Swansea Building Society deploys Mutual Vision’s Online Banking
Swansea Building Society has gone live on Mutual Vision’s Online Banking platform.
According to the vendor the implementation took three months, with Swansea Building Society able to bring new services online during the middle of the coronavirus pandemic.
The new system provides a “simple and secure” way to manage accounts and communicate with building society staff.
Swansea Building Society also plans to use the Online Banking platform to allow customers to apply for products online.
“The system is secure and uses a two-step sign in process, giving another safe option to manage accounts,” says Alun Williams, CEO of Swansea Building Society.
“Whether our customers are at home or on the go, Swansea Online will allow members access to their accounts whenever they need it and in a way that’s easiest for them.”
Founded in 1923, Swansea Building Society operates four branches and holds around £370 million in assets.
The deal brings Mutual Vision’s client base to 23 building societies across the UK. The firm claims that it provides banking solutions to more than 50% of the mutual market.
Mutual Vision was established by a group of 10 building societies in 2001, and operates a mutual, not for profit structure.
Andy Atkinson, business development director for Mutual Vision, says that “now is a great time” for the building society to join up with his firm.
He adds: “We have so many exciting developments; both with our products and our strategy.”