The bank said that it has selected TCS BaNCS due to its flexibility and parameterization, which will speed up its operating efficiency.

Ziraat Bank Fintek general manager Yunus Uygur Kocaoglu said the bank will deploy the TCS BaNCS core banking platform for international operations of Ziraat Bank in Europe.

"With this high-performance, flexible, integrated solution, we are looking forward to catering to dynamic and local customer requirements across multiple geographies in a standardized manner," Kocaoglu added.

TCS Financial Solutions president N Ganapathy Subramaniam said, "We are keen to leverage our "model office solution" that will help the bank adopt the best practices driven global operating model, one service delivery standard and local expertise. Coupled with our implementation certainty, we are confident that we can contribute to the bank’s transformation and growth."

TCS claims that its integrated core banking platform is equipped with loans, deposits, trade finance, treasury, CRM, regulatory and compliance modules, paving a way for Ziraat Bank to enhance its overseas presence in a short time.