Solution will support its ongoing growth in the UK

IN BRIEF:

- With Finastra’s SaaS solution and Retail Analytics module, the Society can innovate and scale at speed, seamlessly integrate third-party applications and reach new customers through digital channels

- Essence is a cloud-first, next-generation digital banking solution that combines sophisticated functionality and advanced technology to increase enterprise agility, reduce costs and improve operational efficiency

- Loughborough Building Society also selected Fairmort, a provider of software solutions for financial services, to manage its data migration and regulatory reporting.

What does this mean?

We’ve been helping our members buy homes and save for the future for more than 150 years, and we are proud of our success across the UK,” said Gary Brebner, CEO at Loughborough Building Society. “As industry and customer demands continue to evolve, we recognized the need to increase the speed at which we can adapt our services whilst ensuring the Society’s future growth. We selected Finastra due to the robustness, openness and security of its SaaS offering, as well as the flexibility this gives us to offer new services in future. With Finastra, we can continue to make decisions by putting our member’s interests first, and help more consumers get the most out of their money to achieve their life goals.”