MORS Software launches Regulatory Reporting Solution for UK Banks and Building Societies
MORS Software, provider of award-winning Solutions for Treasury, ALM, and Risk Management (MORS), adds UK Regulatory Reporting to deliver integrated deal to disclosure Solution for the UK Bank and Building Society sector
Helsinki 09.02.2023
MORS Software is now able to offer UK Regulatory Reporting for Banks and Building Societies as a fully integrated solution along with ALM, Financial Risk Management, and Treasury Management. With an unblemished track record of delivering projects on time and to budget, MORS Software is an ideal alternative to other solutions currently available in the UK.
MORS offers one of the most sophisticated solutions for Treasury Management, ALM, Financial Risk and Regulatory Reporting. With a single view of contract level data at its heart, the solution includes sophisticated scenario analysis and stress testing, meeting both regulatory and internal reporting needs. MORS is genuinely a ‘deal to disclosure’ solution for all types of banks, large and small. Based on a lightweight technology footprint, MORS is both economic to run and quick to implement.
“The UK Financial Services sector is one of the biggest and most significant in the world. It is vital that the sector is served by a trusted solutions partner with modern, robust, and sophisticated solutions.” says Nigel Lee, CEO of MORS Software. “As one of the very few providers of integrated Treasury and ALM solutions, we have listened carefully to the market and have now extended our Regulatory Reporting coverage to include the UK.”
The MORS suite is available on premise, in the bank’s own cloud, or as a full SaaS solution. While genuinely an integrated solution, MORS is also available as discreet modules to suit the immediate needs of the customer, or a phased implementation project approach. The solution is ideally placed as a tool to ‘run the bank’ but also covers the calculation of all regulatory metrics for complete regulatory disclosure, including Credit Risk and Capital Adequacy, Interest Rate Risk in the Banking Book (IRRBB), Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR), to name but a few.
“It’s not just about the product. Providing compliance solutions requires 100% commitment to our customers, whether that’s delivering projects on time and on budget, or being proactive and thorough with our regulatory updates. We never let our customers down and we never fail to deliver on our promises. Our Net Promoter Score of 90+% is solid evidence that dealing with MORS will be a breath of fresh air for the UK Banks and Building Societies.” concludes Lee.
If you would like to know more about our integrated ‘deal to disclosure’ solution for Treasury Management, ALM, Financial Risk Management, and Regulatory Reporting, book a consultation. Whether replacing an old solution, choosing a better more reliable solutions partner, or making general improvements to your solutions landscape, MORS is the ideal choice.