Integrated Blockchain Offering
Technology Category
- Application Infrastructure & Middleware - Blockchain
Applicable Industries
- Finance & Insurance
Applicable Functions
- Business Operation
The Customer
ABN AMRO Bank
About The Customer
ABN AMRO Bank N.V. is a Dutch bank with headquarters in Amsterdam. ABN AMRO Bank is the third-largest bank in the Netherlands. It was re-established in its current form in 2009, following the acquisition and break-up of the origin
The Challenge
TCS has partnered with ABN AMRO bank to explore the potential of blockchain in the clearing and settlement segment. This test explores how tokenized cash balances and equities are allotted and transferred between issuers, clearing banks, and investors. We leveraged our PoC platform within a sandbox environment integrated to their back-office platform. This engagement tries to establish whether a distributed ledger integrated with legacy systems can create a‘single source’of truth to allow instant cash settlements
The Solution
TTCS’ Integrated Blockchain offering is tailored to facilitate an exploration and implementation journey through this technology. We provide the following services:
Advisory Services: Formulate a clear blockchain strategy and manage its roadmap; conduct executive briefings, training seminars and workshops; and compile and review business use cases
Pilot Projects: Use case development and validation, technology selection and review, blockchain proof of concepts (PoC) on leading platforms, and point of view (PoV) or pilot project execution
Projects: Select a blockchain platform, test it and integrate it with the rest of the enterprise applications
Operational Impact
Quantitative Benefit
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