TCS Partners with Mansfield Building Society for Digital Transformation

Tata Consultancy Services (TCS) has partnered with Mansfield Building Society in the UK to digitally transform its operations using TCS BaNCS and Digital Home Lending Solutions. This initiative aims to enhance member experiences and drive the society's growth by migrating its digital banking solutions to the cloud.

India's leading IT services firm, Tata Consultancy Services (TCS), has forged a strategic partnership with the Mansfield Building Society in the United Kingdom to drive digital transformation in the society's business operations. According to a recent release, TCS will implement its advanced digital banking solution, TCS BaNCS, for core banking services alongside its Digital Home Lending Solution.

This collaboration is expected to enhance the experiences of both members and intermediaries, providing support for Mansfield Building Society's ambitious growth agenda. The agreement, however, did not disclose the financial terms.

Established in 1870, the Mansfield Building Society has functioned as a community-centric financial institution, catering to over 26 million people through savings and mortgage services. The transformation project will involve migrating the society's digital banking solutions to the cloud while integrating with ecosystem partners to improve accessibility and efficiency.

(With inputs from agencies.)