Bendigo and Adelaide Bank to secure growth opportunities with White Clarke Asia Pacific’s Back Office Solution

Bendigo and Adelaide Bank has succeeded in weathering the global economic crisis better than most and is strongly placed to continue its strategy for growth – opening more than 20 new branches each year and attracting more than 10,000 new customers each month.

To underpin its growth, Bendigo and Adelaide Bank is migrating its back office systems to the industry-leading solution from White Clarke Asia Pacific – first stage of a multi phase back-office consolidation.

“Our distinctive identity as Australia’s leading customer-connected bank plays a big role in our success,” says Phil Baranski - Group Credit Risk - Bendigo and Adelaide Bank, “ and that means our back-office systems need to give us the flexibility to continually enhance our customer offerings. The White Clarke Group product offers all the functionality and flexibility we need to keep developing new market-leading products. It also gives us a proven platform for growth.”

White Clarke Group’s solution includes the flexibility to offer all forms of repayment structuring through to the sophisticated irregular structures demanded by seasonal markets - whether offering Standard P&I structures, along with Interest Only, Interest Only to P&I Switch, Interest Free and Fixed Principal Reduction repayment structuring are supported.

"We are pleased to expand our offerings and to add such a dynamic organization as Bendigo and Adelaide Bank  to our growing base of specialised finance clients" said Colin Fleischmann, Associate Director - Sales and Marketing, White Clarke Asia Pacific. "We welcome the opportunity to offer our Back Office solutions to specialised finance companies of any size and our global reach means we can do so around the world."

“From a group perspective, we are delighted with our growing customer base in Asia Pacific and around the world. The good news from Bendigo and Adelaide Bank comes hot on the heels of our global launch of CALMS2 “

Brendan Gleeson, Group Sales & Marketing Director, White Clarke Group

About White Clarke Group’s Back Office Solution

White Clarkes’ Back Office is a scalable system that covers the entire spectrum from Finance Lease, Maintenance and Operating Lease, Hire Purchase, Personal Loans, Insurance Premium Funding to Mortgages.

The White Clarke solution provides a secure, robust, proven system, with all the comfort of a customized fit that can be integrated with its front office and other enterprise systems.

About Bendigo and Adelaide Bank Limited

The Bendigo and Adelaide Bank Group was formed in November 2007 as a result of the merger between Bendigo Bank and Adelaide Bank. A publicly listed company, the group is owned by more than 82,000 shareholders.

Bendigo and Adelaide Bank has assets under management of more than $47.1 billion and market capitalisation of around $3.3 billion.

Visit their website