HOME NEWS ARTICLES PODCASTS VIDEOS EVENTS JOBS COMMUNITY TECH DIRECTORY ABOUT US
at Financial Technnology Year
Supports insurance entities with centralized data management, regulatory analytics, claims, underwriting, policy, and customer analytics, scalable architecture, and customizable BI dashboards.
More about TCS Financial Solutions
Specialized data repositories that integrate information from multiple insurance systems, creating a unified view of policies, claims, customers, and financial data.
More Insurance Data Warehouse Solutions
More Business Intelligence and Analytics ...
Multi-Source Data Integration Ability to integrate data from diverse sources such as policy, claims, billing, CRM, and legacy systems. |
Marketing literature asserts support for data integration from policy, claims, billing, CRM, and legacy systems. | |
Real-Time Data Ingestion Ingestion of data in real or near real time from live systems and feeds. |
Product claims 'near real-time data analytics' for insurance entities. | |
Batch Data Processing Support for processing large sets of data in scheduled batches. |
. | No information available |
Data Pipeline Throughput Throughput of ingestion pipelines measured in data volume. |
undefined Suitable for scalable, high-volume scheduled insurance reporting and regulatory analytics, implying batch data processing support. |
|
Change Data Capture (CDC) Supports automatic detection and loading of changes from source systems. |
No information available | |
API Connectivity Ability to connect and ingest data via REST, SOAP, and other APIs. |
TCS BaNCS APIs are mentioned for integration with external and internal systems. | |
File Format Support Supports multiple file formats like CSV, JSON, XML, Parquet, etc. |
Product documentation references support for data loads from files in CSV, XML, JSON, Excel. | |
Streaming Data Support Can ingest and process streaming event data from IoT, telematics, or external feeds. |
References to streaming IoT data and telematics integration in solution brief. | |
Automated Schema Mapping Automates mapping between source data schemas and warehouse schema. |
No information available | |
Self-Service Data Loaders Business users can initiate data ingestions without IT involvement. |
Business users can initiate ad hoc data loads via UI, implying self-service data loaders. | |
Error Logging & Recovery Tracks ingestion errors, provides alerts, and supports recovery/retry. |
Error tracking and robust logging/recovery procedures are referenced in the technical documentation. | |
Manual Data Upload Ability to manually upload spreadsheets or files as supplemental data. |
User guides include manual spreadsheet uploads for ad hoc and supplemental data. | |
Custom ETL Pipeline Support Ability to customize Extract-Transform-Load workflows for unique requirements. |
Described ability to customize ETL workflows for unique insurance requirements. |
Data Profiling Tools Tools to analyze and profile data quality upon entry. |
Product overview highlights profiling and assessment of data quality during ingestion. | |
Data Cleansing Automates removal or correction of data errors, duplicates, and inconsistencies. |
Automated data cleansing including duplicate detection listed as a feature. | |
Data Lineage Tracking Ability to trace origins and transformations of data throughout the warehouse. |
Lineage tracking described as part of regulatory and audit support. | |
Master Data Management (MDM) Centralizes and standardizes key data entities like customer and policy. |
MDM (Master Data Management) for customer/policy/agent information is a key product capability. | |
Automated Data Validation Rules Supports setting up rules to enforce valid values and relationships. |
Automated data rule validation referenced in setup and configuration guides. | |
Reference Data Management Maintains dictionaries and lookup tables in a centralized location. |
Maintains lookup/reference data in centralized repository. | |
Data Stewardship Workflows Assigns data ownership and stewardship for oversight. |
Workflow for data stewardship, including approvals and ownership, detailed in product materials. | |
Audit Trails Comprehensive logs of all changes to data and metadata. |
Comprehensive audit trails/logs cited for compliance and governance. | |
GDPR/Compliance Tools Built-in tools to address regulatory requirements (like GDPR, CCPA, HIPAA). |
GDPR/CCPA/Insurance regulatory support described—including built-in data privacy and compliance features. | |
Data Retention Policies Ability to define and automate policies for data retention and purging. |
Data retention and automated purge policies described for compliance. | |
Anomaly Detection System identifies data outliers and unusual patterns during ingestion. |
Product literature mentions anomaly detection for claims and data outliers. | |
Data Quality Dashboards Dashboards tracking key data quality metrics over time. |
