FinTech Magazine June 2019 | Page 14

HAMPSHIRE TRUST BANK

With its mantra of ‘ excellence through specialism ’, SME-focused Hampshire Trust Bank is undergoing a digital transformation journey to improve efficiency , collaborate with fintechs and enhance the customer and broker experience

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H ampshire Trust Bank ( HTB ) is a specialist bank staffed by experts focused on helping UK businesses realise their ambitions . The bank ’ s primary operations are development finance and specialist mortgages , and specialist business finance , focusing on wholesale , block-discounting , classic cars and other asset finance categories . HTB also provides award-winning savings accounts to individuals and businesses . Russ Fitzgerald , Chief Information Officer ( CIO ) at HTB , discusses the digital evolution of the bank : “ Although the bank was initially established back in the 1970s in Hampshire , it was acquired by private equity investors in 2014 . Soon after , it moved to London and has been successfully growing its business since , moving to its current Bishopsgate headquarters in 2017 .”

Fitzgerald joined HTB in April last year as an IT Director and soon progressed to CIO in September the following year . “ I was introduced to HTB having spent the last 20 years or so working for large financial institutions . After I left my previous role I felt less attracted to the larger institutions and wanted to work for a smaller bank where I could play a greater part in defining and delivering the
JUNE 2019