t e

    i e betwee SEI s c st me TCS s se icei e . TCS e e e s, esig e s s bject m tte

    e e ts w ke site wit t e SEI te m t t e i tw e e t e tw g s bec me si g e, c esi e it

    e ti g wit gi ity t st. u ike t itits ci g e s w e e i te cti s c s metimes be

    c e by ye s m geme t e w k, t eSEI TCS t e s i i e c se w ki g e ti s i s,

    e i es c mm ic ti , c mm es.le e s i t i es c mm es. as T t

    c m y, TCS s es t e es its c te e t. T t c m ies e w ys be ie e i et i g we tt t e s ciety t ey se e, t s e te s ciwe e cti ities t c mm ities t ei i st i

    its. Simi y, t SEI, i t y c mm ityi eme t is t t e b ic t e c m y, witem yees t e e s t e c m y i c i g TCSem yees ee y getti g i e i cti ities m

    c ise s t b i i g mes st m ictims iMississi i.

    as we c e wit t e m y c e ges t y, t ebest t we c t ke is t w isi s, t e e ciseb e e s i wit c e i g, t em it e t c e es. By i g s , we m imize t e

    t ities s ccess i e e s.

    3

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    as y m y ec , st ye s SIBoS i vie w s

    b e t t ki g e e ie ce. It t k b e t w y t

    bec se its sc e g e , b t t e bec se

    t e w e e ts t ki g ce t t week, m le m

    B t e s g i g t b si ess t e st y t e c e e ce t

    m e t e s me i t e ys, weeks m t s t w.

    Si ce t e , we e see ec mic t m i , e m e c e it

    c ises y mbe big b ks bei g bs be by e e bigge

    b ks t w ys t e m st ge e s te ms . M kets st

    sw e , t e t ke t e e mi c s y ise g i .

    a e e we se es f t SIBoS i h g K g m st

    st te c ti gi e t e b ec e y i t e asi p ci c m kets.

    Eit e es ite bec se t is st ye s i t e w

    ec mies e m e s i ti t i Se tembe 2008.

    We e c ecti e y m e st b e c e t b t t e t e. S e,

    b k is sti i i g e e t e e, c s i ti i t e e

    c mm ity c ti es s s , b t t se e e ts e c y m

    st ye s e i e n t e E e c t y.

    he e t TCS Fi ci S ti s, we e ge i g SIBoS i

    e y big w y. o gs i s ti s ite TCS B nCS is es eci y

    s ite t t e c it m kets is e t eme y e e t t t e e ti e

    SWIFT c mm ity. TCS B nCS m es t e g m t

    s ti s t t m j b k c it m kets m w ee t

    t ei missi c itic b si esses. T ese w i c e C te

    acti s, Sec ities T i g, Sec ities p cessi g, C e i g

    Sett eme t, M ket I st ct e, C s M geme t, T e Fi ce,

    p yme ts, T e s y, asset M geme t, I stit ti C st y,

    t e u i e s B ki g s ti s we .

    Y c s t SIBoS t St 1d20 i y c e t isc ss w

    we c ess y b si ess tec ic eq i eme ts t

    em e m e fe i gs. I y e t t SIBoS, j st

    me em i I c m ke t e ig t c ecti s t m i

    e e ts t TCS.

    a i y e m e i te este i t e TCS B nCS b ki g

    s ti s c e b ki g, igi ti , b c t e , Is

    b ki g, mic ce, we t m geme t, t e et i b ki

    s ti s y c isit s t t e BaI ret i de i e y C e e ce t

    ye i B st , n embe 3 5.

    as y m y m y t be w e, TCS j m e t e $6 bi i

    e e e i t e sc ye e i g M c 2009. Gi e t t t e m s

    sig i c t ti t t e e e c mes m t e Fi ci Se i

    I st y, TCS B nCS is t be i g its s e t im ct

    b t t e t b tt m i es c st me s, i s i g

    m ki g t em e e m e c m etiti e t e w st ge. TCS is t y

    e e yw e e y ee s t be; e se et s k w w we c be

    se ice i e i g y t e e ie ce ce t i ty.

    u ti e t time

    Dennis rom n

    Edito -in-C ie

    C ie M keting O ce

    TCS in nci l Sol tions

    954 423 3560 o ce

    954 806 6660 cell

    [email protected]

    www.tcs.com/bancs

    FroM ThE EdITor

    l e t t e r

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    5

    TCS Fi citi s ofe s CIT le e s i

    ci I stit

    ConTEnTS

    ab t TCS Fi ci S ti s TCS Fi ci S ti s is st tegic b si ess it T t C s t cy Se ices. de ic te t i iic ti s ti s t ci i stit ti s g b y, TCS Fi ci S ti s s c m i e c m e e

    t i e t e b me TCS B nCS. o missi is t i e best b ee s ti s t t wi i e ge ce c sts, mitig te isk fe ste s ee t m ket c ie ts. Wit g b c st me b se i e c

    i stit ti s e ti g i e 80 c t ies, TCS Fi ci S ti s e i e s st te t e t s tw e sb ki g, i s ce c it m kets i st ies w wi e. F m e i m ti , isit s twww.tcs.c m/b

    ab t T t C s t cy Se ices T t C s t cy Se ices is IT se ices, b si ess s ti s ts ci g g iz ti t t e i e s t g b b si esses, e s i g e e ce t i ty t e m c m tc . TCS fe s c s ti g e ,

    t i IT IT e b e se ices e i e e t g its iq e G b netw k de i e y M e , ecbe c m k e ce e ce i s tw e e e me t.

    a t t e T t G , I i s gest i st i c g me te, TCS s e 140,000 t e w s bc s t ts i 42 c t ies. T e c m y ge e te c s i te e e es uS $6.0 bi i sc yeM c 2009 is iste t e n ti St ck E c ge B mb y St ck E c ge i I i . F m e i

    isit s t www.tcs.c m

    2 l ki g a en. G t y S b m i m t e ew s isi , e e s i es

    6 C e St y: SEI I estme t C .G b t ity e s we t m geme t s ti s i e t eb i c e s ti

    12 I te iew: SWIFT asi p ci cI te iew wit I J st , SWIFTs C ie E ec ti e i t e asi p ci c regi

    14 B ie g: TCS rese c & de e me t & Tec gy I pitt b i s st s i tec gy, t i g c

    16 I st y T e s: C te acti shig e me c m e ity e s t e e e t ity i c te cti s

    19 a ceme t: I s ce re e se 6.0l test e si g es b si ess cesses, ct tem tes m e

    20 p e iew: BaI ret i de i e y C e e ceB ke s e t ew i e s i se c c st me t st st bi ity

    22 E e tsaMEda e e s i F m; B&n B k G li e e e t; I i B k is Ce e t M e B k

    C y ig t 2009, TCS Fi ci S ti s. a ig ts ese e . n t t is b ic ti m y be e i te e ce wit t t e w itte e missi m t e e it . TCS B nCS M g zi e is i ec ie ts s ects eg b sis. TCS Fi ci S ti s isc ims w ties, w et e e esse im ie . I e e t wi TCS Fi ci S ti s be i b e y

    i e wit i t e m g zi e. T e i m ti is i e t t i e TCS B nCS ge e ct i ecti . T e e it i is t be se ge e i m ti ses. T e e e me t, e e se,e t es cti ity esc ibe TCS Fi ci S ti s cts em i s t t e s e isc eti TCS Fi ci S ti s.

