NIIT Technologies, a leading global IT solutions provider, has been chosen by Yorkshire Building Society, the UK's second largest society, to develop its Share Plan website.
The new website will enable the mutual to compete in the Share Plan market more effectively and develop new sales opportunities, particularly with large organisations. NIIT Technologies' development of Yorkshire Building Society's online presence will cement the Society's position as a market leader in Share Plan administration.
The new web-based functionality will also incorporate international capabilities, which will help Yorkshire Building Society achieve its ambitious plans to increase its share of the international market.
NIIT Technologies will ensure the new website is designed to have greater visual impact especially for sales tools and static pages, featuring higher impact graphics, which will be attractive to both clients and their employees. The site will also reduce the level of manual resources required to process Share Plans, improving efficiency costs for the mutual.
David Henderson, CIO at Yorkshire Building Society, said: "Working with NIIT Technologies to create a new website for our Share Plan business will enable us to more effectively defend our current share of this competitive market. The new site will also put us in a strong position to optimise the opportunities offered both in the UK and internationally."
Ravi Pandey, UK Head of NIIT Technologies, said: "NIIT Technologies has been chosen by Yorkshire Building Society for its superior solution and extensive capabilities in the area of website development and support. The agreement further establishes our expertise in being able to cater for the needs of the building societies sector."
Adrian Coles, Director General of the Building Societies Association (BSA), commented: "It is very pleasing to see Yorkshire Building Society, a member of the BSA, and NIIT Technologies, a BSA Associate, working so closely together. I'm sure this relationship will bring widespread benefits to Yorkshire Building Society's members, and illustrates hhow well NIIT Technologies understands the needs of the building society sector in the current challenging economic conditions."
NIIT Technologies has adopted a dual-shore delivery model for the completion of analysis, development and implementation of the new website. Onsite tasks include requirement capture, user interface specification and user acceptance testing support. Offshore tasks consist primarily of design, construction and system testing.