Nationwide taps Board to upgrade financial planning capabilities
Nationwide Building Society has tapped Board, a provider of “intelligent planning solutions”, to upgrade its financial planning capabilities.
Nationwide will utilise Board’s Intelligent Planning solution to upgrade “vital” financial planning processes and systems across multiple use cases.
The switch will enable the building society to deliver “better insights for our teams, and ultimately better outcomes for Nationwide’s members”, says Louise Pierrepont, head of future capability and operations at Nationwide.
The financial planning transformation will be delivered alongside advisory partner KPMG.
Board says its platform prioritises end users and reduces information silos, helping firms discover more helpful insights to improve decision making.
In February, it was revealed that Nationwide is cutting around 450 jobs as it looks to “streamline” some of its non-customer-facing teams, which will enable the firm to increase investment elsewhere.
Last year, the firm appointed a new chief operating officer (COO), Suresh Viswanathan.