Westpac selects TCS BaNCS Insurance to drive growth in New Zealand

Tata Consultancy Services (TCS) announced that Westpac
Life (Westpac) has selected TCS BaNCS Insurance to assist the financial
institution to upgrade and transform its Life Insurance software


After an extensive evaluation process, we selected
TCS BaNCS Insurance solution due to its flexibility, ease of configuration and
strategic technical fit with our Insurance related business requirements,” said
Kevin Crowley, head of Insurance, Westpac


The transformation program will enable the Insurance
business to respond rapidly to changing market conditions as well as offer
improved levels of service to Westpac’s customers.


We are delighted to be working with Westpac to
introduce new and exciting insurance products in New Zealand. The innovative
platform will provide Westpac the ability to define, configure and launch new
products in a swift and efficient style. Our experienced delivery team is
looking forward to activating another successful TCS BaNCS implementation,”
said Pradipta Pandit, product head, TCS Financial Solutions.


We are very pleased to be partnering with
Westpac’s Insurance division in New Zealand and see this as a strategic
expansion of our growing relationship with Westpac, both in New Zealand and in
Australia” stated Deborah Hadwen, Chief Executive Officer,
Tata Consultancy Services, Australia
and New Zealand.


Recently,Tata Consultancy Services (TCS) has been
as one of Britain’s  Top Employers for 2011, by The CRF Institute.


certification, based on independent research done by the CRF Institute and
audited by Grant Thornton, demonstrated that TCS performed exceptionally well
across all 11 key areas of HR practice. In particular, the survey recognized
that the company has outstanding policies, a “make it happen”
culture, is dedicated to the long term development of its staff in the UK and
offers excellent working conditions. This performance culminated with TCS being
ranked as one of the five highest ranked large organisations in the country
along with Thomson Reuters, G4S plc., Centrica Plc. and MacDonald’s UK.


Telecomlead.com Team
[email protected]