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Tata Consultancy Services (TCS) has entered into a strategic alliance with Mongolia's Khan Bank to help modernize its core digital banking platform and transform its banking operations. Leveraging the flagship TCS BaNCS? Global Banking Platform (GBP), Khan Bank is set to embark on a digital transformation program to streamline processes, improve efficiency, and enhance customer experience.

Khan Bank is a leading Mongolian national commercial bank with 548 branches spanning the country. It provides comprehensive banking and financial services to over 82 percent of Mongolia's total population (2.9 million customers). Khan Bank has been an existing customer for TCS' BaNCS platform for close to 25 years. Building on this long-standing partnership, the TCS BaNCS Global Banking Platform will help the Bank streamline and modernize several critical business functions, including the Customer Information File (CIF), trade finance, treasury, international payments, and loans and deposits. The TCS BaNCS product suite will be deployed across Khan Bank's operations including a consolidated treasury management platform supporting the wide range of asset classes offered by the bank, alongside real-time monitoring, risk exposure analysis, and advanced reporting capabilities.

TCS BaNCS, an innovative and adaptive digital-first core banking solution, which has proven to support several leading global banks, will help Khan Bank enhance its digital portfolio, reduce time to market, and streamline operations. The solution will help accelerate time-to-market for new products and services allowing Khan Bank to fast-track response to customer demands and roll out new innovative offerings. TCS will help the bank in scaling its digital banking operations, in turn ensuring that the bank's services seamlessly reach a wider customer base contributing to its pure digital bank strategy.

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Incorporated in Oman in 1989, Dhofar Insurance Company (DIC) is the largest insurance enterprise in Oman. It has a market share of over 18% in the general insurance space in the region.

As a part of the collaboration, TCS will accelerate DIC?s digital transformation journey, by setting up a modern insurance platform with next-gen technologies and improve customer and advisor experience across its key business offerings including life, medical, general and motor insurance.

TCS will help DIC harmonize several existing product lines and drive business agility while rolling out new products.

R Vivekanand, president, BFSI Products & Platforms, TCS, said: ?We are delighted to partner with Dhofar Insurance Company on the modernization journey of their insurance platform, and further expand our presence in the region.

We are confident that Dhofar Insurance Company will be able to achieve breakthroughs in productivity, elevate customer and advisor experience with the Next-gen TCS BaNCS; and in the process accelerate business outcomes.?

TCS has a presence of over 20 years in Oman and is working with leading companies in the field of telecom, securities and some of the biggest banks and financial institutions in the country. TCS also opened its first office in Oman earlier this year, echoing TCS' commitment to driving digital transformation and supporting the economic and social development goals outlined in Vision Oman 2040.

Tata Consultancy Services (TCS) is a digital transformation and technology partner of choice for industry-leading organizations worldwide.

On a consolidated basis, TCS reported a 1.26% decline in net profit to Rs 12,224 crore while revenue from operations rose 0.79% to Rs 64,479 crore in Q4 March 2025 over Q3 December 2024.

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Tata Consultancy Services (TCS) has partnered with Dhofar Insurance Company (DIC), the largest insurance enterprise in Oman. DIC will implement TCS' flagship offering, TCS BaNCS? for Insurance, as part of its long-term growth and transformation program.

Incorporated in Oman in 1989, Dhofar Insurance Company has a market share of over 18% in the general insurance space in the region. As a part of the collaboration, TCS will accelerate DIC's digital transformation journey, by setting up a modern insurance platform with next-gen technologies and improve customer and advisor experience across its key business offerings including life, medical, general and motor insurance. TCS will help DIC harmonize several existing product lines and drive business agility while rolling out new products.

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Incorporated in Oman in 1989, Dhofar Insurance Company (DIC) is the largest insurance enterprise in Oman. It has a market share of over 18% in the general insurance space in the region.

As a part of the collaboration, TCS will accelerate DIC?s digital transformation journey, by setting up a modern insurance platform with next-gen technologies and improve customer and advisor experience across its key business offerings including life, medical, general and motor insurance.

TCS will help DIC harmonize several existing product lines and drive business agility while rolling out new products.

R Vivekanand, president, BFSI Products & Platforms, TCS, said: ?We are delighted to partner with Dhofar Insurance Company on the modernization journey of their insurance platform, and further expand our presence in the region.

We are confident that Dhofar Insurance Company will be able to achieve breakthroughs in productivity, elevate customer and advisor experience with the Next-gen TCS BaNCS; and in the process accelerate business outcomes.?

TCS has a presence of over 20 years in Oman and is working with leading companies in the field of telecom, securities and some of the biggest banks and financial institutions in the country. TCS also opened its first office in Oman earlier this year, echoing TCS' commitment to driving digital transformation and supporting the economic and social development goals outlined in Vision Oman 2040.

