Coventry Building Society (Coventry BS), a UK-based savings and mortgage provider, has teamed up with Accenture as its delivery partner in a major overhaul of its core banking platform.
As part of the collaboration, Accenture will help in implementing a new system based on IRESS’s and Temenos’s core banking solutions.
Go deeper with GlobalData
The deployment will support the building society’s important business functions such as product management, mortgage and savings origination and customer servicing.
Coventry BS COO Peter Frost said: “Our growth strategy relies heavily on having a robust, member-oriented digital agenda.
“Our engagement with Accenture, combined with the solutions provided by Temenos and IRESS, will deliver the foundation we need to remain agile and resilient in the years to come.
“This is a significant investment in our future, and we selected Accenture for both its understanding of our industry and track record in delivering core platform solutions.”
Accenture managing director of Financial Services practice in the UK and Ireland Karen Huish said: “Accenture is delighted to work with Coventry Building Society in support of its core platform transformation programme. This project brings together leading software, tools, assets and capabilities to facilitate realisation of the society’s vision for members and employees.”
