Integrated Blockchain Offering

KPMG

Integrated Blockchain Offering
Integrated Blockchain Offering
Integrated Blockchain Offering
KPMG KPMG
View Full Case Study
Contact Vendor
Feature New Record
OVERVIEW

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

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 original ABN AMRO by a banking consortium consisting of Royal Bank of Scotland Group, Santander Group and Fortis. Following the collapse of Fortis, who acquired the Dutch business, it was nationalized by the Dutch government along with Fortis Bank Nederland. It was relisted as a public company again in 2015.

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

IOT
Cutting Edge (technology has been on the market for < 2 years)
OPERATIONAL IMPACT

 

 

QUANTITATIVE BENEFIT

TCS’ Integrated Blockchain offering enables financial firms and banks to explore the potential of blockchain by:

Developing and validating use case details for the bank.

Leveraging accelerators including blockchain architecture framework and checklists.

Conducting PoCs and pilots on leading blockchain platforms.


Fatal error: Call to a member function getLabel() on null in /efs/iotone.com/module/Application/view/application/common/IoTSnapshot_view.phtml on line 9