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Europe Development Bank

By Nitin Mohan Mishra , 17 June 2025
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TCS Partners with Council of Europe Development Bank to Drive AI-Led Reconciliation Transformation

Tata Consultancy Services (TCS) has joined forces with the Council of Europe Development Bank (CEB) to revamp and automate the bank’s reconciliation operations using its proprietary TCS BaNCS platform. By leveraging artificial intelligence and automation, the collaboration aims to increase operational transparency, reduce manual workloads, and accelerate transaction processing. The initiative represents a significant leap toward operational modernization within multilateral financial institutions, equipping CEB with a scalable and efficient digital backbone.

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