    6

    14

    20

    12

    5

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    SEI c te e q te s i t e p i e i s b b o ks, pe sy i

    c o v e r s t o r y

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    7

    I creased worldwide dema d or outsourced wealthma ageme t solutio s led SEI to embark upoa bold busi ess i itiative to rebuild its core solutio s

    to serve global markets, usi g TCS Fi a cial Solutio s as its primary developme t part er.By d. K. Tiw i, G b p g m he TCS Fi ci S ti s

    7

    TCS B nCS s ke wit wit SEI e ec ti es w ye

    key e i e e i g,m gi g m ti g SEIsG b We t p t m GWpM k N gle, Se i vice p esi

    e t he o e ti s,SEI t ;ric d (rick) De k ,di ect G b T s cti s,SEI ce te ;Je e y T. D ennen,Svp, o e ti s he t eG b We t p t m ict

    ge 9 ;J mes McB ide, Svp,o e ti s CIo/p g mdi ect t e G b We tp t m b tt m .

    B i i g Success

    ni e t e t 20 b ks i t e

    u.S. e c ie ts SEI I estme t

    C . naSdaQ: SEIC , i e

    we t m geme t s ti swit e 40 ye s e e ie ce se i g es

    si we t m ge s, i stit ti i est s

    i te i est s.

    SEIs gs i fe i g c mbi es i estme t

    s ti , cessi g s ti ice s

    ti , es ti g i iq e e siti t

    ci i stit ti s. F c s y c ie ts

    g wi g y b si ess, e e t e est t

    s, e i s M k n g e, Se i vice p esi e t

    he o e ti s, SEI, w m ges

    t e e ti c m ete cy g s t t st SEIs b si ess. T t e siti s

    w ke we s e e i t e u.S., b se

    isc ssi s wit s ects, we s w t e

    t ity ts ci g s ti s b ks

    i e e e t we t is s tsi e t e

    u.S. s we .

    d i e by t e m ket t ity g wit

    t e essi g ee t s t t e eig s bsi

    i ies u.S. ci i stit ti s, SEI beg b ck

    i 2002 t e e t e ssibi ity e te i g

    t e c bi ities its eg cy we t m geme t t m t we t m ge s e ti g

    i ife e t ge g ic egi s. B t SEI s

    isc e e t t its systems esig e t e u.S.

    m ket we e t q ite e y e se s e

    yme t.

    C c e t y, c m y e e s i st te t

    sketc t c ce ts i ti e et i ki g

    its e ti e we t m geme t t m. [SEIs

    CEo C i m ] a West t is ti

    esig i g w e ew c t i estme t

    m geme t SEIs iet y iew w m e s b se i esti g t e m ss c s

    t miz ti t i s s w k, e tes

    Jef ey T. d e e , Se i vice p esi e t i o

    e ti s t SEI. T is eq i e sig i c t e e

    me t, we c me t t e c c si t t it

    w s time t m ke t e j m t ew t m.

    re ti g i ect y t t e CEo, d e e w s

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    mbiti s eq i eme ts t t e e s t e

    m ket t ity c yst ize .

    I ste b y s. b i , t e GWp te m

    eci e t w b y b i st tegy,

    i teg ti g iet y c m e ts wit e

    isti g systems s i te s c

    e t ki g. We i q ite i estig ti

    t ke t mbe te ti t e s,

    mestic i te ti , ki g s me ew c e s e e t e s ti s t t

    we e isi e , s ys ric rick de k ,

    di ect G b T s cti s, w is es

    sib e st ct i g c si g t s cti s

    betwee SEI its c te t e s

    i te b ki g c ie ts.

    T e se c e e t y es te i t e se ec

    ti TCS TCS B nCS i 2003. T ey t

    y t e ig t cts wit TCS B nCS,

    b t t ey s e e me t e e tise, ee

    es ces e e ie ce i ci se iceswit i TCS, e i s n g e. as t e , t ey

    we e wi i g b e t e st t e

    isi we , w k wit

    s i ste j st se i g s

    s met i g.

    T e t e s i be

    twee SEI TCS

    w s s m t e

    st t. Ty ic y, t

    s ci g ms e

    te si g e ti e yt i ye s e

    es ces m c

    t icke ye b ck i I i

    i t e j is icti s, s ys n g e.

    TCS, t t ei c e it, w s wi i g t i t t

    m e , t j st t y t t s i t s me

    ee isti g m e t ey m y e .

    o ce we met [TCS Fi ci S ti s p

    e t] nGS i tic , we t t wes meb y w e e e tise i e s

    we e e y c m eme t y t w t we w

    ki g , e tes de k. Getti g t t e

    we e y g t wit nGS

    te m t t m e s c e t t t w e t

    i e it b e esee iss es w c me

    we be b e t es e t em t t

    bee t e c se.

    We e bee b e t w k t get e s

    e s, de k s. We t j st t e t

    t TCS w it it t c me b ck. We wget e t c me wit t e s ti s, t

    m kes t e cess bette ste

    rEWardS oF parTnErShIp

    T e system b i i g cess beg i eest i 2004. I t e e y ys, we ik w w big t e ject w s g i g tbe, s ys J mes McB i e, Se i vice p esi e

    o e ti s CIo/p g m di ect G

    T e b e t cti ity se ic

    s sig i c t t t t e t e we g t i t it,bigge it seeme .

    T e b sc e GWps m te ig

    e t e ee st g t e s i m e

    c t t c gi g b si ess eq i eme

    Kee i g ce wit t e mbiti s eq i eme

    t e t m, t e te m w s m e

    i iti te m size 23 em yees t t

    400 wit i t e s ce tw ye s. TCS

    b e t ste t t e e me t c city w

    k w e ge b e es ces, b t site

    s e, t e s kee ce wit t e em isc e t e ject, s ys McB i e.

    TCS s t e st i g t tici

    t e ecisi m ki g cess m t e s

    e e me t. We we e c ti y

    isc ssi b t t e m , w

    we w te t b i e s s w t we w t

    t b y, e i s McB i e. Bec se TCS

    t i c ge t e G b We t p t m

    GWp i iti ti e, se c t i e c te itt ske wit esig i g, e e i g e y

    i g t e ew t m. Its t e mbe e i i

    ti ti e i t e c m y by , ce t i y

    gest si g e i estme t, d e e s ys. Its key

    t t ew b si ess st tegies, es eci y

    i b ki g is y.

    SEIs eg cy T st 3000 system sti se ices

    u.S. b se c ie ts, is m ge se te y by

    SEIs s bst ti c te IT e tme t. W i e

    we e te i c i estme t cessi g t

    m, it cks s me me t t i gs t t weee e g wi g i te ti m kets, tes

    d e e . F i st ce, t t e te e t

    i g i T st 3000 w be ctic y

    ew ite.

    vISIon QuEST

    T e G b We tp t m ee et e ctiity c ss i estme t

    se ices, sec ities cessi g ice, wit

    s t b t i te

    b ks i estme t is s

    t e s me system. It w s

    e t w k c ss m ti e m kets

    egi s, m gi g m tic e cy ssets

    m ti e c m i ce egimes. T ese we e

    8

    The GWP team decided to followa buy-and-build strategy

    c o v e r s t o r y

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    b g t b s

    e me t t e s w

    s s ti s i TCS em yees we e

    ti e tici ts i t e

    isc ssi s.

