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Hampshire Trust Bank to implement DPR's Open Banking-powered savings software

Source: DPR

Leading UK banking software provider, DPR, has secured Hampshire Trust Bank (HTB) as the latest lender set to adopt its Savings solution for Origination and Servicing.

DPR's market-leading Saving solution covers all the modern needs for financial institutions to serve corporate and retail savings customers. DPR’s Saving Solution boasts a breadth of features including digital journeys (multi-channel access via desktop and mobile devices), back-office automation and extensive integrations.

HTB is one of the UK’s leading specialist banks, providing specialist mortgages, development finance and asset finance solutions. HTB’s savings division provides award-winning savings products to personal and business savings customers, as well as corporate deposits solutions for businesses looking to deposit £1m or more.

The new partnership will see HTB replace its existing legacy savings platform with DPR’s Savings Solution. Bringing automation and integration to the forefront, the partnership will enable HTB to reduce the costs of onboarding new customers, remove manual work processes for its staff and utilise the latest integrations for Open Banking.

Nick Lawler, Sales Director at DPR said:
“We are extremely pleased to announce this exciting partnership with Hampshire Trust Bank - they are a bold and innovative UK bank with big plans in customer service and digital innovation. We look forward to working closely with the Savings team on this new partnership and supporting Hampshire Trust Bank’s continued growth within the savings sector”.

Stuart Hulme, Savings Director at Hampshire Trust Bank commented:
“HTB is on an impressive growth trajectory as we strive to become the go-to bank in our chosen markets. The deployment of the best in digital and customer solutions are at the heart of our ambitious expansion plans and play a key role in the continued enhancement of our proposition. Our partnership with DPR will ensure we can meet our ambitious plans by enabling us to serve customers better and by upgrading our operational capability “.

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