TCS said the selected banking solution will cover the Shanghai Rural Commercial Bank’s core banking, deposits, loans, payments and card modules.

Shanghai Rural Commercial Bank CIO Zhou Hengchang said that this core banking solution will assist the organization to enhance new product development, improve customer service levels and enhance market competitiveness.

TCS Financial Solutions head for Greater China Zhu Bin said that China’s retail banking market is experiencing exceptional growth. To remain competitive, Shanghai Rural Commercial Bank required a tried and trusted solution that could be implemented quickly and efficiently.