The society has historically used manual processes and spreadsheets to capture, manage and report on compliance, risk management and regulatory change across the business.

TriLine GRC will be implementing the society’s solution for compliance and risk management, alongside its Triage PRO regulatory horizon scanning module.

The solution will provide The Melton with a framework to underpin enhanced GRC processes across the business.

Nicola Walker, chief risk officer at The Melton Building Society, said: “As part of our growth and operational resilience improvement strategy, we will be upgrading our risk and compliance processes, workflow and reporting with the implementation of a new GRC system.

“TriLine GRC will provide us with a long-term solution that can adapt and scale based on our growth and evolving GRC requirements.”

Ian Wilson, director of sales at TriLine GRC, added: “TriLine GRC is the complete governance, risk and compliance solution (GRC) and we are delighted The Melton Building Society has selected TriLine’s GRC and Triage PRO regulatory horizon scanning solution to embed and underpin improved governance efficiencies across their business.

“The Melton is the ninth UK building society to place their trust in us and we look forward to supporting them roll-out and maximise the full scope of our solution functionality.”