- 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.