Helsinki, Finland
MORS Software, a leader in Treasury, ALM and Liquidity Risk Management solutions, is delighted to announce its latest partnership with Monument Bank, a pioneering digital bank based in the United Kingdom. This new collaboration signifies Monument Bank’s adoption of MORS Treasury Management System, a comprehensive solution designed to enhance financial operations and risk management capabilities.
“We are thrilled to welcome Monument Bank to our growing roster of UK clients,” said Niklas Fellman, CCO of MORS. “Our Treasury Management System is expertly tailored to complement the dynamic, digital-first approach of Monument Bank. This system is designed to enhance their operational efficiency and control, empowering them to manage their treasury functions more effectively. At MORS, we provide neobanks with advanced yet user-friendly TMS tools that bolster their ability to analyse financial outcomes and manage risks across varying market conditions. This capability is crucial for planning strategically and making well-informed decisions, regardless of external pressures.”
Monument Bank, known for its customer-centric services and innovative banking solutions, selected MORS for its proven expertise and technology. The MORS Treasury Management System offers real-time visibility, risk assessment, and decision-support tools that are essential for modern digital banks aiming to excel in a competitive landscape.
“Choosing MORS was a strategic decision for our growth and operational excellence. Their treasury solution not only fits our current needs but also scales with our future ambitions. We are confident that this partnership will enhance our ability to manage financial risks and optimise our treasury functions effectively,” mentioned Caroline Richardson, Chief Financial Officer of Monument Bank.
This partnership marks a significant milestone for both MORS and Monument Bank as they work together to navigate the complexities of the financial industry. By leveraging MORS’s advanced systems, Monument Bank aims to further strengthen its market position and continue providing exceptional service to its customers.
For more information about MORS Software and its solutions, please visit MORS Software website.
About MORS Software
MORS Software is an award-winning provider of Treasury, Liquidity risk management, and ALM solutions designed for the banking sector. With over a decade of experience, MORS Software helps financial institutions around the globe achieve transparency, regulatory compliance, and operational efficiency.
Monument is the first neo-bank to be launched in the UK specifically to meet the unmet demands of mass affluent clients – approximately 7 million professionals, entrepreneurs, and others – who are seeking a bank to help them save and grow their wealth (which is estimated at c.£6 trillion in the UK and £80 trillion globally).
The Bank received its full banking licence in November 2021 and launched its app and first suite of savings products to the market at the start of 2022. In 2024 Monument joined the 2024 Future Fifty cohort and became part of the UK’s most prestigious programme for pre-IPO companies.
