Cardiff-based Julian Hodge Bank has selected Sword Apak’s next generation core banking system, Aurius, to underpin the further expansion of its service offering.
Formed in 1987, Julian Hodge Bank (JHB) is an independent family-controlled company, established by Sir Julian Hodge, founder of Chartered Trust and Bank of Wales. The bank has a strong tradition of professionalism and integrity, with an ongoing commitment to innovation.
JHB decided to replace its current legacy system with a solution that would enable it to grow its business, foster stronger customer relationships, and work more cost-effectively and efficiently.
David Austin, Managing Director, JHB, says, “JHB is outgrowing its existing system so we looked at sourcing a future-proof solution that could take our offering forward. As part of a rigorous selection process we asked companies to provide us with a customised system demonstration. Sword Apak offered a robust and innovative solution that closely matched what we wanted from our ‘ideal’ system provider.”
Sword Apak’s proposed solution supports the Commercial Lending and Retail Deposits areas of JHB’s business with real-time integration to Hodge Lifetime, JHB’s retirement solutions business.
Mark Elliott, Director (Banking Division), Sword Apak, comments, “As a modern, flexible core banking system with a feature-rich specification, Aurius is ideally placed to meet JHB’s business needs. Our solution enables JHB to launch new products quickly across multiple distribution channels, streamline and automate business processes and procedures using advanced workflow management tools, and extract key data for marketing, analysis and reporting.”
With more than 30 years’ experience as a specialist financial systems supplier, Sword Apak is providing comprehensive technical and business support for JHB.