    E y , t e e e

    me t te m m e

    t ity t c t ib te sig i

    c t e e s c e ti e t i

    i ti t t e esig

    cess. We t ie t s me e y e

    me t ti wit w t we we e b i i g,

    w s t e w g c we w te t is ys McB i e. o ce we we e c m t b e

    we we e t e ig t t ck, we t siti e i

    m c m e st ct e g iz ti m

    cess esig , e e me t q

    ity ss ce.

    T e GWp s ti is b i t

    TCS B nCS, i teg te ct s ite

    ci se ices. T e Sec ities p cessi g

    ti i es sc b e e cie t c bi

    t s t t e cessi g, g b c e i

    sett eme t, c st y t i cc s mi ist ti . o t t t

    ses TCS B nCS s ti s a ceme

    C t e t e s e t q ity C m

    t meet t e em s ti m ey e

    k w y c st me eg ti s. T e

    B nCS e yme ts c e te t gib e e

    me ts t t e ct e e me t e ti s

    betwee TCS SEI. M y t e e e w

    i g s c me m t e TCS B nCS c

    b ckg , e b e c m

    ti cti ski s, tec ic ski sk w e ge g b e e ie ce, bse

    McB i e. Its e y e t s t e

    e s wit t t cti k w e ge

    t set sec ities e i e y i st cti s c

    ife e t e c ges egi s. T iti

    c ssic IT ts ci g e , t e s

    i e t t e e cti k w e ge.

    99

    F m e t t ig t: M k n ge , dK Tiw

    rick de k Jim McB i e.

    Be w, Jefe y T. d e e

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    at t is i t, t e e e me t t t we e

    i g wit TCS s g e we bey t ei cts, s McB i e. C mbi i g TCS B nCS

    ct k w e ge wit e e me t

    ee s w s e ect c mbi ti .

    Gi e t e c se k it t e t e GWp te m,

    t e SEI em yees t se m TCS e

    bee i teg te t t e i t t t its t te

    t em t. T ey w k t get e , y t get e

    tici te i c ity e e ts t get e . h

    i g w ke y t y wit t e e e me t

    g , I c t te y w s SEI em yee

    w s TCS em yee, e tes n g e. he es

    w I k w t t it w s e te m: W e I w

    k t my wi w, e e e i g e e yb y

    w be t t e e yi g ses es,

    t e e t ig t t ey be yi g c icket.

    Y e t i e ti y e see b c

    g mme s yi g c icket, e s.

    dEploYMEnT and BEYond

    SEIs st tw e yme ts GWpwe e i 2007 2008. T e ,i J y 2009, SEI e ye GWp ew c ie t eq i i g se e times t e

    me e i s y s te by t e t m

    mig te 30,000 cc ts w t t

    weeke , tes d e e . It t k m t s

    e ti testi g t t t.

    acc i g y, t e es ces c m isi g

    GWp te m e bee s i ti g w y m

    time e e me t t mi e e m

    s t im eme t ti . We c

    t sig i c t e e me t t e s

    e t 24 m t s, wi begi t e e

    t e b si ess e i e y se c st me e

    i g, t se ices, c ie t t c e s ti

    w wi e e ti s, e i s d e e

    I ee , m i g ew c ie t t GWp t

    ce t i m t s ef t. d i

    im eme t ti , we s e t time w

    t e c ie t e st i g w e e t ei tsi es c ss m ti e systems, s ys n g e.

    m y e t e c i t 10 m e c m

    t ec st ct c ie t e ti s i . We

    t , c e se it, m e it t t e t m

    10

    c o v e r s t o r y

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    SEIs Global WealthPlat orm (GwP)

    o e s t e v l ble combin tion o n investment sol tion, p ocessing

    sol tion nd n dvice sol tion, p ovidingm lti sset, m ltic ency nction lityto e lt m n ge s it glob l ssets.

    T e pl t o m s developed t o g niq ep tne s ip bet een SEI nd TCS, it

    development eso ces nd s bject-m ttee pe tise p ovided by combin tion o on-

    s o e nd o s o e eso ces om TCS,nd combin tion o st nd d TCS B NCS p od cts nd

    c stom development.

    t e e ic it, s t t c ie ts c c t e t e

    we i teg ti . T ey e bette i m

    ti b t t ei c st me s, ccess t t t

    i m ti i m c m e st ct e

    g ize w y.

    Wit t e we GWp t t e e y, SEI c

    c s ects wit c m e i g itc

    t t c ses m ket e t g b si ess

    t s m ti . I t ys m ket, m y we t

    m ge s t emse es s e t t i , wit

    c mbe s me e e si e i estme t e

    ti s c bb e t get e m me ge s t t s

    t t ew c ie ts. at t e s me time, t se

    c ie ts e c m i g bette , m e c m ee si e ice wit g b w e ess.

    We m ke it ssib e c ie ts t

    e te si g e icie t e ecti e b si ess

    m e t t ws t em t e i e c bi i

    aST aCTSComp ny: SEI I estme ts C .

    naSdaQ: SEIC

    he dq te s: o ks, pe sy i , uSaB siness C llenge: T c e te ew t

    m g b we t m geme t ts

    i g, c b e i i g i estme t se ic

    sec ities cessi g ice s ti s t

    i te b ks i estme t is s..

    Sol tion: C st m e e me t t e s iye e t Sec ities p cessi g, C

    te acti s C m i ce s ti s

    TCS B nCS, i teg te ct s ite

    ci se ices.

    ties t t ei c ie ts t t t ey

    w t be b e t e i e

    wit t t e t m, e

    i s n g e. We c e

    bette c ie t e e ie ce

    bette i estme t e e ie ce,

    wit c bi ities t t w y

    t esse ti y ts ce y e

    ti s t tt cti e ice i t.

    T e es t is t e bi ity we t m ge s t c s c st me e ti s i s, wit

    bette ice bette t . T ey c t y

    m ke m e m ey c e te m e e,

    s ys n g e. n

    1111

    tktktktktktkktk identi y photo

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    SwI T aSIa paCIFIC A update or the TCS B nCS commu ity I J st , SWIFTs C ie E ec ti e i t e asi p ci c egi ,

    t i es is m i cti ities esc ibes w ys t tg iz ti s c b st t ei i eme t.

    By a e G ick, M keti g C mm ic ti s M ge , TCS Fi ci S ti s, asi p ci c

    Ian, its a pleasure to have you involved in ournewsletter. To get the ball rolling, can you pleaseprovide our readers with a quick update on yourbackground?

