MORS Software, a firm focused on Treasury, ALM and Liquidity Risk Management solutions, is pleased to announce its latest partnership with Monument Bank, a digital bank based in the United Kingdom.
This collaboration signifies Monument Bank’s adoption of MORS Treasury Management System, a solution designed to “enhance financial operations and risk management capabilities.”
Niklas Fellman, CCO of MORS said:
“At MORS, we provide neobanks with advanced yet user-friendly TMS tools that bolster their ability to analyze financial outcomes and manage risks across varying market conditions.”
Monument Bank selected MORS for its expertise and technology.
The MORS Treasury Management System offers real-time visibility, risk assessment, and decision-support tools that are “essential for digital banks aiming to excel in a competitive landscape.”
Caroline Richardson, Chief Financial Officer of Monument Bank said:
“Their treasury solution not only fits our current needs but also scales with our future ambitions.”
This partnership marks a milestone for MORS and Monument Bank as they work to navigate the “complexities” of the financial industry.
By leveraging MORS’s systems, Monument Bank aims to strengthen its market position and continue providing service to its customers.
MORS Software is a provider of Treasury, Liquidity risk management, and ALM solutions designed for the banking sector.
MORS Software helps financial institutions achieve “transparency, regulatory compliance, and operational efficiency.”
Monument claims that it is the first neo-bank to be launched in the UK specifically to meet the “unmet demands of mass affluent clients – approximately 7 million professionals, entrepreneurs, and others – who are seeking a bank to help them save and grow their wealth (which is estimated at c.£6 trillion in the UK and £80 trillion globally).”
The Bank received its “full” banking license in Nov 2021 and launched its app and savings products to the market in 2022.
Monument joined the 2024 Future Fifty cohort and became part of the UK’s program for pre-IPO firms.