Posted on: June 28, 2018

London, UK – June 2018 – Whistlebrook Limited is pleased to announce that Kingdom Bank has chosen Whistlebrook’s auto populate, and integrated regulatory reporting system, WIRES Plus, to replace their existing system.

WIRES Plus meets the reporting requirements of organisations of all sizes and is recognised by both the Financial Conduct Authority and The Bank of England as a means of electronically submitting regulatory returns. The system is available to run in house, hosted or on the Cloud.

Matt Slack, Kingdom Bank’s Finance Director said “Kingdom Bank needed a reliable and cost effective solution to ensure its regulatory reporting obligations were managed more efficiently. Whistlebrook has a proven track record in the field and we were pleased to utilise the firm’s expertise for our regulatory reporting requirements. The project ran very smoothly and to budget. Whistlebrook dealt with our issues efficiently and we are now very pleased to be live on WIRES Plus.”

Andy Hudders, Whistlebrook’s Sales and Marketing Director added: “We are delighted that Kingdom Bank has chosen the Whistlebrook WIRES Plus system. Kingdom Bank and Whistlebrook have now completed a very successful project and we are pleased to welcome Kingdom Bank to the ever growing WIRES community.”

About Kingdom Bank

With over 60 years’ history, Kingdom Bank has a rich heritage on which to draw. Today the Bank remains wholly owned by the Charity that formed the Bank, is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Kingdom Bank provides mortgages for the purchase, building and redevelopment of churches and other church buildings, and offers a range of mortgages for ministers, church workers and missionaries. The Bank has launched ‘social return’ mortgages, to enable both churches and individuals to buy properties that can be used for the benefit of the disadvantaged or those with special needs. The Bank also offers a wide selection of savings accounts for individuals, churches and charities. In addition the Bank are insurance brokers and advisers providing a specialist service for churches and charities.

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About Whistlebrook

Founded in 1997 Whistlebrook is a leading provider of back office software solutions to the financial services industry. These software solutions have been developed with financial institutions to solve particular business problems, provide business insights and improve efficiency. The software solutions comprise of a portfolio of back office applications that cover such areas as: Regulatory Reporting; Effective Interest Rate calculation; Hedge Accounting, Single Customer View; Funds Transfer Pricing; Treasury Management; Margin Management and Accounting.

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