    T k y , a e its g e t t be c mm ic ti g wit t e TCS

    B nCS c mm ity. I e bee w ki g wit SWIFT 16 ye s. I

    my c e t e, Im t e e ec ti e i c ge t e asi p ci c egi ,

    w ic i c es c mme ci cti ity, c st me s t

    ce te s i h g K g i J , mi ist ti e c

    ti s i t e egi . My me is i Sy ey b t my b si ess b se is

    t h g K g. I s e g e my time t e i g t

    y wit i t e egi , b t t e e s we .

    p i t t t, I w ke i t e b ki g i st y 20 ye s, im

    i y i t e e s i te ti t e eig e c ge. a my

    b ki g e e ie ce w s b se i Sy ey, I w s i e i t e

    i st y w e t e a st i m ket e e wit ti g c

    e cy t e g ti g ew b k ice ses. T t w s e citi g

    time t be i e i b ki g i t is c t y, w is s

    e citi g time i m y es ects.

    What are SWIFTs main activities in the AsiaPacifc region?

    ac ss t e asi p ci c m ket, m i e c s c ti es

    t be i m ket i st ct e t e ig e w e y

    me ts systems, w et e e te by ce t b ks, aChs t g

    i ect m e s i a st i new Ze .

    We see t ee ge e sit ti s.l

    Fi st y, t e e e c t ies t t t yet e key i st ct e i t ei ci m kets, s c s ig e yme ts c e i g

    ce t sec ities e sit ies. o c s e e is t e t e key

    ye s e st w t ey be e t m i g t t i st ct e

    i ce i t ei c t y.l Sec , t e e e c t ies w ic e ig e w

    e yme ts systems, b t e t te t e se SWIFT.

    he e, we t y t e e e t e st t e e siti

    SWIFT. T e e be e t is t t e e se s, w ic e t e

    sec ities ses. Bec se t ey e e y c st me s

    t ei c ss b e t s cti s, t e bi ity t e se t

    st ct e t se g b st s e y es b i g

    t t c st w e s i . SWIFT b i gs w t ei e ti

    im es t ei e cie cy e ces isk i t e b ck ce,

    t e e e me s t ges t c t ies t t m e t ei

    st ct e t SWIFT.l Fi y, t e e e c t ies t t e t e i st ct

    si g SWIFT.

    It b b y seems i y b i s b t t e es t

    i C i I i , t j st m t e e s ecti e m ke

    st ct e, b t j st bec se t e s ee size t e g wt i

    mi e c ss. F e m e, C i s w bec me t e ge

    m bi e m ct e i t e w , s ssi g t e u.S. We

    t e t b si ess, b t t ts i ic ti w ts e i g

    s s e i g we is c ce e , e e wi be b yi g

    ci cts s t ey e is s b e i c mes t s .

    g i g t w t g i t t e ci sect , i t SWIF

    How does SWIFT help organizations to capitalizeon this growth?

    F b ks c mi g i t t e egi , we s t t ei b si es

    e i g t em t e ce t ei e ti c sts s t ey e

    ife e t m kets. I t ey e b e t t se SWIFT i

    m ket wit t i g t t i iet y s ti s, it kee

    c sts w . By t e s me t ke , we e g t t ec g ize t t m

    c st me s e i ige s b ks s we , e i gg wi g t ei b si ess i t ei ti m kets is s im

    e e t t we s e. Its b t i i g e e y

    t ci i stit ti s, w ic c se t e s me sec e,

    st ize etw k wit t e s me st s w ic gi e t

    g b i te e bi ity.

    We s e st g fe i g c tes. as t e

    J e, t b t 470 c tes t t e j i e g b

    Contents< >

    12

    i n t e r v i e w

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    e si g SWIFT t c mm ic te wit s me 900 b ks i e 100

    c t ies, we e g t b t 55 c tes i asi p ci c sig e

    t se SWIFT C tes. T ts b t t e weig t t t we w

    e ect c si e i g t e e SWIFT t c i t e egi .

    I iti y, t e m i i e ti SWIFT C tes w s

    t e c e ti s e se ice ce te s t e s y isk m

    geme t. h we e , e t e st 12 m t s, t e m i c s s

    s i te t iq i ity. Wit ci m kets s tig t, c tes e

    g t t m ke s e t t t ey k w w e e e e y is t e

    t t e m ey t se. W et e its m ti ti wit m ti e

    b ki g e ti s i s e e c m y wit si g e b k e

    ti g c ss m ti e c t ies, c te t e s e s e ki g t

    get g e te isibi ity i t t ei c s . T e ci s y c i s

    bec me e y im t t t t se g iz ti s, t ts w e e

    SWIFT e s, by i i g st ize ccess t ci i stit

    ti s c ss b e s.

    How can people learn more about SWIFTsactivities in the region?

    We e bee i g B si ess F ms i s m y s 10

    c ti s. B si ess F ms e e tw y e e ts w e e

    c st me s e t e t ity t gi e ese t ti s b t w

    c st me s e im cte by m ket iss es eit e t t e ti ,

    egi e e g b e e . o e 470 e e tte e ece t

    B si ess F m i J , i c i g CEo. We t e e

    i I i i n embe .

    p s, its s i g t be e y g Sib s. We e g t e ies

    e c y wit e ce e t s e ke s i e . T is ye we e

    se e ife e t sessi s c si g asi asi t eme t ics,

    w ic is t e gest we e e e . n twit st i g ec mic

    ci c mst ces, we e t ck t i g e y we tte e

    s ccess Sib s. n

    Ian Johnston, Chie Executive Asia Pacifc, SWIFT

    1313

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    TCS esses be e ts i ti c ss cti e sBy I pitt, he rese c , de e me t Tec gy, TCS Fi ci S ti s

    With more tha 20 years ithe tech ology i dustry at

    both startup compa ies a d

    established orga izatio s, Ia

    Pitt joi ed TCS Fi a cial Solutio s i 2007. I itially,

    Ia was primarily ocused o presales, while also

    providi g architectural i put to customers a d

    i ter al e gi eeri g teams. Buildi g upo that

    advisory role, Ia has rece tly bee appoi ted

    as the Head o the Research, Developme t a d

    Tech ology (R&D&T) group withi TCS Fi a cial

    Solutio s. He is based ear Bosto , Massachusetts.

    T e r&d&T g seeks t b i g st s i

    tec gy, t i g c t be

    b s ite TCS B nCS s ti s. Its

    t ity t k c ss mbe g s

    cti s t t e bee se te ti t is

    i t. n w t t t ese g s e ig e e

    si g e b e wit i TCS Fi ci S ti s,we c st t t i t ce ew c es

    tec gies t be e t c st me s.

    T ci it te t is, t e r&d&T g c e s

    mbe cti e s t t c e s bi ity,

    e m ce ce m e i e

    c itect e. at ig e e , t ese e:

    ThE CEnTEr For uSaBIlITYExCEllEnCE (CuE)CuEs e is t i e g i ce s bi ity

    esig t m ke s e t t e e y TCS B nCSic ti e tes b t efecti e y i i

    E g is , e sy t se e cie t y, wit b

    cti c bi ities. T e s bi ity te m m kes

    s e t t TCS B nCS ic ti s e m ti e

    e s ities s t t t ey e e sy t e wit t

    imiti g t e bi ity we se s t e m

    c m e t sks.

    at e ic te ci ity i B ge te m e e w e s eci i

    s bi ity. as we s esig i g ic

    k ee , t ey c eck s

    by m it i g se s i te cti s w

    ic ti s, i c i g t ei ci e

    eye m eme ts e b ee b ck. T

    gi es s g iew i t w s ccess

    t e c e t esig s e, ws

    m ke e cti e c ges t t e sc ee s

    w k ws. I iti , we c m ke

    c ges t ew ic ti s by i cee b ck i t t e esig st ge. T e be e

    e e e t t t e TCS ic ti s we

    e i g c e t cti ity

    t e e time t t s ct w k wit i

    system. T e et es t is t t c st m

    get t m e wit t e s me te m sizes si

    ic ti s.

