Cortell announces the signing of Teachers Mutual Bank Limited to the CoreBIS APRA governance and reporting application

Teachers Mutual Bank Limited is one of the largest customer owned banks in Australia. The Bank has four divisions that support niche essential workers sectors: Firefighters Mutual Bank, Health Professionals Bank, Teachers Mutual Bank and UniBank. Collectively, Teachers Mutual Bank Limited has over 220,000 members and over $8b in assets, making them a strong bank of choice for the sector.

Glenn Sargeant, CFO, Teachers Mutual Bank Limited said: “Regulatory reporting obligations are complex and in a state of constant change. Teachers Mutual Bank Limited has elected to move forward with Cortell and the CoreBIS platform as it removes complexity from the end to end process. It provides the governance and controls to give us the assurance and business support we need when meeting these obligations. CoreBIS goes beyond the reporting aspects and provides the transparency and functionality to manage the data, business processes and user collaboration that we were looking for.”

James Corner, Product Manager of CoreBIS said: “We are very excited to have Teachers Mutual Bank Limited onboard with CoreBIS. CoreBIS has exceptionally strong customer advocacy, demonstrating the value the solution provides to our clients. The value proposition goes far beyond the reporting obligations of an entity, and Teachers Mutual Bank Limited see and appreciate the value the application solution approach will bring them now and into the future. Cortell is excited to be working with Teachers on another successful deployment of the CoreBIS application.”

About Cortell Australia

Cortell is a Business Performance Management practice that helps customers improve visibility, transparency, accuracy and efficiency for all aspects of the business performance management and decision making cycle. We have developed invaluable expertise in many industry sectors over the years delivering on premise and cloud based solutions. Our projects leverage the IBM Business Analytics range of solutions including IBM Planning Analytics (TM1), IBM Cognos Analytics, SPSS and the Watson range of applications. Our consultants have delivered hundreds of solutions to organisations in all industry sectors & functional areas.