Shawbrook Bank extends technology partnership with Quinnox

By Bridging Loan Directory 5th November 2020

Shawbrook Bank, the UK’s specialist bank for SMEs and consumers, has announced it has strengthened its strategic partnership with technology firm, Quinnox.

Quinnox, an organisation specialising in data-driven technology solutions, has worked with Shawbrook since 2018 and has provided the bank with development, data, Cloud and business application support.

Shawbrook is ramping up its technology evolution, tapping into Quinnox’s expertise to deliver enhanced cloud services for customers as well as operational effectiveness across the bank.

To that end, the two firms have signed a new agreement which elevates Quinnox’s partnership status with Shawbrook. This will allow more flexibility in the types of software and services Quinnox is able to provide to the bank.

Quinnox has been a critical partner for Shawbrook since being onboarded in 2018 and has worked closely with the bank on several business-critical and strategy-led projects.

Russ Thornton, Shawbrook Bank’s Chief Technology Officer, said:

“The relationship between both organisations and teams has grown year-on-year, and we are very pleased to be extending Quinnox’s remit as part of Shawbrook’s technology evolution.”

Russ continued:

“The Quinnox team is fully integrated into Shawbrook technology and business teams – it also has a Shawbrook branded office space in their Bangalore location.

“In Quinnox, we have a strong and capable partner that is very flexible and able to meet the demands of the Shawbrook business at pace. They are a key scale partner as we look to deliver enhanced cloud services for our clients in the UK as well as driving operational effectiveness across the bank.”

Quinnox – which writes its own software products as well as providing technology services – has successfully supported Shawbrook in several areas across its technology and finance operations.

More recent projects include supporting the bank with technology initiatives following the outbreak of Covid-19, such as launching its online payment holiday application process for customers as well as creating the bank’s digital home working assessment for over 800 staff.

Somnath Chakraborty, SVP & Head of Europe at Quinnox, said:

“The provision of our expertise and support to Shawbrook through this exciting partnership extension will accelerate the bank’s technology fuelled business transformation.

“We are delighted to be strengthening our partnership and we look forward to supporting the bank further to provide optimal value to Shawbrook’s customers.”