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News

Major UK Building Society Secures Core Banking Platform on JADE

Media release, Financial services - April 9, 2014

Society has extended its current agreement with Jade, committing to a further ten year support and maintenance contract. 

JADE Technologies underpins the core banking systems of Skipton, the UK’s fourth largest building society, providing a single view of customer information for streamlined management and better customer service. 

JADE based systems include: 

  • Mortgage and investment administration 
  • Award winning branch automation deploying applications and tools to support the central 
  • management of branches 
  • Call center system managing a single view of the customer with full communication history

A long term JADE customer, Skipton has leveraged JADE Technology to create an open platform that provides flexibility and scope. 

“The Jade Technology supports our business processes rather than dictating them. We are on a platform that can provide solutions to meet the needs of our customers faster, easier and more cost effectively. We’ve seen savings of 65 percent in data processing costs which made insuring the longevity of our banking platform on JADE, an easy investment decision,” David Cutter, Skipton Building Society Chief Executive. 

Earlier this year, Jade also gained access to a $5 million dollar grant over three years through the Callaghan Innovation programme to accelerate the commercialization of innovation in JADE technology. 

“The investments from Skipton and Callaghan provide us with the ability to continue to significantly invest in JADE technologies to continue to provide our customers with differentiated solutions,” said David Lindsay, Managing Director, Jade Software. 

About Jade 

Since 1978, Jade has been working with leading companies around the world to solve complex business problems through the design and delivery of innovative software solutions. Our expert, passionate people develop high performance enterprise solutions, create engaging customer experiences through digital strategy and design, as well as develop advanced technology platforms used by thousands of companies globally. 

Our offices are located in New Zealand, Australia, USA, UK and the United Arab Emirates and our clients include companies in financial services, telecommunications, utilities, retail and specialist logistics. 

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