June 2010

Within the last month SPRiNG has been installed at two more banks in readiness to provide Bank of England and FSA reporting. We are very pleased to welcome them to the growing list of SPRiNG users and look forward to establishing a good working relationship with both.

Havin Bank Ltd - 'Specialists in the provision of wholesale banking services for the Cuban market'.

Havin Bank was authorised to operate as a bank in August 1973 and was the only bank with entirely Cuban capital established outside Cuba. Since 1995 they do now have a representative office within Cuba.

The SPRiNG regulatory reporting software was recently installed at their London office. A project is already underway to integrate SPRiNG with their source systems. Once complete Havin Bank will be using SPRiNG for all its regulatory and liquidity reporting.

Mitsubishi UFJ Trust and Banking Corporation (MUFJ)

MUFJ was born out of the merger between The Mitsubishi Trust and Banking Corporation and UFJ Trust Bank Limited back in October 2005. And since then has been keen to establish itself as the highest quality trust bank in Japan, as well as the largest.

MUFJ will be using SPRiNG, which was installed in early June, to provide its required reporting to the Bank of England and FSA. Work will begin shortly on the import project to link SPRiNG with their source systems.

Whether you are a current customer or a new enquiry, should you wish to discuss regulatory reporting, liquidity reporting and/or automated imports, then please do contact Andrew Corsi T. 01453 751252 (andrew.corsi@spring.co.uk).