Chorley Building Society has entered into a strategic partnership with Tata Consultancy Services (TCS) to transform its core banking system and front-end digital platforms.

TCS will provide TCS BaNCS for core banking, digital home lending solution for mortgage origination and a mobile app.

The society has announced growth plans and views this investment as being strategically important to achieve these plans.

Chorley Building Society chief executive Stephen Penlington says: “We are very proud of our mutual values and our Member-centric approach at Chorley Building Society.”

“It was important to us that we found a partner that could support our ambitious growth plans, whilst sharing our core values. We are delighted to have found this with TCS, who have the technology to deliver our digital transition and share an ethical approach to business.”

TCS head of UK and Ireland Amit Kapur adds: “We are delighted to be partnering with Chorley Building Society, bringing our innovative approach and solutions to help them transform and grow.”

“TCS is uniquely positioned to help through its TCS BaNCS for Core Banking and TCS Digital Home Lending Solution, designed to help Building Societies in the UK to seamlessly migrate from legacy systems to a fully functional digital platform.”

“This will enable an intuitive and state-of-the-art digital experience for building society members, while ensuring resiliency and availability across multiple channels.”

“Our partnership with Chorley Building Society builds on TCS’s recent success and track record of delivery for building societies, credit unions and other financial organisations in the UK.”