Loughborough Building Society taps Finastra for digital banking and analytics solutions
Loughborough Building Society has tapped Finastra for its digital banking and retail analytics solutions as it looks to scale and rollout new digital products and services.
Loughborough Building Society taps Finastra
The company will deploy Finastra’s digital banking offering Essence as it looks to boost operational efficiencies and quickly launch third-party retail and commercial banking products.
It will also utilise Finastra’s Retail Analytics module, which offers Loughborough Building Society a dashboard of performance metrics and converts raw customer data into “actionable insights”.
The building society has also selected Fairmort, a provider of software solutions for financial services, to manage its data migration and regulatory reporting.
Loughborough Building Society CEO Gary Brebner says: “As industry and customer demands continue to evolve, we recognised the need to increase the speed at which we can adapt our services while ensuring the society’s future growth.”
Siobhan Byron, executive vice president of universal banking at Finastra, adds: “Our solution is designed to help our customers adapt and implement new technologies quickly, while providing their customers with seamless onboarding, hyper-personalised and omnichannel banking experiences.”
