Nationwide

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A professional software services partnership

The challenge

Nationwide is the largest building society in the world. While retaining its mutual status, it has established a track record of innovative financial products and services, supported by some of the most advanced technology in the finance sector.

Nationwide's Technology Division needed to undertake a number of vital technology projects in a short time frame. The importance and complexity of these projects demanded managerial and technical excellence, but Nationwide's own resources were fully committed. Having been impressed with IPL's ability to provide staff of a very high calibre, Nationwide elected to appoint IPL as a software development and consultancy partner.

The solution

IPL was able to quickly deploy experienced and professional project managers, business analysts and technical staff, at a cost well below typical consultancy rates. IPL's understanding of Nationwide's systems and, more importantly, its business has lead to quick assimilation of IPL staff within Nationwide's team. This close partnership is the hallmark of IPL's approach and is responsible for the timely completion of the following work:

• Web interface for customers applying for new accounts
• Web services for on-line Bond system
• Child Trust Fund development
• Euro compliance of Sharesave administration system
• AVC pension scheme migration
• Bank of England compliance with UN sanction regulations
• Banking and Savings systems European Monetary Union compliance
• Euro conversion of Travel Money system
• End of Calendar Year statement activities
• EU Savings Directive compliance
• Interface to Enterprise Workflow Management system
• De-duplication of Direct Savings rate change notification letters
• Discontinued Investment accounts, compliance with Code of Banking Practice

The highlights

The projects that IPL has undertaken for Nationwide were completed on time and to budget. Nationwide and IPL are now taking the partnership to a new level with the commencement of work on some new and ambitious projects, at the very heart of Nationwide's products. Such confidence in IPL derives directly from our track record and our ability to plan, manage, and deliver the required system in the financial sector's demanding timeframes.

“IPL has proved to be a reliable provider of high quality staff. Their people have blended easily with our developers and produced high-performance project teams. We are delighted with the results.”

Dr Michael Humphreys
Divisional Director, Technology,
Nationwide Building Society.