Cashfac Technologies (“Cashfac”) the global provider of back office operational cash management software has strengthened its relationship with Curtis Banks Group (“Curtis Banks”).  The new relationship supports the Curtis Banks treasury function, efficiency of the process and has the multibank capability. 

Curtis Banks is one of the UK’s largest self-invested pension providers with over 82,000 clients and has been a long-term user of Cashfac, through one of Cashfac’s bank partners.  Following this recent transition, Curtis Banks is now a direct customer of Cashfac, ensuring their future business and customer requirements will be met by the latest Cashfac Technology and supported by the dedicated Cashfac team. 

Richard Cummings, CEO at Cashfac, commented: “We are very happy to consolidate our relationship with Curtis Banks. The Cashfac solution is designed to sit as the cash control “hub” at the centre of a SIPP provider or wealth manager’s best of breed back-office systems architecture, and we look forward to helping Curtis Banks to deliver its vision for achieving its key strategic goals.”

Dan Cowland, Chief Financial Officer, Curtis Banks, said: "Curtis Banks is committed to the self-invested pension sector and as a business we continue to innovate and invest in our systems, processes and our staff.  We have committed to spend £5mn in technology development over a 5 year period as this is a key differentiator for us and for the financial advisers we work with."

“Since 2009 we’ve grown through a combination of acquisitions and organic growth, and have maintained our focus on robust service, modern technology and innovation throughout.  Our treasury management function is a key part of this and by using Cashfac we are able to use one system, which enables us to pool our clients’ money and obtain the best rates and returns for them.  The system provides a multibank facility which is useful for us given our acquisition strategy and makes our cash management highly efficient.” 

Cashfac continuity through COVID-19 - From the onset of the Coronavirus pandemic, Cashfac is pleased that ALL Cashfac services have operated without interruption. Like many businesses, we have taken significant steps to safeguard our staff and maintain our high customer service levels. More information on the steps taken is available on our latest Coronavirus – COVID19 Business Continuity Provisions update.