    MaxIMuM r &d & T

    14

    b r i e f n g

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    pErForManCE plannInG ExpErTISECEnTEr (ppEC)

    T e ppEC e s es t t c st me s c m ke

    t e best se t ei w e e ti g

    system es ces.

    Be e we e e se TCS B nCS ic ti ,

    t e ppEC e ms t e i iti sc e be c m ks,

    w e e we i st t e s tw e e m

    se ies st ess tests t s t c city i g.

    h we e , i m y c ses c st me e yme t

    i es c mbi ti m ti e cts,

    s i t c i g ew TCS B nCS

    ic ti i t cti , m y c st me s

    w t t get se se w t e c mbi tiw e m e .T is is tic y

    im t t s c st me s begi t m e t w

    i teg te systems i ste i t s ti s.

    F si ic ti s t t be e simi y y

    i st ti , its e ti e y sim e t se ss m ti s

    e t ti be c m ki g. B t w e

    y st t b i i g c m e s ti s si g

    m ti e ic ti s e isti g eg cy systems,

    s ge es bec me e y ife e t betwee

    c st me s. T e ppEC b i s m e s w

    TCS B

    nCS ic ti s be e, s t t wec w t i sce i i g cti e

    m e i g. T is s te s t e time it t kes t get

    ic ti t g t e be c m ki g st ge

    i t c st me s e i me t.

    advanCEd ModEl-drIvEn ToolInG T e ct ce t ic e t e r&d&T G

    is c se t e e t ge e ti m e

    i e t i g t t e i s m y t e TCS FS

    cts t y. K w s M ste c t, t e s ite

    i es ic ti ge e ti e i me tt t i y c e tes b si ess cti ity m

    c siste t e iti s t e eq i eme ts.

    Bec se t e s ite m i t i s i m ti b t

    b si ess eq i eme ts, it i es c m ete

    iew cti ity t times, ci it ti g ig

    e e s e se w ic is it im t ce i

    t ys m e c itect es ic ti s.

    Wit s m c e i g i t e

    b si ess tec ic w s,

    its it t t TCS FS m kes

    best se its es ces,

    t e s e t t we c m ke best se t e

    w k e i g wit TCS s w e, t e r&d&T

    g ys e i t e C te Tec gy

    B CTB .

    T e CTB e tes e t e e e s i

    K. a t K is , C ie Tec gy o ice

    TCS, is me m i i i s c ss

    TCS s we s e te i st y e e ts.

    T e e t e CTB is t e iew c e t

    t e g ms wit i t e c m y, e m

    s eci jects t t e i ect im ct t e c m y ct s s i g b

    membe s. It se es t m ke TCS sm e

    ce by bei g b e t see w ts e i g

    c ss t e c m y. T m y ge

    c m ies s e m i g isc ete, i e

    ckets cti ity es ti g i ic te

    e t c te ti , t e CTB is esig e

    t e e t t is m e i g t TCS.

    CoMBInInG rESEarCh WITh rEalITY

    I iti t t ese t sks, t e r&d&T gc ti es t m it t e e sibi ity ew

    tec gies i ci se ices i stit ti s.

    T e m ket is w s wit i e s ew

    c es s c s c c m ti g, m e

    i e e e me t, se ices ie te

    c itect e Web 2.0, m g t e s,

    w i e m c s bee w itte b t e c

    e t em, t e e is sti sig i ic t b z

    i te et ti g i g i t e m ket

    I m y c ses, we e y w k wit t

    tec gies t e s e t t t ei be e its

    c st me s e e st i

    w e e i te. T is gm tic

    tec gies ws TCS c st me

    e i e g e t b si ess be e it m

    ic ti s w i e k wi g t t t e m

    i te e t es tec iq es

    e i i g t e s ti s.

    l ki g w t t e e t w e, t

    tec gies e bee t ke b t w i e e ge i g b e

    w. T ese i c e se e i g sys

    i te ige t ge ts c st me ssist

    t e sem tic Web .k. . Web 3.0. T e

    tec gies c e b ks s e c sts

    e b e e s i sc bi ity cti

    a t g t ese t ics m y e

    e eme t t e m me t, t ey e

    m t i g t e e e bec mi g tt cti

    c st me s.

    By c mbi i g TCS B

    nCS s ti s wit e ce ese c cc i g c ss

    i e s gi g m c c m ti g

    i t iz ti t cess t m ti , we

    set t e ci i stit ti s s e t

    em i i g IT b gets wise y. at TCS Fi

    S ti s, we e ic ti s t t e

    t , t e tec gy t i e e cie

    efecti e ess, t e k w e ge

    e e tise t g i e g te m st tegy

    g iz ti s sizes b si ess m

    Its b t e s i g t t tec gy ee be e ts t t e b si ess, wi g

    c st me s t c ti e t g w e e i

    times. Wit t ti g tec gy

    tec gys s ke, we c ti e t

    ic ti s t t c s t e b si ess t

    t i t e m st efecti e tim m

    m e . n

    Ian Pitt

    1515

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    l

    st ye , sec ities e s ecei e

    ti c ti se e mi i sc e e

    e e ts, i c i g e te i te est

    yme ts b m t ities. I iti ,t ese i est s we e ese te wit m st

    e mi i c te cti s.T is st tistic m

    dTCC i c es m e t 800,000 m t y

    c te cti s c i g ecisi by

    e i e, b t 200,000 t y

    c te cti s t t t eq i e

    es se.

    E ie i t e ec e, t e t t me

    c te cti s mbe e i t e te s

    t s s e ye . W t e e i t e

    i te e i g ye s t es t i me i c e se t is m g it e? T e swe is tw

    t e w g t sm e , c te cti s

    bec me m e c m e .

    COrPOraTE aCTIONShig e me,

    ig e te ti tI est s em cc te, time y i m ti c e tese e e t ity c ss t s y c iby M m Si g , S ti s he TCS B nCS C te acti s

    i S t o c k

    h o t o

    16

    i n d u s t r y t r e n d s

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    SourCES oF voluMEC te cti s es t m c ges i

    c it st ct e ci siti by

    iss e e c ge iste sec ities. W e e e

    c ti iss es s eci i i e , m kes

    b yb ck fe its w s es, e te s i t

    ci ist ess e ms y mbe

    ssib e c te ce cti ities, e c ty

    i e i t e c i c st y is es sib e

    ssi g t e e e t i m ti w t e

    i e i cc te time y m e . T e est ke e w et e ci i stit ti ,

    sset m ge , ig et w t i i i

    et i c st me s t ecei e t e i m ti

    b t t e c te cti , m ke ecisi

    s t w t es , t e s wit i

    s eci e time c st i ts.

    rece t t e s e m e c te cti s

    m e eq e t, m e c m e m e

    im t t t t e e st ke e .

