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UNITED Western Bank
has tied up with CMC, part of the Tata
Group, for its core banking solutions.
About 90 per cent of United Western Bank's
business is now covered by CMC's Total
Concept Banking System - `TC/4©'.
CMC has implemented its solution `TC/4©'
in over 165 branches, spread over seven
States.
These branches are now connected online
and centralised banking has been introduced
in order to cover all the retail functions
of the bank.
CMC is looking at core banking opportunities
in the overseas market and has implemented
TC/4© in all the branches of the
National Bank of Bahrain.
TC/4© is not a single product, but
represents a suite of banking and financial
solutions such as integrated treasury,
risk management, Internet banking, tele
banking and so on.
Carved out of TC/4© is a depository
product that is implemented at national
depositories in India, Bangladesh and
Lebanon.
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