Tata Consultancy Services, a global leader in IT services, consulting, and business solutions, informed exchanges that the company has signed a strategic agreement with Mansfield Building Society in the UK to digitally transform its business. TCS will use its cutting-edge digital banking solution, TCS BaNCSTM for Core Banking, alongside its Digital Home Lending Solution, to improve member and intermediary experiences and support Mansfield’s ambitious expansion goals.
For nearly 200 years, UK building societies have served as community-led financial institutions, providing savings and mortgages to over 26 million individuals.
In the exchange filing, the company also shared, “TCS BaNCSTM for Core Banking will accelerate the Building Society’s digital transformation, providing a truly enriched digital experience for members. TCS Digital Home Lending Solution will streamline the mortgage value chain, from application to completion and beyond, ensuring Mansfield Building Society remains customer-centric, operationally resilient, future-ready, and compliant.”
TCS will migrate the Building Society’s digital banking solutions to the cloud and collaborate with best-in-class ecosystem partners to improve accessibility and efficiency across digital and intermediate channels.
