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.
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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.

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