Shanghai Bank selects Tata's banking solution

Shanghai Rural Commercial Bank tapped Tata Consulting Services' core banking solution, Bancs.

The bank wants to achieve competitive advantage by introducing new products and manage transformation, and TCS Bancs scalable core banking system was chosen due to its due to its advanced open architecture and ability to reduce cost of ownership. The solution will assist us in enhancing new product development, improve customer service and market competitiveness, Shanghai Bank chief information officer Zhou Hengchang said in a statement.

According to TCS China head Zhu Bin, as China's retail banking market is experiencing exceptional growth, Shanghai Bank requires a trusted solution for quick implementation.