London, UK – February 2021 – Whistlebrook Limited, a leading provider of back office solutions for the financial services industry, is pleased to announce that Tilney Smith & Williamson has chosen Whistlebrook’s regulatory reporting system (WIRES®).
WIRES® is scalable to meet the reporting requirements of organisations of all sizes and is recognised by both the Financial Conduct Authority and The Bank of England. WIRES® is available on the cloud, hosted or in-house.
Smith & Williamson (S&W) have been users of the WIRES® system since the product was launched in 2013 and have been advocates of the system ever since. In September 2020, S&W completed its merger with the Tilney Group, making it one of the largest wealth management firms in the UK with more than £51bn in Assets Under Management. From their experience of using the system, S&W were keen to extend their use of WIRES® to the new Tilney entities. Whistlebrook is delighted to announce that the whole Tilney Smith & Williamson group is now live on WIRES® following a very successful implementation project that was completed ahead of time and to budget.
Daniel Lee-Wilkins – Regulatory Reporting Manager said “S&W have used WIRES® for many years and have always been impressed with the product and the service provided by Whistlebrook. As part of the merger with Tilney, S&W were very keen to roll-out the system to the whole group. This allows for all of our regulatory returns to be managed in one place with the appropriate controls. The project ran very smoothly, ahead of time and to budget and we are now very pleased to be live on WIRES® across the group.”
Andy Hudders, Whistlebrook’s Sales and Marketing Director added: “We are delighted that Tilney Smith & Williamson chose to standardise on the WIRES® system across the group. We have had a very good and long-standing relationship with S&W and look forward to our continued partnership.”
About Tilney Smith & Williamson
Tilney Smith & Williamson is the UK’s leading integrated wealth management and professional services group and was created by the merger of Tilney and Smith & Williamson on 1 September 2020. With over £50 billion of assets under management (AUM), it ranks as a top five UK wealth manager measured by AUM as well as a top ten UK accountancy firm ranked by fee income. The Group currently operates through three principal brands: Tilney, Smith & Williamson and online investment service Bestinvest. It has a network of over 30 offices across the UK, as well as the Republic of Ireland and the Channel Islands. Through its operating companies the Group offers an extensive range of financial services and professional services to individuals, family trusts, professional intermediaries, charities and businesses. Tilney Smith & Williamson’s personal wealth management services include financial planning, investment management and advice, online execution-only investing and personal tax advice. For businesses, its range of services include assurance and accounting, business tax advice, employee benefits, forensic advice, fund administration, recovery and restructuring, as well as corporate finance and transaction services.
For further information please visit: www.tsandw.com
Whistlebrook has specialised in providing innovative, back office, software systems to the financial services sector since 1997. In that time, the company has become a long-established and trusted supplier to organisations within the finance industry.
The company has built up a very successful portfolio of software applications that can be installed on their own, or as an integrated suite of two or more applications that can deliver extra benefits by sharing information.
Their customers range from investment management firms, through banks of varying size, to two of the three largest building societies.
For further information, visit https://www.whistlebrook.co.uk/.