Chetwood Bank has partnered with Sandstone Technology to launch an innovative digital savings platform, meeting urgent market needs with a swift, compliance-driven approach. This collaboration enabled the successful rollout of a fully integrated solution, setting a new standard for rapid implementation in the financial sector.
Faced with the challenge of launching their easy access savings product quickly, Chetwood Bank turned to Sandstone Technology for their proven expertise in digital banking. The partnership focused on delivering a cloud-first, regulatory-compliant platform that aligns with Chetwood’s strategic vision.
Fast-Tracked Implementation in Record Time
In just seven months, Sandstone Technology worked closely with Chetwood Bank to integrate its cutting-edge SaaS savings origination platform, BankFast Apply, and its online servicing platform, BankFast Online, seamlessly into Chetwood’s Core Banking system.
Jennifer Harris, Chief Customer Officer at Sandstone Technology, shared:
“We’re proud to collaborate with Chetwood Bank on this transformative project. From the outset, this partnership exemplified teamwork and shared purpose. Together, we delivered a solution that not only met compliance standards but also aligned perfectly with Chetwood’s strategic goals. As the financial services sector evolves, banks need agile, cloud-first solutions that drive customer value while adhering to regulations. This project demonstrates how collaboration can yield outstanding results in a short timeframe.”
A Strategic Partnership Built on Trust
Carly Morris, Head of Savings at Chetwood Bank, praised the collaboration:
“Our decision to work with Sandstone Technology was based on their ability to deliver a fast, compliance-ready solution tailored to our needs. Their close collaboration with our team was instrumental in creating a digital savings experience that exceeded our expectations in terms of speed and efficiency.”
Unlocking Value Through Collaboration
The partnership highlights the power of shared vision and teamwork in the financial industry. By aligning on strategy and objectives, Chetwood Bank and Sandstone Technology successfully delivered a robust, customer-centric savings platform on schedule.
This achievement reinforces the importance of innovative, collaborative approaches in addressing market demands and regulatory requirements while enhancing customer experiences.
—————————————————————————————————
About Innovation Streets:
Welcome to InnovationStreets.com! Get the latest insights from the finance and technology industries. Discover industry updates on fintech innovations, regulatory developments, industry insights, events, and collaborations between banks, insurers, and fintechs. A platform for C-level executives to submit thought leadership content for their peers. Subscribe for updates!
