Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites.
Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. For avoidance of any doubts and to make it easier, you may consider any links to external websites as sponsored links. Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.


Hampshire Trust Bank (HTB) has migrated all of its customers’ savings and deposit accounts onto Phoebus’ software, enabling increased efficiency and streamlining of the new generation bank’s businesses processes.

PhoebuslogoThis follows the successful establishment of HTB’s asset finance and property development finance books on the tailored loan and savings management system in June. Earlier this year HTB signed a five year contract with Phoebus Software Limited (PSL) to both originate and service its entire asset finance, property development finance and deposits. In addition, it will also use Phoebus Software’s general ledger module.

This latest migration means the savings and deposit accounts are now integrated into one banking system which also supports the asset finance and development finance loan portfolios, providing HTB with a single holistic view of its business.

Richard Pike
Richard Pike

Phoebus Software Limited’s sales and marketing director, Richard Pike, says “The acquisition of Hampshire Trust Bank by Alchemy Special Opportunities Fund II LP back in May this year provided the organisation with the opportunity to review what systems it needed for the future in order to offer a streamlined and efficient process that will help to set them way above the competition. The Phoebus solution was found to be the answer, providing the Bank with originations, servicing and collections across multiple product streams.”

Mark Sismey-Durrant, CEO of Hampshire Trust Bank adds, “The proven functionality of the Phoebus solution compared to other suppliers was a key factor in our decision making process. Choosing Phoebus has proven to be justified given the very successful migrations that we have undertaken, and the resulting efficiencies. We find PSL to be very pragmatic in their approach and this makes them easy to work with. We look forward to a long and beneficial relationship with PSL.”