    G b iz ti s i c e se t e mbe

    sec ities e c ges e ti g t ew , wi g mestic egi ye s

    t ise c it t g t ese ew m ket ces.

    I iti t c i estme t t ities,

    c ss b e t i g s bee t e t

    e ecte es t. I est s w ce m i t i e

    s e y mestic sset t i s w seek ig e

    isk j ste et s t g i e si c ti ,

    iss e s c te t t ese c ss b e i est s

    wit ci i st me ts s ite t t ei st t s.

    n t y e t e e m e c m ies iste

    e c ges t i t e st, b t its s t e c set t g iz ti s wit g b i est s te t

    iss e g e te iety sec ities. I t , t e

    e ge i est s t st y ise m c

    b e ge ci i st me ts m

    c te e tities e ti g c ss m ti e

    ge g ies m kets. T ese g b iz ti

    t e s e c t ib te t s st i e i c e se

    i t e me c te cti s.

    o t t t, t e c e it c isis s tc

    t e e c m e ity c te

    I i c t c e it e i me t, c m ies

    b k tcy, i iti te t ke e s, e te

    me ge s cq isiti s, s i f b si es

    e ec te e e se st ck s its e g

    c it est ct i g e e ts t t w

    e bee ecess y i st b e be

    ci c im te.

    F t e m e, i g b w t b ye s m ket c te b cke sec

    Wit sc city c it , iss e s e t c m

    e t ei s e i est s t

    e e s by ife e ti ti g t ei sec it

    F e m e, i ste fe i g i

    b t t w e bee s cie t t

    c it i g t e 1990s, iss e t y

    seek t tt ct c it by c e ti g ife

    i st me ts wit i s c cte i

    e i g t i est s ce t i size, c

    mici e, t sit ti . C seq ec it st ct e e e t t t ce eq i

    si g e c te cti m y w c

    c te cti s ig e c m e ity.

    C i g wit ig e mes ig

    c m e ity s t bee e sy t e

    se ices i st y. E e s mes

    i c e se , i est s i t e c e t m ket e

    i c e se t s e cy st i ge t

    q ity, e s w mi im t e

    e i e cie cy. F ci i sti

    cessi g e e t, t e e ty ibe s bst ti . I i est es t e

    time y, cc te ti c ti e e t

    c te cti s cess m y e t

    s bst ti s m t c e y sses w

    e i s w y c te cti s em i s i

    t e ge ci i stit ti s es it

    g b ecessi .

    Recent trends have madecorporate actions more frequent,

    more complex and moreimportant to the end stakeholder.

    1717

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    rESpondInG WITh auToMaTIono g iz ti s es sib e cessi g

    c te cti s e c me e i te se

    ess e t e imi te m cesses

    s ces e e e e i c e se

    w k . I swe i g t is c e ge, t e m i

    e t e sec ities i st y esi es i t ee

    e ef ts t t mise t im e t e e e

    t m ti i t e c te cti s i ecyc e,

    e i g t ig e cc cy ste es se

    time st ke e s.

    Fi st, sec ities iss e s c t st s

    b se t m ts t e s e t e c ect ess c te cti s t m t e s ce. Ef ts

    s c s t e xBrl i iti ti e e st te t g i

    ti i s me c t ies, w ic wi e t

    e s e t t t e i te t t e iss e is e ecte

    i t e i m ti i e t i est s. a s ,

    SWIFT s i este i ig i g t e i e

    c mm ity wit t e ef ts t e i te ti

    Sec ities M ket p ctice G SMpG c ss

    m j m kets. T e i st y s t ke sig i c t

    ste s t m e t unIFI ISo 20022 st s,

    wit g wi g c m i ce t SMpG g i e i es

    t ei ti c te ts.

    Sec , ms c c t e t e i c e se

    c m e ity c te cti s si g s ti s

    esig e t meet t e c e ge. I c te

    cti s system cks t e eq isite e e

    c m e ity, i e t s t c ey

    c m e i m ti si g st ct e te t

    e s, it bec mes m e ike y t t t wi be

    misi te ete i t sit t t e et ime t st ke e s. as e m e, st ye i t e

    a st i m ket iss e ce b yb ck

    e e t t t i e 54 se te ti s.

    T i , i est s e t be gi e t e m im m

    es se time c te e e t, wit

    ecisi s b se cc te i m ti

    i m ti e e ts. G b ms s e t

    be i e wit t s ite t t ei w

    e ti s, se i g m ti e e tities c

    ge g ic b ies, wit i m t

    m ti e g ges. acc i g y, tic

    c ss t e c te cti s y c

    m st mi imize e y i e t e mit tim

    es ses by st ke e s.

    ThE TCS B nCS advanTaGE T e C te acti s s ti m TCS B

    i teg te ct s ite ci se

    i es m ket e i g t ges c

    t ee t ese ef ts. TCS B nCS i c es Se ice I teg

    m e, w ic ci it tes i te ige t i teg

    wit m ket i te ces. W et e t e s

    t c mes m E ce s e s eet

    e ee s c s Te ek s, B mbe g

    TCS B nCS c t m tic y ec ci e

    i s ee s, se ect t e best s ces

    T e i c e sei me

    c m e ity c te

    cti s c e test ities ci

    i stit ti s.

    18

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    ge e te c m site s s t t e best

    ssib e i m ti i b e t gi e time.

    T e s ti e ms e e e sc bbi g,

    gi i g ms t e t ity t ick t e best

    t e best t .

    Wit t is i m ti , TCS B nCS

    t m tic y ge e tes t e m st i te

    i m ti st ke e s, issemi te

    t g c e s t e c st me s c si g.

    T g c m e e si e e ts ec sts

    i b e i m ti e g ges, TCS B nCS

    s ts t e g b t i t t e gest

    m tie tity g iz ti s, s we s t e ee s

    ms e ti g c ss sm e ge g ic e s.

    F t e m e, TCS B nCS is y c e s t

    wit SWIFT ISo 15022 st s. Wit

    e t eme y e ib e t st ct e, TCS B nCS

    c e si y t t t e m i c ti s

    te ti s i t ese i st y ef ts, e b i g

    ci i stit ti s t t ke i t ge

    i st y best ctices s t ey e e.

    I t e st, c te cti s cessi g

    w s c sig e t t e e ti s e tme t.

    n w, it s bec me st tegic i iti ti e

    eme gi g s ce e e e. T e i c e se

    i c te cti s me c m e ity

    e s t e t ity ci i stit ti s

    t ife e ti te t emse es m t se

    c m etit s t e by m cesses

    i e ib e systems. T se t t c e i e

    cc te cti b e i m ti

    time y b sis st t g i sig i c t t ge.Fi ci i stit ti s t t fe i est s

    s e i cessi g c bi ities s

    ice e te t c te cti s wi

    t emse es i siti t tt ct ew b si ess

    et i e isti g c st me s, e i g t ei

    iz s t ew t ities b t t me

    b . n

    TCS B NCS Announces Insurance Release 6.0

    Fast time to market drives rapid uptakeamo g Li e a d P&C i surers

    Fi st e e se i 2001, t e I s ce s ti m TCS B nCS w s ts 25 c ie ts i

    18 c t ies, wit i st ti s i t e u ite St tes, I i , B i , S i a bi , h

    se e t e c t ies. a ti s bee g i i g ste m, s im essi e twe

    t ese i s e s e ice se t e system si ce 2007. T e I s ce s ti s ts w

    ge i s ce cts i t e p&C, I i i li e, G li e, W ke s c m e

    rei s ce m i s.

