BankingBusinessCloud

Mansfield Building Society in core banking tech overhaul with TCS

  • Mansfield Building Society partners with Tata Consultancy Services (TCS) to modernize its software.
  • The society will migrate from its on-premise system to TCS Bancs cloud-based core banking system and Digital Home Lending solution.
  • The new platform replaces the legacy Mortgage and Savings Suite (MSS) from Sopra Banking Software.
  • Sopra Banking Software was recently acquired by Axway for €330 million.
  • Iain Lister, Mansfield’s IT executive, praises TCS for its experience and alignment with the society’s values.
  • Mansfield Building Society, founded in 1870, has £485 million in assets, four branches, and around 70 employees.
  • TCS has been operating in the UK for nearly 50 years, serving clients such as Nationwide Building Society and London Mutual Credit Union.
Previous article
Form3 bags $60m Series C extension with new investor British Patient Capital
Next article
Form3 bags $60m Series C extension with new investor British Patient Capital
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FinTech

NatWest Strengthens Venture Banking by Partnering with AWS

Collaboration will enhance digital services for startups and scale-ups.Highlights: NatWest partners with AWS to launch a new venture...
FinTech

UK Authorities Tighten Regulations on P2P Crypto Trading

New measures aim to enhance security for crypto traders in the peer-to-peer market.Highlights: UK authorities introduce new regulations...
FinTech

Citi Wealth Strengthens Services with New AI-Powered Team Member

Citi Wealth Management introduces advanced AI technology for enhanced client experience.Highlights: Citi Wealth Management has launched a new...
FinTech

Coinbase Lists First GBP Stablecoin, Expanding Market Options

The new stablecoin aims to enhance trading in the UK market.Highlights: Coinbase has launched the first GBP stablecoin.This...