Dashboards for monitoring data quality over time are part of the BI layer. | |
De-duplication Capabilities Automated identification and merging of duplicate business entities. |
De-duplication and entity resolution included under MDM/data quality features. |
Role-Based Access Control (RBAC) Permissions granted to users based on assigned roles and groups. |
Role-based access control (RBAC) described in security and administration sections. | |
Single Sign-On (SSO) Supports enterprise SSO mechanisms for user authentication. |
Enterprise SSO integration cited as available (SAML/AD/LDAP). | |
Multi-Factor Authentication (MFA) Requires an additional factor of authentication for access. |
Multi-factor authentication (MFA) support mentioned for compliance-focused clients. | |
Data Encryption at Rest All stored data is encrypted. |
Data encryption at rest is stated as part of their information security baseline. | |
Data Encryption in Transit All data transferred into/out of the warehouse is encrypted. |
All data transferred into and out of warehouse is encrypted according to published security documentation. | |
Granular Data Permissions Allows access controls at row, column, or object level. |
Granular permissions at user/group/object/column levels referenced under security features. | |
Audit Logging Comprehensive logs of user activity available for review. |
User activity and access audit logs available to administrators. | |
Data Masking Sensitive fields can be obfuscated to unauthorized users. |
PII masking and data field obfuscation available for regulatory compliance and privacy. | |
User & Group Management Supports onboarding and offboarding of users, team management. |
Supports onboarding/offboarding and group management natively. | |
Time-Limited Credentials Issue credentials that automatically expire. |
No information available | |
Compliance Certifications Product is certified for compliance (e.g. SOC 2, ISO 27001). |
Certified for SOC 2 and ISO 27001 according to the TCS BaNCS security documentation. | |
Security Incident Alerts Automatic alerts when security events are detected. |
No information available |
Pre-Built Insurance Data Models Includes out-of-the-box models for policies, claims, reinsurance, finance, etc. |
Out-of-the-box industry data models for insurance (claims, policy, billing, reinsurance, finance) highlighted in product literature. | |
Custom Data Modeling Allows creation and extension of custom data entity schemas. |
Supports custom data modeling and schema extension. | |
Versioned Schema Management Supports version control for evolving data models. |
Schema versioning described as part of data governance and warehouse management. | |
Logical & Physical Data Modeling Differentiates between conceptual/logical business models and technical/physical structures. |
No information available | |
Metadata Catalog Central repository of data element definitions and relationships. |
Metadata catalog and lineage described for all insurance data entities. | |
Relationship Mapping Flexible modeling of relationships between data entities (e.g., parent-child claims, party relationships). |
Relationship and referential integrity management included for insurance data entities. | |
Time-Variant Data Structure Handles slowly changing dimensions and retroactive data corrections. |
Handles slowly changing dimensions for corrections and historical analysis. | |
Entity Resolution/Linking System can identify and link records representing the same real-world entity across systems. |
Per product literature, offers entity resolution and entity linking for master data and compliance. | |
Automated Indexing Supports optimized indexing strategies for faster queries. |
Indexed storage and optimized query strategies described under performance features. | |
Model Documentation Tools Ability to auto-generate entity-relationship diagrams and documentation. |
ERD (Entity Relationship Diagram) and auto-generated data dictionaries provided. | |
Reusable Data Patterns Templates for common insurance data constructs (e.g., claims events). |
Reusable templates and data patterns for insurance events included. |
Query Response Time Average time to respond to business intelligence queries. |
No information available | |
Concurrent User Support Maximum number of users supported at once. |
No information available | |
Data Storage Capacity Total volume of data supported. |
undefined Architected for petabyte-scale data warehouses as shown in marketing/solution whitepapers. |
|
Elastic Scalability Automatically scales compute and storage resources as needed. |
Elastic compute and storage scalability described for large carrier deployments. | |
High Availability Supports redundancy and failover for continuous operation. |
Described as 24x7 'mission critical' support with high-availability architecture. | |
