The Tipton

Since it was founded in 1901, the Tipton and Coseley Building Society has developed a reputation for going the extra mile for its customers.

The Situation

As a long standing ALMIS® International client, The Tipton has installed the full range of software over the years. This includes the ALMIS® modules, Cobalt® and they are now hosted on the ALMIS® Cloud platform. Lorraine Shalley, Financial Risk and Regulatory reporting Manager for the building society, says that they use the ALMIS® software in many areas of their business.

‘ALMIS® Hedge Accounting is a strong easy to use module with a lot of flexibility and functionality especially on the interest rate risk side. We also complete our regulatory reporting and COREP on ALMIS® and plan to use it for our Bank of England returns. And since moving to the ALMIS® Cloud hosting platform we’ve enjoyed many benefits. It’s quick and reliable and all the software updates are actioned quickly by ALMIS® International.’

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The Solution

Andy Lumby, Finance Director at the Tipton, is impressed with ALMIS® International’s flexible and agile support service and says that the software works well and does everything they need it to do.

‘ALMIS® Hedge Accounting is a strong easy to use module with a lot of flexibility and functionality especially on the interest rate risk side. We also complete our regulatory reporting and COREP on ALMIS® and plan to use it for our Bank of England returns. And since moving to the ALMIS® Cloud hosting platform we’ve enjoyed many benefits. It’s quick and reliable and all the software updates are actioned quickly by ALMIS® International.’