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With unparalleled experience in the creation of strategic solutions through simulation in the financial services industry, VeriSIM solutions are used by some of the world’s most innovative and successful organisations.
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Our business is built on a clear understanding of the challenges facing financial services organisations today – and a proven view of how we can help. Information about some of VeriSIM’s clients, relevant case studies of solutions VeriSIM has provided for them, and links to their online simulations are available below.
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Bank of ScotlandFrom its creation by Act of Parliament in 1695, Bank of Scotland is a leading provider of banking and financial services. Following its merger with Halifax to form HBOS plc, the HBOS Group now employs over 17,000 people in Scotland and around 68,000 across the UK. Beyond the UK, Bank of Scotland has offices in Germany, France, Spain, the Netherlands and the Republic of Ireland. |
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Bright GreyBright Grey is a division of Royal London – The Royal London Group has funds under management of approximately £24.5 Billion. It has around 3.5 million policyholders and employs over 5,500 people. |
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Clydesdale BankClydesdale Bank was founded in 1838 with a head office in Glasgow and a single branch in Edinburgh. Since then they have grown into one of the leading Scottish banks with a network of over 150 branches throughout Scotland, in London and the North of England, as well as access to some of the most advanced 'ATM's in the UK.
Clydesdale Bank was accredited with Investors in People along with the whole of the group's UK operations in 2005, reflecting the value the Bank places on training and developing its people. In addition, they were voted "Best Mortgage Lender in Scotland" 2005 by Your Mortgage Magazine, an award which they have won for the past two years.
Since 1987, the Clydesdale Bank have been a member of the National Australia Bank, an international financial services group which at September 2005 had assets of more than £180 billion, almost 8 million banking customers and more than 2.3 million wealth management clients. |
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Dunfermline Building SocietyDunfermline Building Society was established in 1869 and currently has 33 branches and 41 agencies, covering Scotland from Kirkwall in the north to Castle Douglas in the south; from Paisley in the west to Tranent in the east; Head Office is in Dunfermline.
Over 350,000 members enjoy branch-based, postal and telephone service while the Society’s website www.dunfermline-bs.co.uk provides on-line information on rates and community involvement. Services include a range of investment and lending products, both residential and commercial, together with the provision of insurance services, personal loans, credit cards and foreign currency. |
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Halifax PlcWith assets of £186 billion and now part of HBOS plc, the Halifax is one of the UK's leading personal financial organisations and is the market leader in mortgages and savings. With around 20 million customers it has a relationship with 2 out of 5 households in the UK. The Group, which also includes Intelligent Finance, Clerical Medical, Birmingham Midshires, e-sure and St James Place Capital, offers a range of financial services including mortgages, savings, long term savings and investments, home, motor and creditor insurance, retail banking, consumer credit and sharedealing. |
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HSBCHeadquartered in London, HSBC Holdings plc is one of the largest banking and financial services organisations in the world. HSBC’s international network comprises nearly 10,000 offices in 76 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. |
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Intelligent FinanceIntelligent Finance is a division of Halifax plc, which merged in September 2001 with the Bank of Scotland to form a new banking group called HBOS. Since its launch in September 2000, it has provided a range of banking services, and created a radical new approach to personal finance. It has since become one of the country's leading direct banks. |
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Lloyds TSBLloyds TSB is a leading UK-based financial services group, which was created in 1995 following the merger of the TSB Group and the Lloyds Bank Group. Its businesses provide a wide range of banking and financial services in the UK and overseas, principally through branches of the Lloyds TSB Bank and its wholly owned subsidiaries, Cheltenham & Gloucester and Lloyds TSB Scotland. |
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Nationwide Building SocietyThe Nationwide Building Society has dual origins that lie in Northampton (1848) and within the co-operative movement in London (1883) respectively. Over a hundred mergers later with the most notable merger between the Nationwide and the Anglia Building Societies in 1987 The Nationwide Building Society is now the world's biggest building society with over 875,000 new customers last year.
The Nationwide Building Society are the UK's second largest savings provider, and already help one in every six UK children who save, they are the fourth largest mortgage lender in the UK with over 1 million mortgage customers, the UK's 7th largest high street financial organisation and since 1996 they estimated that they have delivered over £4 billion to members in better interest rates and lower charges. |
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OneVuOneVu was created to develop and promote online bill viewing and payment through UK High Street banks. In a unique joint venture, OneVu combines the recognised operational excellence of Voca (formerly BACS Ltd) with the global electronic billing experience of CheckFree Corporation. |
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Sainsbury's BankSainsbury’s Bank opened for business on 19 February 1997as a joint venture with Halifax Bank of Scotland (55% Sainsbury’s, 45% HalifaxBank of Scotland). Sainsbury's Bank has been named as the "Best Overall Provider" for the second successive year in the 2004 Your Money Direct Awards, selected by a panel of consumers and industry judges. The awarding panel noted that "Sainsbury's Bank excelled in every category it entered". |
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Standard CharteredStandard Chartered employs 30,000 people in over 500 locations in more than 50 countries in the Asia Pacific Region, South Asia, the Middle East, Africa, the United Kingdom and the Americas. It is one of the world’s most international banks, with a management team comprising 70 nationalities. Standard Chartered is listed on both the London Stock Exchange and the Stock Exchange of Hong Kong and is in the top 25 FTSE-100 companies, by market capitalisation. |
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Tesco Personal FinanceTesco Personal Finance, the financial services arm of the UK's number one supermarket chain, was launched in July 1997 and offers a combination of Internet, supermarket and telephone banking. Tesco Personal Finance now has over 4.2 million customer accounts and provides a range of low cost, value for money financial services. It is a joint venture between Tesco Stores PLC and The Royal Bank of Scotland Group plc. |
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The Royal Bank of ScotlandThe Royal Bank of Scotland Group, founded in 1727, is one of Europe’s leading financial services groups. By market capitalisation it is the second largest bank in the UK and in Europe and ranks sixth in the world. It has more than 22 million UK personal customers, 2,273 UK branches and total assets at 30 June 2004 of £519 billion. The Group employs over 125,000 staff worldwide. |
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Yorkshire BankYorkshire Bank was founded in 1859 in Halifax, West Yorkshire, by Colonel Edward Akroyd as a philanthropic organisation aimed at providing a means of saving for the working classes. During the late 19th century the Bank became known as Yorkshire Penny Bank and by 1866 the number of branches reached their peak at 955 and, in 1874, the first school banks were launched. Yorkshire Bank developed into one of the most profitable regional banks in the UK and, since 1987, they have been a member of the National Australia Bank, an international financial services group which at September 2005 had assets of more than £180 billion, almost 8 million banking customers and more than 2.3 million wealth management clients.
Today The Yorkshire Bank, part of the National Australia Bank Group, combines global strength with the local service of a well established regional bank. The Bank offers a range of services for personal and business customers, combining qualities developed in over 140 years of service with a modern approach to financial services. They are the principal English arm of the National Australia Bank Group's UK operations. With its head office based in Leeds, the Bank has a network of over 190 retail branches which stretches from Newcastle in the north to London in the south, Hereford in the west to Peterborough in the east. | |
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