Subsidiary company to provide software to financial services clients

Cyber risk

Sterling Insurance Group has announced a new subsidiary company, Sterling Technologies, which has been set up to increase the group’s focus on, and investment in, software development.

The company aims to build on its current provision of IT services to the financial services industry, and already works with Barclays, Lloyds Banking Group, RBS, CUNA Mutual and John Lewis.

Sterling Technologies’s main offering is the construction of bespoke software solutions for financial services clients. The company, which is based in Kent, also offer hosting capabilities and helpdesk support for the client specific applications.

Sterling Technologies director Tony Pritchard said: “I’m proud to announce the launch of Sterling Technologies. We have found that many of our larger clients struggle to launch new products or processes within timeframes that suit them. They have been extremely pleased that we offer the capability to provide a new platform for them faster than either their own overloaded IT departments or a traditional software house which might not have the insurance and regulatory understanding required.

“As a result of our insurance specialism, we are used to working fast within stringent security and regulatory frameworks. The fact that our team of project managers, business analysts, infrastructure experts, developers and testing specialists, work together on one site in King’s Hill, Kent, allows us to dramatically improve on the quality and speed of delivery that our clients are used to. All of our people have detailed knowledge of the insurance industry combined with superb technical skills, and we can bring this knowledge and experience of technology to shape solutions which exactly meet our clients’ needs.”

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