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fOur Bureau

Mumbai , June 15

UNITED Western Bank has tied up with CMC, part of the Tata Group, for its core banking solutions.

About 90 per cent of United Western Bank's business is now covered by CMC's Total Concept Banking System — `TC/4©'.

CMC has implemented its solution `TC/4©' in over 165 branches, spread over seven States.

These branches are now connected online and centralised banking has been introduced in order to cover all the retail functions of the bank.

CMC is looking at core banking opportunities in the overseas market and has implemented TC/4© in all the branches of the National Bank of Bahrain.

TC/4© is not a single product, but represents a suite of banking and financial solutions such as integrated treasury, risk management, Internet banking, tele banking and so on.

Carved out of TC/4© is a depository product that is implemented at national depositories in India, Bangladesh and Lebanon.

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