DPR's savings platform provides financial institutions with a fully automated programme that can serve customers across multiple distribution channels and can manage a range of retail savings products including ISAs.
The launch is pending Castle Trust’s full authorisation, following the lender’s successful approval of its banking licence earlier this year by PRA and FCA.
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Martin Bischoff, chief executive officer at Castle Trust, said: “We have bold ambitions to grow and scale the business, meaning we needed to ensure that our chosen technology vendor could offer proven technology that enables us to increase efficiency and the flexibility to develop a range of savings products to suit our customers’ needs.
“This is why we have chosen the DPR solution; their solution capability, experience, migration expertise and depth of market understanding is second to none.”
Dave Patel, CEO at DPR, added: “We’re delighted that Castle Trust chose our savings origination and servicing solution and look forward to working with them to achieve their ambitions.
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