Hampshire Trust Bank (HTB) has adopted DPR’s saving solution origination and servicing.

DPR’s saving solution covers all the modern needs for financial institutions to serve corporate and retail savings customers.

The cloud-hosted solution boasts a breadth of features including digital journeys, multi-channel access via desktop and mobile devices, back-office automation and extensive integrations.

The partnership will see HTB replace its existing legacy savings platform with DPR’s savings solution.

It will also enable HTB to reduce the costs of onboarding new customers, remove manual work processes for its staff and utilise the latest integrations for open banking.

Nick Lawler, sales director at DPR, said: “We are extremely pleased to announce this exciting partnership with Hampshire Trust Bank – they are a bold and innovative UK bank with big plans in customer service and digital innovation.

“We look forward to working closely with the savings team on this new partnership and supporting Hampshire Trust Bank’s continued growth within the savings sector”.

Stuart Hulme, savings director at Hampshire Trust Bank, added: “HTB is on an impressive growth trajectory as we strive to become the go-to bank in our chosen markets.

“The deployment of the best in digital and customer solutions are at the heart of our ambitious expansion plans and play a key role in the continued enhancement of our proposition.

“Our partnership with DPR will ensure we can meet our ambitious plans by enabling us to serve customers better and by upgrading our operational capability.”