Wesleyan Bank chooses core banking system from Sword Apak

UK bank will replace its existing technology platform with Aurius in preparation for strong growth

Sean Dudley
Sean Dudley
By Sean Dudley on 06 January 2014
Wesleyan Bank chooses core banking system from Sword Apak

Wesleyan Bank has selected Aurius, Sword Apak’s core banking solution, to replace its existing technology platform.

Part of the Wesleyan Assurance Society, Wesleyan Bank is updating its technology systems as it prepares for an ambitious period of growth.

Wesleyan Bank selected the Aurius solution due to the bank’s plans to build its business, improve customer service, and respond effectively to meet new regulatory reporting and monitoring requirements.

"We have a very ambitious plan for growth and our choice of technology has to reflect this,” says Steve Deutsch, managing director of Wesleyan Bank. “Following a rigorous selection process, Aurius was selected as it provides a robust and comprehensive ‘out-of-the-box’ solution that delivers on flexibility, with the ability to integrate into our existing IT estate. Sword Apak also has recent experience of migrating data from our existing platform."

Developed on the Microsoft .NET platform, Aurius will enable Wesleyan Bank to launch new products quickly and deliver them across multiple distribution channels.

The solution will also streamline and automate the bank’s business process and procedures, using advanced workflow management tools. Key data can also be easily extracted, aiding the bank’s marketing, analysis and reporting capabilities.

“We are delighted that Wesleyan Bank has chosen Sword Apak to implement Aurius,” says Tony Allen, Sword Software’s CEO. “Aurius is now successfully running UK banking businesses at United Trust Bank and Unity Trust Bank. We are confident Wesleyan Bank will benefit from the same cost-effective, flexible, future-proof technology. Indeed, for many small to mid-sized banking institutions, Aurius represents an agile alternative to legacy and traditional banking platforms.”

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