Together hires Clarke as chief operating officer
By Roger Baird 10
th May 2021 2:56 pm
Specialist lender Together has hired Darren Clarke as the group’s Commercial Finance chief operating officer.
The Cheshire-based firm says industry veteran Clarke “will have responsibility for the lender’s Commercial Finance operational processes and infrastructure to support its ambitious growth strategy”.
Clarke joins from Letchworth-based Redwood Bank, where he worked as director of operations for the challenger since its launch in 2017, providing funding for small and medium-sized businesses.
Prior to that, Darren held positions in retail banking and commercial finance during a 20-year career at HSBC before joining Santander where he led business banking transformation, among other roles.
Another senior appointment has been made by a Challenger Bank, as it secures a new Director of Operations with nearly 20 years’ experience in the financial services sector.
By Aran Dhillon, Local Democracy Reporter
Town Hall TOWN Hall chiefs have denied they were told the value of a council-backed bank was ‘depressed’ compared to expectations. Warrington Borough Council has paid around £30 million to buy a 33 per cent share in Redwood Bank. But it failed to sign off its 2017-18 statement of accounts before the deadline of July 31 in 2018 due to a valid objection questioning whether the investment was legal. As reported in September, auditor Grant Thornton found no ‘clear evidence’ that the Labour-run authority acted unlawfully in making the investment. The accounts have still not been signed off following ongoing delays.
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Posted on March 4, 2021 by Nick Farrell - News
Banking software provider, DPR, has announced its latest technical partnership with Six Degrees as it continues to expand its Microsoft Azure integration.
The new partnership adds additional strength to DPR’s existing Azure hosting and managed services. It uses Six Degrees’ cloud pedigree, security capabilities and track record in working with the financial services sector to provide DPR clients with performance, agility, security and cost benefits across the DPR applications.
DPR said it is committed to improving client experience and ensuring its clients remain at the forefront of the banking sector. The group claims it has invested heavily in developing its technologies and expanding its Azure offering, including becoming a Microsoft Cloud Solution Provider (CSP), to deliver Origination and Servicing of Mortgages, Savings and Loans as a fully managed service.