London, UK – September 2023

Whistlebrook Limited is pleased to announce that Monmouthshire Building Society (MBS) has chosen to extend its relationship with Whistlebrook for the use of its Effective Interest Rate (WBEIR®), Treasury Management (WTMS®) & Financial Ledgers products(WBF®).

Through the use of a single integrated database, used by all Whistlebrook products, customers are able to see a complete view of their business through data driven analytics. A centralised database, ensures efficiency, consistency and accuracy across the entire Whistlebrook product suite, be that for calculating complex risks calculations, satisfying regulatory reporting obligations or deriving critical business insights.

“The Whistlebrook products we use at MBS allow the Society to complete our complex day to day accounting with accuracy and efficiency. We have worked with Whistlebrook for many years and we look forward to continuing our partnership for the years to come.” says Tom Leach, CFO at MBS

“Andy Hudders, Whistlebrook’s Sales and Marketing Director added: “We are delighted that MBS have chosen to extend their use of our Effective Interest Rate, Treasury Management and Financial Ledgers software. We look forward to continuing our successful partnership with MBS .”

About MBS

The Monmouthshire Building Society was established in Newport in 1869 to meet the needs of the local people. The Society operates through a network of branch and agency offices covering the M4 corridor from the town of Chepstow in the east, to Swansea in the west, offering a range of savings, mortgage, insurance and financial planning products.

MBS are a totally independent regional Building Society and endeavour to apply true mutual principles to all its affairs.

Find out more at monbs.com

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; Single Customer View; Funds Transfer Pricing; Treasury Management; Margin Management and Accounting.

Find out more at whistlebrook.co.uk