Automated Performance Tuning Continuously monitors and optimizes queries and data access. |
No information available | |
Partitioning & Sharding Supports breaking large tables into smaller, more manageable segments. |
Partitioning/sharding mentioned in technical implementation for scaling performance. | |
Load Balancing Distributes traffic and compute load for optimal performance. |
Load balancing and resource distribution highlighted in system architecture. | |
Parallel Processing Can run multiple data loads and queries simultaneously. |
Parallel processing of loads and queries described in solution briefs. | |
Performance Monitoring Dashboards Real-time dashboards of system performance and bottlenecks. |
Integration of performance dashboards for monitoring bottlenecks mentioned. |
Built-in Reporting Tools Integrated reporting engine allowing ad hoc and scheduled reports. |
Reporting engine included for production of ad hoc and scheduled regulatory/business reports. | |
Data Visualization Supports visualization dashboards, charts and interactive analytics. |
Marketing and technical literature highlight BI dashboards and advanced data visualization. | |
Self-Service BI Business users can design their own dashboards and queries. |
Business users can create dashboards via intuitive drag-and-drop UIs. | |
Predictive Analytics Supports machine learning and predictive modeling use cases. |
Supports predictive analytics and integration with machine learning models according to technical overview. | |
Embedded Analytics Enables embedding analytics widgets into external apps or portals. |
Analytics widgets embeddable into agency/partner portals referenced. | |
Advanced Query Capabilities Supports complex insurance queries using SQL, Python, R, etc. |
Advanced SQL-like and programmatic insurance query support (Python, R) described. | |
OLAP Cubes & Drilldown Online Analytical Processing cubes for drilldown analyses. |
OLAP cubes and drilldown analytics available for claims, risk, and loss ratios. | |
Geospatial Analysis Supports location-based risk and exposure analytics. |
Geospatial analytics support noted for location-based underwriting and claims. | |
Pre-Built Insurance Dashboards Ready-made dashboards for claims, loss ratios, underwriting, etc. |
Pre-built dashboards for key insurance metrics (claims, loss ratios, etc.) highlighted. | |
Report Export Options Download reports in PDF, Excel, CSV, etc. |
Report export to common business formats (PDF, Excel, CSV) documented. | |
Alerting & Notifications System can trigger alerts/notifications based on thresholds or events. |
Customizable alerts and threshold-based notifications supported in dashboard/analytics layer. |
Open API Access APIs available for external systems to access warehouse data. |
Open API access for programmatic retrieval of warehouse data confirmed. | |
Data Export Automation Automated scheduled export of data extracts to downstream systems. |
Can automate regular data exports to downstream systems (per product documentation). | |
Pre-Built Connectors Out-of-the-box connectors for major insurance admin systems. |
Connectors for Guidewire, DuckCreek, and other insurance admin systems available. | |
BI Tool Integration Certified connectors for common BI tools (Power BI, Tableau, Qlik, etc.) |
Integration certified with Power BI, Tableau, and Qlik as per product factsheet. | |
Cloud Data Sharing Seamless sharing of datasets with cloud partners/vendors. |
Datasets and reports may be shared with cloud partners according to multi-cloud deployment solutions. | |
Data Marketplace Integration Connects to industry data marketplaces for enrichment. |
No information available | |
Webhooks Support event-driven integration with external applications. |
Support for outbound webhooks and event-driven integration claimed. | |
Custom Integration Toolkit Provides SDKs or code libraries for building integrations. |
SDKs and code libraries for integration provided. | |
Third-Party Data Support Easily onboard and combine data from third-party providers. |
Third-party data onboarding (e.g., external loss/risk data) referenced. | |
Data Federation Capabilities Combine on-premise, cloud, and external data virtually. |
Can support cloud/on-prem data federation/virtualization per solution architecture. |
Automated Backups Scheduled full and incremental backups of all data and configurations. |
Scheduled and incremental backups automated as standard feature. | |
Backup Retention Policy Ability to define retention windows for stored backups. |
Backup retention policies configurable by administrators. | |
Offsite Backup Storage Backups are stored at a separate facility or cloud region. |
Offsite/cloud region backup storage for disaster recovery described. | |
Point-in-Time Recovery Restore warehouse to a specific point in time. |
Point-in-time recovery supported as part of disaster recovery offering. | |
