Ep268: Why Teachers Building Society chose Finastra to build its new digital core bank

Simon Beresford, Chief Executive Officer, Teachers Building Society; Anand Subbaraman, General Manager Banking, FinastraTeachers Building Society has selected Finastra’s Fusion Essence Cloud to deliver a new digital core banking service, including pre-built integration with software specialists BEP Systems, for origination, and Fairmort, for regulatory reporting. The building society, which is the first such lender to invest in Finastra’s SaaS solution, is unusual in that it does not serve a geography but instead serves a profession. It was established to offer mortgages to those in the education sector in the UK. Robin Amlôt of IBS Intelligence speaks with Simon Beresford, CEO of Teachers Building Society, and Anand Subbaraman of Finastra.