Tata Consultancy Services (TCS) is a digital transformation and technology partner of choice for industry-leading organizations worldwide.

On a consolidated basis, TCS reported a 1.26% decline in net profit to Rs 12,224 crore while revenue from operations rose 0.79% to Rs 64,479 crore in Q4 March 2025 over Q3 December 2024.

Powered by Capital Market - Live News

Tata Consultancy Services (TCS) has partnered with Dhofar Insurance Company (DIC), the largest insurance enterprise in Oman. DIC will implement TCS' flagship offering, TCS BaNCS? for Insurance, as part of its long-term growth and transformation program.

Incorporated in Oman in 1989, Dhofar Insurance Company has a market share of over 18% in the general insurance space in the region. As a part of the collaboration, TCS will accelerate DIC's digital transformation journey, by setting up a modern insurance platform with next-gen technologies and improve customer and advisor experience across its key business offerings including life, medical, general and motor insurance. TCS will help DIC harmonize several existing product lines and drive business agility while rolling out new products.

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Tata Consultancy Services (TCS) has partnered with Jazeera Airways, Kuwait's leading low-cost carrier, to drive the next phase of its digital transformation. By leveraging TCS' expertise in agentic AI and platform engineering, Jazeera Airways aims to unlock new revenue streams, enhance its digital channels, and deliver hyper-personalized customer experiences, positioning itself at the forefront of innovation and customer-centric transformation in the aviation sector.

Jazeera Airways serves over 60+ destinations across the Middle East, Central & South Asia as well as Europe. Since its launch in April 2004, as the first privately owned airline in the Middle East, it has grown to serve over 5 million passengers. The engagement with TCS marks the airline's first major IT Transformation initiative.

As it completes 20 years of its operations, Jazeera Airways is embarking on the next phase of its growth by reimagining its digital ecosystem. TCS will lead this transformation by modernizing the airline's website, native mobile applications, and AI-powered conversational chatbot. Leveraging its AI-native approach, TCS will deliver the program end-to-end, bringing its capabilities in product management, user experience design, architecture, agile development, integration, testing, and ongoing enhancements to reimagine how passengers interact with the airline at every stage of their journey.

Powered by Capital Market - Live News

Tata Consultancy Services (TCS) has entered into a strategic alliance with Mongolia's Khan Bank to help modernize its core digital banking platform and transform its banking operations. Leveraging the flagship TCS BaNCS? Global Banking Platform (GBP), Khan Bank is set to embark on a digital transformation program to streamline processes, improve efficiency, and enhance customer experience.

Khan Bank is a leading Mongolian national commercial bank with 548 branches spanning the country. It provides comprehensive banking and financial services to over 82 percent of Mongolia's total population (2.9 million customers). Khan Bank has been an existing customer for TCS' BaNCS platform for close to 25 years. Building on this long-standing partnership, the TCS BaNCS Global Banking Platform will help the Bank streamline and modernize several critical business functions, including the Customer Information File (CIF), trade finance, treasury, international payments, and loans and deposits. The TCS BaNCS product suite will be deployed across Khan Bank's operations including a consolidated treasury management platform supporting the wide range of asset classes offered by the bank, alongside real-time monitoring, risk exposure analysis, and advanced reporting capabilities.

TCS BaNCS, an innovative and adaptive digital-first core banking solution, which has proven to support several leading global banks, will help Khan Bank enhance its digital portfolio, reduce time to market, and streamline operations. The solution will help accelerate time-to-market for new products and services allowing Khan Bank to fast-track response to customer demands and roll out new innovative offerings. TCS will help the bank in scaling its digital banking operations, in turn ensuring that the bank's services seamlessly reach a wider customer base contributing to its pure digital bank strategy.

Powered by Capital Market - Live News

Incorporated in Oman in 1989, Dhofar Insurance Company (DIC) is the largest insurance enterprise in Oman. It has a market share of over 18% in the general insurance space in the region.

As a part of the collaboration, TCS will accelerate DIC?s digital transformation journey, by setting up a modern insurance platform with next-gen technologies and improve customer and advisor experience across its key business offerings including life, medical, general and motor insurance.

TCS will help DIC harmonize several existing product lines and drive business agility while rolling out new products.

R Vivekanand, president, BFSI Products & Platforms, TCS, said: ?We are delighted to partner with Dhofar Insurance Company on the modernization journey of their insurance platform, and further expand our presence in the region.

We are confident that Dhofar Insurance Company will be able to achieve breakthroughs in productivity, elevate customer and advisor experience with the Next-gen TCS BaNCS; and in the process accelerate business outcomes.?

