Shawbrook Bank

Codestone Expands its Leading Business Consulting, Digital Transformation, and IT Managed Services Portfolio with Acquisition of Cloud Business

Retrieved on: 
Thursday, February 15, 2024

LONDON, Feb. 15, 2024 /PRNewswire/ -- Headquartered in Poole, UK, Codestone Group backed by FPE Capital, announced today that it is has acquired award-winning business consulting, digital transformation, and IT managed services leader Cloud Business Limited. Cloud Business, based in Basingstoke, UK, accounts for over 90 professionals delivering end to end digital transformation across Azure, M365 and Cyber.

Key Points: 
  • Business and Digital solutions leader, Codestone Group, makes a big move to bolster its business technology, artificial intelligence advisory and managed services strength by acquiring extended capabilities from Cloud Business.
  • LONDON, Feb. 15, 2024 /PRNewswire/ -- Headquartered in Poole, UK, Codestone Group backed by FPE Capital, announced today that it is has acquired award-winning business consulting, digital transformation, and IT managed services leader Cloud Business Limited.
  • Cloud Business, based in Basingstoke, UK, accounts for over 90 professionals delivering end to end digital transformation across Azure, M365 and Cyber.
  • With Cloud Business, Codestone aims to further enhance its offering of IT consulting and services in Microsoft Azure, Microsoft 365, and Cybersecurity, while bolstering Codestone's 24x7x365 UK-based managed services team – recognised as leading by CRN.

Pega Helps Shawbrook Cut Mortgage Processing Times in Half

Retrieved on: 
Monday, November 13, 2023

READING, UK, Nov. 13, 2023 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider empowering the world's leading enterprises to Build for Change® , today announced that Shawbrook, a UK-based specialist savings and lending bank, has deployed Pega Platform™ to transform its buy-to-let mortgage underwriting process.

Key Points: 
  • Working with leading data and technology partners, including Pega, Shawbrook has scaled up by reducing mortgage processing times nearly fourfold and increasing underwriter productivity by threefold.
  • In its second stage of the Pega Platform deployment, Shawbrook implemented Pega's case management capabilities to reduce the time it spends processing buy-to-let mortgage applications, from an initial letter of intent to a full mortgage offer, while maximizing underwriter productivity.
  • Shawbrook collaborated with partner Labb , to redesign the process for customers and staff and quickly implement it using Pega Platform.
  • As Shawbrook continues to roll out Pega Platform to other areas of the business, we look forward to seeing the results."

US Capital Global Advises on Multi-Million-Pound Acquisition of Premier Sealant by Red Coast Industries

Retrieved on: 
Tuesday, July 25, 2023

San Francisco, California, USA, July 25, 2023 (GLOBE NEWSWIRE) -- US Capital Global has supported Red Coast Industries Limited, a UK-based industrial investment firm, as debt advisor in its multi-million-pound acquisition of Premier Sealant.

Key Points: 
  • San Francisco, California, USA, July 25, 2023 (GLOBE NEWSWIRE) -- US Capital Global has supported Red Coast Industries Limited, a UK-based industrial investment firm, as debt advisor in its multi-million-pound acquisition of Premier Sealant.
  • All private placements, securities, and other related services are offered by the group’s FINRA-member broker-dealer affiliate, US Capital Global Securities LLC.
  • “We greatly appreciate US Capital Global assisting us as our debt advisor for our recent UK company acquisition,” said  Yossuf and Omar Albanawi, founders and Directors of Red Coast Industries.
  • Red Coast Industries recognized the growth potential in this sector, and we are delighted to have supported them in this successful portfolio acquisition.”

Praetorian Legal: Landmark Court Verdict Opens Door for a “Forgotten Generation” of Timeshare Victims to Recover Life-changing Sums

Retrieved on: 
Tuesday, May 30, 2023

He urges thousands more victims who have not come forward so far to do so.

Key Points: 
  • He urges thousands more victims who have not come forward so far to do so.
  • Victims typically took out loans of tens or hundreds of thousands of pounds to fund their purchase of these long-term schemes.
  • They funded and benefited from unscrupulous timeshare companies preying on families with high-pressure sales tactics and false investment promises.
  • A claims management company authorised by the Financial Conduct Authority, Praetorian Legal have managed these processes on behalf of thousands of victims.

Pega Helps Shawbrook Bank Improve Processing Time for Unsecured Loans by 75%

Retrieved on: 
Thursday, February 23, 2023

CAMBRIDGE, Mass., Feb. 23, 2023 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider empowering the world's leading enterprises to Build for Change® , today announced that Shawbrook Bank, a UK-based specialist savings and lending bank, has deployed Pega Platform™ to transform its unsecured loans process, improving processing time by 75%, saving 1500 hours per month, and improving customer experience.

Key Points: 
  • Shawbrook collaborated with partner Labb Consulting (Labb) to redesign the process for customers and staff and quickly implement it using Pega Platform.
  • Stage one of the Pega Platform deployment focused on the front-end unsecured loan underwriting process.
  • The end-to-end unsecured loan journey is processed completely within Pega while any technology that's directly touching Shawbrook's end customers is its own bespoke software.
  • We look forward to continuing to support the bank in its digital transformation journey as it rolls out Pega across other aspects of its business."