    I ee , t e cti y ic TCS B nCS fe i gs w c st me s t e t ei

    b si esses em , i i g s e i s ee t m ket. F e m e, e c st m t e I s ce s ti ece t y e e i t ew i e b si ess, w i e

    e e its ge g ic e c c ss b e . d e t t e e ib e t e t e TCS B nCS

    s ti , c st me s c be ss e t t t ei systems c g w sc e g wit t

    b si esses.

    T e test e si t e I s ce s ti , e si 6.0, wi be e e

    Se tembe 2009. T e e e se wi i c e iti b si ess cesses

    mi ist ti c ims m geme t, c i s ce cessi g itig

    m geme t, wit e ceme ts i s i g g wit me

    m geme t ytic e ts. T e e e se s i c es t e iti

    ew ct tem tes, i c i g s t i bi ity, isk e ty, e

    i b e ity i s ce cts. I iti , t e e e se g e TCS B nCS Soa mew k, wit e ce b si ess es m geme t c bi i

    st e gt e e web sec ity e t es m e.

    T e Co po te actions sol tion om TCS B NCS s ecently been cc edited it

    t e SwI T re dy d o 2009. T e SwI T re dy cc edit tion is ded to ind st yle ding pplic tions t t comply it set o c ite i linked to t e s ppo t o SwI T

    mess ges, mess ging, connectivity nd SwI T nction lity. T e Co po te actions

    sol tion s on t is d o t e o t consec tive ye . SwI T re dy cc edit tion

    o TCS B NCS p od cts in t e Co po te actions en demonst tes o ongoing

    cont ib tion to t e ind st y. T e te m t TCS is committed to developing o ld-cl ss

    sol tions o t e beneft o fn nci l instit tions o ld ide.

    19

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    CauTIOuS OPTIMISMBa kers ope to ew ideas i search o customer trust a d stability Debo Bi n cci, p esi e t & CEo BaI, s ke t TCS B nCS b t b ke s e cti t t e ec mic c it t e st ye , w t e et i b ki g b si ess s bee ti g t c gi g c iti s i t e i

    lEadErS WanTEdF ci g t ese c e ges, e ec ti es e t i

    b t w t it t kes t e i t ese ce t

    times. Its im t t t t y we t e

    st m, b t s t c me t it wit st

    c m etiti e siti .

    W i e t e e e bs te y t se b ks

    wi ke w w it ti ec

    c iti s im e, t e e e t e i stit t

    t t see t is s m zi g t ity t c e

    c m etiti e t ge. T e m e g es

    b ks e si g m geme t i m

    systems ecisi m e s t im e t

    c e ce i cti s t ey m y t ke, t ey

    m i g w wit c mbi ti s

    isk m geme t gg essi e st te

    i iti ti es. F t se w e bee

    b ck i w it see m e, t e es

    em st tegic i estme ts,

    tici te t t i 2010 we see b ks gett

    m e se i s b t m ki g t se i estme t

    T ese i estme t i e s e i c e si

    ike y t c me m tsi e t e u.S. F

    g time, b ke s i t e u.S. i t y m

    tte ti ess it e e e e. o e

    st ew ye s, we e see e se c

    i t e e e i te est t t b k e ec

    i t e u.S. e b t w ts g i g

    20

    T e es c ti s timism t t e st e w st is e . Ec mists ee icti g t t t e ecessi wi et is q te t t we wi be t t

    m e st b e b si ess e i me t, wit

    ck w e geme t t t its g i g t t ke g

    time t get b ck t m . B t t e st time

    si ce t e c isis beg , Im st ti g t see

    e eme t timism c ti s s it m y be.

    Wit s m y t i gs i , it bec me

    e y i c t t e e e i g t e b ks

    t e wit t e im ct t e ec mic

    e i me t t e ecisi m ki g cess.

    Bec se it w s c e w t b ks w be

    b e t , m y ecisi s we e ze i time

    m b yi g c e b ki g tec gy t m ki g

    st tegic ecisi s b c e si . B ke s

    e w s me e e ie ce i t e c e t

    e i me t e c me wit m e

    e y w y t m ge t ei b si esses, w ic

    me s t e e is t s m c ce t i ty b t

    c i g im t t ecisi s.

    n w, b ks e ki g w t yi g t

    ete mi e w t t ey c t t ke t ge

    st ge ec mic c iti s g i , wit

    c ti s timism. a t ey e e y w e

    t e im t ce eb i i g c st me t st

    c e ce i t e b ks.

    TruST vIa rElaTIonShIpS T eg i t st, t e e sit si e t e et i

    b ki g b si ess is c itic , bec se its s c g e t

    t ity t ceme t c st me e ti s i s.

    T e e sit e ti s i i es w c s me s

    iew t ei im y ci i stit ti , it

    c be i ect y tie t b ks bi ity t et i

    tim te y e t e b e c st me

    e ti s i . de sit g wt s w ys bee

    ge i ity b ks, b t w its j st ife e t

    y mic bec se w ts e i g i t e

    ec mic e i me t. l st , c ce s b t

    b k st bi ity e c s me s t i e si y t ei

    b k e ti s i s by s e i g e sits c ss

    m ti e i stit ti s. T e be e ci ies i c e

    c mm ity b ks s we s ge b ks iewe

    s s e st b e. F t e eci ie ts e sit

    i , t e q esti bec mes, h w y et i

    t se c st me s ce t i gs g b ck t m ?

    B k e ec ti es e s e y w e

    eg t y e m t e c ges

    ess es t t w ys g g wit it. Wit

    t e c ges mi g i t e w y t t e t

    ees i s cie t s e c c te , b ks

    w e t g e t w t ey c ge e te

    ee i c me t s t t e ee c ecki g

    e i me t t t c st me s e g w t

    e ect. T e es t e g me e c gi g.

    p r e v i e w

    BAI, based in Chicago, sponsors fnancial services industry con erences,publishes research and other editorial content and provides learning and development opportunities or industry pro essionals.

    TCS BNCS will be sponsoring and exhibiting at the BAI Retail Delivery Con erence and Expo ,to be held in Boston, Mass. on November 3-5. Register at www.bai.org/retaildelivery/

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    2121

    t e egi s t e w , ce t i y

    ice e s . B ke s e e e e m c

    g e te eci ti t e e ki g t

    b si ess m e s t e w .

    We e s i te t e c te t t e BaI ret i

    de i e y C e e ce t m tc t is g wi g

    i te est. T e c e e ce s tt cte tte ees

    m tsi e t e u.S. ye s, b t ti 2006

    t e c te t w s m st e ti e y u.S. ce t ic.

    l st ye , b t 40 e ce t t e c te t w s

    e te t et i ci se ices tsi e t e

    u.S., t is ye s i e is c m b e. T e

    bi ity e e t c ect wit et i b ke s

    m t e w is ge t t e

    e siti t e c e e ce, its

    e y ig i ity s. n

    Con erence keynotes include Ram Charan , speaking on the elements o leadership in a time o economic uncertainty; GEs ormer chairman Jack Welch on customer value; TD Banks Bharat Masrani and

    U.S. BancorpsRichard K. Davison redefning the value proposition o fnancial services;and ormer vice president Al Goreon the concepts o change, adaptability and sustainability.