TCS has a presence of over 20 years in Oman and is working with leading companies in the field of telecom, securities and some of the biggest banks and financial institutions in the country. TCS also opened its first office in Oman earlier this year, echoing TCS' commitment to driving digital transformation and supporting the economic and social development goals outlined in Vision Oman 2040.

Tata Consultancy Services (TCS) is a digital transformation and technology partner of choice for industry-leading organizations worldwide.

On a consolidated basis, TCS reported a 1.26% decline in net profit to Rs 12,224 crore while revenue from operations rose 0.79% to Rs 64,479 crore in Q4 March 2025 over Q3 December 2024.

Powered by Capital Market - Live News

Tata Consultancy Services (TCS) has partnered with Dhofar Insurance Company (DIC), the largest insurance enterprise in Oman. DIC will implement TCS' flagship offering, TCS BaNCS? for Insurance, as part of its long-term growth and transformation program.

Incorporated in Oman in 1989, Dhofar Insurance Company has a market share of over 18% in the general insurance space in the region. As a part of the collaboration, TCS will accelerate DIC's digital transformation journey, by setting up a modern insurance platform with next-gen technologies and improve customer and advisor experience across its key business offerings including life, medical, general and motor insurance. TCS will help DIC harmonize several existing product lines and drive business agility while rolling out new products.

Powered by Capital Market - Live News

Incorporated in Oman in 1989, Dhofar Insurance Company (DIC) is the largest insurance enterprise in Oman. It has a market share of over 18% in the general insurance space in the region.

As a part of the collaboration, TCS will accelerate DIC?s digital transformation journey, by setting up a modern insurance platform with next-gen technologies and improve customer and advisor experience across its key business offerings including life, medical, general and motor insurance.

TCS will help DIC harmonize several existing product lines and drive business agility while rolling out new products.

R Vivekanand, president, BFSI Products & Platforms, TCS, said: ?We are delighted to partner with Dhofar Insurance Company on the modernization journey of their insurance platform, and further expand our presence in the region.

We are confident that Dhofar Insurance Company will be able to achieve breakthroughs in productivity, elevate customer and advisor experience with the Next-gen TCS BaNCS; and in the process accelerate business outcomes.?

TCS has a presence of over 20 years in Oman and is working with leading companies in the field of telecom, securities and some of the biggest banks and financial institutions in the country. TCS also opened its first office in Oman earlier this year, echoing TCS' commitment to driving digital transformation and supporting the economic and social development goals outlined in Vision Oman 2040.

Tata Consultancy Services (TCS) is a digital transformation and technology partner of choice for industry-leading organizations worldwide.

On a consolidated basis, TCS reported a 1.26% decline in net profit to Rs 12,224 crore while revenue from operations rose 0.79% to Rs 64,479 crore in Q4 March 2025 over Q3 December 2024.

Powered by Capital Market - Live News

Tata Consultancy Services (TCS) has partnered with Dhofar Insurance Company (DIC), the largest insurance enterprise in Oman. DIC will implement TCS' flagship offering, TCS BaNCS? for Insurance, as part of its long-term growth and transformation program.

Incorporated in Oman in 1989, Dhofar Insurance Company has a market share of over 18% in the general insurance space in the region. As a part of the collaboration, TCS will accelerate DIC's digital transformation journey, by setting up a modern insurance platform with next-gen technologies and improve customer and advisor experience across its key business offerings including life, medical, general and motor insurance. TCS will help DIC harmonize several existing product lines and drive business agility while rolling out new products.

Powered by Capital Market - Live News

Tata Consultancy Services (TCS) has partnered with Jazeera Airways, Kuwait's leading low-cost carrier, to drive the next phase of its digital transformation. By leveraging TCS' expertise in agentic AI and platform engineering, Jazeera Airways aims to unlock new revenue streams, enhance its digital channels, and deliver hyper-personalized customer experiences, positioning itself at the forefront of innovation and customer-centric transformation in the aviation sector.

Jazeera Airways serves over 60+ destinations across the Middle East, Central & South Asia as well as Europe. Since its launch in April 2004, as the first privately owned airline in the Middle East, it has grown to serve over 5 million passengers. The engagement with TCS marks the airline's first major IT Transformation initiative.

As it completes 20 years of its operations, Jazeera Airways is embarking on the next phase of its growth by reimagining its digital ecosystem. TCS will lead this transformation by modernizing the airline's website, native mobile applications, and AI-powered conversational chatbot. Leveraging its AI-native approach, TCS will deliver the program end-to-end, bringing its capabilities in product management, user experience design, architecture, agile development, integration, testing, and ongoing enhancements to reimagine how passengers interact with the airline at every stage of their journey.

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