MUTB taps Spring for BoE and FSA reporting

Source: Spring Programs

Spring Programs Limited, the only company to specialise in UK Regulatory Reporting, today announced that Mitsubishi UFJ Trust and Banking Corporation (MUTB), part of one of the world's largest and most diversified financial groups, has chosen SPRiNG software for its Bank of England (BoE) and FSA reporting.

The Spring Programs consultants have completed the project to import data from the bank's internal accounting systems to populate its BoE Forms and FSA Data Items.

As Japan's leading trust bank, MUTB offer high quality total financial services for customers, which include various banking services as well as asset management and administration, real estate and stock transfer agency. Mr Nigel Kavanagh-Brown, Chief Manager for Accounts and Tax commented, "Spring Programs offers us a total UK Regulatory Reporting solution and has helped us to make the transition from our previous software providers uncomplicated, efficient and without disruption to our reporting schedule. The ongoing maintenance and support package will include supplying us with all the Forms and Data Items we may need to report in the future as our requirements may increase."

Spring Programs is committed to continue to offer unparalleled levels of support. Spring Programs' Managing Director, Jenkyn Kennedy, said, "We are very pleased to welcome Mitsubishi UFJ Trust and Banking Corporation as a new customer to SPRiNG. We can provide the necessary UK regulatory reporting expertise to ensure that our customers know they are reporting correctly. They can then get on with the business of serving their customers."


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