    T e es t e

    g me ec gi g.

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    T e te m m TCS s ece t y im eme te t e C e B ki g s ti m TCS B nCS t B&n B k. T e st

    B&n B k et i b c t g i e is siti e i K s , c te wit i t e K s ski K i egi i r ssi .

    By im eme ti g t e C e B ki g s ti , B&n B k wi c ie e im e e ti e cie cy we

    t t c st w e s i . d e t TCS B

    nCS ce c itect e k w e ge b e te m e i e y e e ts,t e g s ccess y e i e e t e st st ge t e im eme t ti ject i time y m e .

    T ce eb te t is im eme t ti B&n B k e m G li e ce em y wit TCS, o c e, IBM, di s t

    l IT t t e M i tt G h te i M sc w. T is e e t w s tte e by e 50 e eg tes e ese ti g

    c b ks, e s t e me i .

    p t , t : anton M ikis ev , he u i te te B si ess h sti g, IBM;Colin S o d , C t y he a st i , TCS Fi ci S ti s;ale ey Kol b ov , Se i vice p esi e t, B&n B k. p t , ce te :Se gey Go s enko, Fi st vicep esi e t, B&n B k. p t , b tt m:ale ey Kol b ov .

    e v e n t s

    22

    TCS atte sAMEDA LEADERSHIP FORUMi Egy t Discussio ocused o reshapi gbusi ess model or depositoriesF m g st i g e ti s i s wit ci i stit ti s i t e

    Mi e E st a ic , TCS w s i ite t t e aMEda le e s i F m,

    t ee y e e t e i a i i a e i , Egy t.

    h ste by t e a ic & Mi e E st de sit ies ass ci ti aMEda ,

    t g iz ti c m isi g ce t sec ities e sit ies

    c e i g ses i t e egi , t e aMEda le e s i F m i e t m membe s t

    e c ge i m ti e e ie ces tec ic , ec mic , ci , eg eg t y is

    s es. Wit TCS s s eci i itee t e y e t t e c e e ce, r vi ek , G b he

    M ket I st ct e t TCS, w s i ite t s e k se e e s.Wit e 150 tte ees m Egy t, M cc , S t a ic , nige i m st ti s i t e

    Mi e E st, t e aMEda le e s i F m s bec me key etw ki g m t e egi s

    ci se ices i st y. I tte ce we e e ese t ti es m d b i Fi ci M ket, MCdr,

    STraTE, T w K w it C e i g C m y m g t e s. p mi e t tte ees i c e Ms.

    M ic Si ge , CEo St te S t a ic ; M me ab e S m, C i m MCdr Egy t ; M . T m s Ki e ,

    CEo li ku M kets; Ms. F t i Be is, CEo M c e ; Te ti s ve me e , Coo C m te s e Sa pty lim

    ite S t a ic ; r my B gi, he C st y t S cit G e Sec ities Se ices.

    TCS B NCS atB&N Bank Go Live eventRussia ba k marks rst stage o impleme tatio o Core Ba ki g solutio at retail bra ch

    F m e t:Mo medabdel S l m , C im , MCdr, Egy t;rVivek n nd, G b

    M ket I st c TCS; Te ti s Ve me leCoo, C m te s eSa pty limite ;r myBo gi, he C stS ciete Ge e e Secties Se ice

    ab e, m e t: T l lal G nim, K itCle ing Comp ny;Mo med abdel S lr Vivek n nd

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    T t C s t cy Se ices ceJ y t t its c ie t I i B k, b k w e by t e G e me t Is bee se ecte s M e B k t ei

    b ki g m e iz ti g m by Ce e

    ese c is y m.

    Ce e ts M e B k ese c w s esig

    t y t swe e t y sim e q esti :

    w it k ike b k t e e yt i

    wit t ys tec gy?

    I i B k s bee se i g c st m

    m e t ce t y is see s

    e i s eci ize b ki g s we

    e e me t. By e yi g TCS B nCS c

    1,647 b c es, I i B k s e e gi ee

    IT i st ct e t fe e y t i e

    its c te et i c st me s.

    S e ki g t e cc si , M.S. S

    r j , C i m & Md I i B k s i

    missi is t t ke b ki g tec gy t t

    c mm m we e e ig te t ece

    t is ck w e geme t t t ei ces t e s

    T be be c m ke m g t e est, g

    i stit ti s t e w c y s

    t t e eig ts. I m st s c mme

    Fi ci S ti s t ei st g c mm

    t b k s we t get e se c i

    w ys t e e e b ki g i t is egi

    I i B k is c ssic e m e

    e ggi g t t is e i g t g t

    s i B t n te , Se i vice p esi e t, B

    G , Ce e t. Bec se I i B k s e

    sc e t ei eg cy systems, t e b k is

    t j m t st te t e t i st ct

    i c e se b ck ce IT e cie cy

    b e ct fe i g.

    C mme ti g t e cc e ecei

    by I i B k, n. G t y S b m

    p esi e t TCS Fi ci S ti s, s i :

    bee j y t wit ess st w

    i stit ti ike I i B k s esse ct se e t ei c st me s. T ei isi

    c mmitme t t t e m e iz ti g

    me its t is w , we e y g t

    s t e by e i e i g ce t i ty t

    t is t s m ti g m. T is is t e se

    ye i w t t TCS B nCS c st me

    bee cite i t e Ce e t M e B k re t.

    I i B k se ecte s MODEL BANK by CelentCore ba ki g moder izatio pro led as a casestudy o efective tech ology usage i ba ki g

    2323

    1. Indian Bank ecei es M e B k w m Ce e t i t e e i st ct e c itect e;2. M.S.Sundara Rajan , C i m M gi g di ect , I i B k;3. M.S. Sundara Rajan ecei es c g tt y b q et;4. M.S. Sundara Rajan wit tte ees; 5. N. Ganapathy Subramaniam m TCS B nCS, M.S.Sundara Rajan m I i B k, Bart Narter m Ce e t.

    1 2

    3 4

    5

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    BNP Paribas Securities Services (BNP Paribas) is the leading European provider of securities services forfund managers, nancial institutions and businesses. To keep pace with the ever-changing sector, BNPParibas required real-time information on corporate actions. It needed a solution that would facilitate themanagement of all kinds of corporate events and, moreover, automate reporting of the same. TataConsultancy Services (TCS) implemented the Corporate Actions Solution from TCS B NCS, an integratedproduct suite for nancial services, to consolidate the global and local custody operations onto a single ITplatform. As one of the worlds fastest growing technology and business solutions providers, TCS enableda high degree of standardization to upgrade business processes to support higher volumes, and facilitatethe processing of 150,000 corporate action events in a year. Pushing STP further with accurate clientreporting and to scale up the business. And of course, enabling BNP Paribas to experience certainty.