Letshego Holdings Limited Selects TCS BaNCS Core Banking Platform

Letshego Holdings Limited Selects TCS BaNCS Core Banking Platform:The vision of LHL is to transform itself from a pan-African financier into a retail banking firm by expanding its financial services footprint. With the modularized and scalable TCS BaNCS solution, the Bank will be able to easily configure the solution for its specific lending needs, while also fostering innovation in the form of a range of retail banking solutions from the same platform. This multi-entity, multi-lingual and multi-currency solution will integrate all operational processes in the Bank in real-time, and manage increased transaction volumes, while its flexible configuration features will cater to the needs of a multi-country deployment. With this modern banking platform, LHL will derive a world-class, high-performance solution, enabling low Total Cost of Ownership (TCO). It will also provide for lean and efficient operations across Africa and consolidate disparate systems onto a single platform.