Failover/Hot Standby Supports hot standby systems for rapid failover. |
Hot standby and rapid failover capabilities stated for high-availability environments. | |
Disaster Recovery Time Objective (RTO) Time required to restore full data warehouse operations. |
No information available | |
Disaster Recovery Point Objective (RPO) Maximum data loss (in time) that can be tolerated. |
No information available | |
Automated Recovery Testing Simulate disaster scenarios and test backup restoration automatically. |
No information available |
Out-of-Box Regulatory Reports Pre-built reports for compliance with NAIC, Solvency II, IFRS 17, etc. |
Pre-configured NAIC, Solvency II, and IFRS 17 reports included, per regulatory reporting documentation. | |
Audit-Ready Data Retention Ensures data retention meets audit requirements. |
Data retention and audit readiness controls cited for insurance regulatory audits. | |
E-Signature & Digital Audit Trails Support for digital signatures and tamper-proof change logs. |
No information available | |
Custom Compliance Reporting Ability to define and automate custom regulatory reports. |
Support for custom regulatory reporting mentioned in product workflow documentation. | |
User Consent Management Collect and track consent for usage of personal data per regulations. |
User consent management and tracking for personal data usage referenced for GDPR/CCPA compliance. | |
Data Residency Controls Define where data is physically stored to meet geographic regulations. |
Product offers configuration of data residency according to regional requirements. | |
Automated Regulatory Filing System can electronically submit filings to regulators. |
System can perform direct electronic regulatory filings, where enabled, for insurance clients. | |
Regulatory Change Alerts Notifies users of legal or industry regulatory changes. |
No information available |
Intuitive User Interface Modern, easy-to-navigate interface for all user types. |
Modern, intuitive user interface cited as a feature and demonstrated in solution screenshots. | |
Role-Based Dashboards Tailored dashboards for underwriters, claims handlers, actuaries, etc. |
Role-based dashboards available for underwriters, claims handlers, and actuaries. | |
Natural Language Querying Users can type questions or requests in plain English. |
Natural language querying described for self-service BI and reporting. | |
Mobile Access Optimized for tablet and smartphone access. |
Mobile device accessibility highlighted in the product materials. | |
In-App Help & Tutorials Contextual help and step-by-step guidance built-in. |
In-app help, wizards and tutorials are part of user experience design. | |
Searchable Data Catalog Easy search across all data objects and definitions. |
Data catalog supports search across data objects and definitions. | |
Customizable Themes Users can personalize look and feel. |
No information available | |
Multi-Language Support User interface supports several languages. |
No information available | |
Accessibility Compliant with accessibility standards (WCAG, ADA). |
Accessibility and WCAG/ADA compliance mentioned in product usability and compliance sections. | |
Favorites & Bookmarks Users can save often-used queries and reports. |
No information available |
Cloud Deployment Available as a managed cloud service (SaaS/PaaS). |
Cloud/SaaS deployment is the default and preferred model for TCS BaNCS DW. | |
On-Premises Deployment Can be installed and operated on customer data centers. |
On-premises deployment option described for regulated and large insurers. | |
Hybrid/Multi-Cloud Support Supports deployment across multiple cloud providers and on-premises. |
Multi-cloud and hybrid deployment models available, referenced in solution architecture documentation. | |
Zero-Downtime Upgrades Software upgrades without user/business disruption. |
Upgrades and patches delivered with zero-downtime systems, per managed deployment service descriptions. | |
Automated Updates System can apply patches and upgrades automatically. |
Automated updates available for SaaS/managed deployments. | |
SLA/Support Levels Guaranteed support response and resolution times. |
SLAs and 24x7 support with guaranteed response/resolution provided by TCS. | |
Monitoring & Alerting Tools Integrated operational health monitoring and alerting. |
Integrated health monitoring and operational alert tools described as standard. | |
API for DevOps Automation DevOps-friendly APIs for infrastructure-as-code management. |
APIs available for integration with DevOps and infrastructure automation tools. | |
Usage Analytics Track user adoption, engagement, and feature usage metrics. |
Usage analytics tracking for adoption and feature usage referenced for admin reporting. |
This data was generated by an AI system. Please check
with the supplier. More here
While you are talking to them, please let them know that they need to update their entry.