Quinnox deploys Qyrus to help Shawbrook transform its Platform

Retrieved on: 
Tuesday, June 14, 2022

As part of their 'shift-left' quality strategy, Qyrus supports Shawbrook's ambitious delivery schedule of new product features to customers as well as puts its focus on automation, through automated regression testing across the breadth of the Shawbrook Platform.

Key Points: 
  • As part of their 'shift-left' quality strategy, Qyrus supports Shawbrook's ambitious delivery schedule of new product features to customers as well as puts its focus on automation, through automated regression testing across the breadth of the Shawbrook Platform.
  • Qyrus helped Shawbrook transform its Platform to seamlessly automate savings account opening & servicing, real estate & SME lending origination as well as customer due diligence onboarding processes.
  • Shawbrook was able to deliver releases in a much shorter time using the Web, API, and Business Process testing capabilities of Qyrus.
  • Russ Thornton, CTO of Shawbrook said, "Quinnox is a key partner of ours, not only supporting our technology delivery teams, but also with tools like Qyrus.

Quinnox deploys Qyrus to help Shawbrook transform its Platform

Retrieved on: 
Tuesday, June 14, 2022

As part of their 'shift-left' quality strategy, Qyrus supports Shawbrook's ambitious delivery schedule of new product features to customers as well as puts its focus on automation, through automated regression testing across the breadth of the Shawbrook Platform.

Key Points: 
  • As part of their 'shift-left' quality strategy, Qyrus supports Shawbrook's ambitious delivery schedule of new product features to customers as well as puts its focus on automation, through automated regression testing across the breadth of the Shawbrook Platform.
  • Qyrus helped Shawbrook transform its Platform to seamlessly automate savings account opening & servicing, real estate & SME lending origination as well as customer due diligence onboarding processes.
  • Shawbrook was able to deliver releases in a much shorter time using the Web, API, and Business Process testing capabilities of Qyrus.
  • Russ Thornton, CTO of Shawbrook said, "Quinnox is a key partner of ours, not only supporting our technology delivery teams, but also with tools like Qyrus.

Codestone acquires Clarivos to create an SAP Cloud powerhouse

Retrieved on: 
Thursday, May 5, 2022

POOLE, England, May 5, 2022 /PRNewswire/ -- Based in Poole with operations across the UK, SAP and Microsoft Gold partner Codestone Group backed by FPE Capital, announced today that it is enhancing its leadership in the delivery and management of SAP Cloud ERP, Analytics and EPM solutions with the acquisition of SAP ERP, Analytics and EPM specialist Clarivos.

Key Points: 
  • SAP and Microsoft services leader Codestone is making a big move in the SAP ERP and Analytics and CCH Tagetik EPM services business by acquiring Clarivos and making it part of the core Codestone technology and cloud services business.
  • Clarivos supports Codestone's cloud-first approach in helping customers gain rapid results today and future-proofing their tomorrow by running better with cloud solutions and adopting innovative technology.
  • Clarivos' rapid growth in SAP Business ByDesign delivery has resulted in many awards including the recent SAP UK and Ireland and SAP EMEA North Partner Excellence Awards for Outstanding Performance.
  • Jeremy Bucknell, Co-Founder & CEO, Codestone says, "This agreement complements our award-winning SAP ERP and Microsoft Cloud offerings and creates one of the most differentiated SAP services in the market.

THE BANK OF LONDON APPOINTS TOM WOOD AS DEPUTY-CHIEF EXECUTIVE OFFICER, UNITED KINGDOM

Retrieved on: 
Thursday, April 14, 2022

Subsequently, Tom was appointed by the controlling shareholders of The Co-Operative Bank plc following its third recapitalisation, to lead the restructure of the Bank.

Key Points: 
  • Subsequently, Tom was appointed by the controlling shareholders of The Co-Operative Bank plc following its third recapitalisation, to lead the restructure of the Bank.
  • Anthony Watson, Group Chief Executive & Founder of The Bank of London said,"Tom brings a wealth of experience to The Bank of London.
  • Tom Wood says, "I'm thrilled to be joining The Bank of London at such an exciting time in its evolution.
  • The Bank of London is a leading-edge technology company and the world's first purpose-built global clearing, agency, and transaction bank.

THE BANK OF LONDON APPOINTS TOM WOOD AS DEPUTY-CHIEF EXECUTIVE OFFICER, UNITED KINGDOM

Retrieved on: 
Thursday, April 14, 2022

Subsequently, Tom was appointed by the controlling shareholders of The Co-Operative Bank plc following its third recapitalisation, to lead the restructure of the Bank.

Key Points: 
  • Subsequently, Tom was appointed by the controlling shareholders of The Co-Operative Bank plc following its third recapitalisation, to lead the restructure of the Bank.
  • Anthony Watson, Group Chief Executive & Founder of The Bank of London said,"Tom brings a wealth of experience to The Bank of London.
  • Tom Wood says, "I'm thrilled to be joining The Bank of London at such an exciting time in its evolution.
  • The Bank of London is a leading-edge technology company and the world's first purpose-built global clearing, agency, and transaction bank.