In Reference Appointments & Updates
The University of Warwick has received one of its largest donations from an individual to establish a new fintech research centre. The £3m donation has been made
by Clive Gillmore, founder and group chief executive of Mondrian Investment Partners and an alumnus of the University of Warwick. The Gillmore Centre for Financial
“Our solution, like all automation software, l-r: Stuart Croft, Clive Gillmore, Andy Lockett
Technology will be housed at Warwick Business School and will bring together the school’s existing research in the area along with a host of new appointments. Mr Gillmore’s donation will fund an academic director, a post-doctoral
researcher and a PhD scholarship programme and will look to attract world- class talent from the UK and overseas to WBS. “I have a huge affection for Warwick,” said Mr Gillmore. “Its progress over
the past 50 years has been nothing short of remarkable and I have always sought to play a role in continuing its journey towards becoming one of the world’s best.”
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Redwood Technologies are pleased to be accepted onto this Government
initiative for the fourth year running. It is a real recognition of our capability to deliver virtually limitless scalability, unmatched integration and industry-leading AI for the UK public sector.”
Konica Minolta Business Solutions (UK) has announced the launch of its new intelligent invoice processing cloud service which achieves new levels of efficiency, performance, and accuracy in accounts payable automation through a combination of human and artificial intelligence. Francis Thornhill, Konica Minolta’s
marketing director – intelligent information management and managed IT services, said: “Accounts payable remains a world of part-automation with 85% of an average accounts payable professional’s time still spent on transaction processing. Despite a huge number of AP automation solutions on the market, real world automation levels in many cases remain too low and exceptions too high. “Around two-thirds of invoices require
some level of human intervention and 5% have errors. Standard OCR and automation will fail to address these issues. Our combination of artificial and human intelligence, which is included in the basic service, ensures even poor-quality invoices
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are captured and automated correctly without burdening the customer with exceptions and manual entry.”
Manpower France has taken on Aimie, Sidetrade’s artificial intelligence system. With an annual income of €4bn per year,
Manpower France collects 1.3 million receivables from 80,000 companies. To handle this volume, and increasingly complex payment procedures, Manpower’s Finance department started using Sidetrade technology in 2013.
was based on a set of predetermined scenarios, which needed to be regularly revised by business experts. On top of this, Sidetrade added artificial intelligence, which exploits the profusion of data available on customer payment behaviour, to provide financial teams with the best possible recommendations in real time,” said Jean-Cyril Schütterlé, chief product officer at Sidetrade.
The Credit Services Association has won the Excellence in Training Award at the 2019 Collections and Customer Service Awards. The association was recognised for a
string of achievements over the last 12 months, most notably the development of a new learning programme for five new niche apprenticeship standards for Financial Services and Regulatory Compliance, including standards that specifically address the needs of the debt collection and debt purchase industry. Fiona Macaskill, head of learning and
development, said: “The award recognises the CSA’s growing reputation as the ‘go to’ training provider in Compliance and Risk and Credit Control and Collections. “The association has developed strong
partnerships with a range of Professional bodies including the Chartered Institute of Credit Management, the International
Zephyr Homeloans has been appointed to the Legal & General Mortgage Club lender panel to enable appointed representatives and authorised advisers access to the lender’s buy to let products. Paul Fryers, managing director at Zephyr Homeloans,
said: “We are delighted that Zephyr Homeloans is joining the Legal & General Mortgage Club and look forward to working with its team and providing further buy to let product options and solutions to members of the club in what is a constantly evolving market.” Danny Belton, head of lender relationships, Legal & General Mortgage Club,
Paul Fryers
said: “We are always looking to engage with new lenders that will offer value to our members and are pleased that Zephyr Homeloans has now joined the Legal & General Mortgage Club panel. “Zephyr’s new specialist buy-to-let mortgage products will further enable us
to offer quality, choice and competition for our members within the highly competitive mortgage market as well as connecting lenders, advisers and other providers in the mortgage process.”
www.CCRMagazine.com November 2019
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