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Alexander Sloan gets New Year off to flying start with major improvements to Credit Union toolkit PDF Print E-mail
Tuesday, 02 February 2016

Alexander Sloan, the Chartered Accountant and Business Adviser, is bringing in the New Year with major improvements to its sector-leading risk evaluation toolkit aimed exclusively at the credit union sector.


It has launched a comprehensive update of its Credit Union Risk Evaluation software called CURE+ which will keep credit union staff and directors up to speed with compliance requirements in Britain's most inclusive and community-based financial institutions.

It is a key part of Alexander Sloan's recognised contribution to its many clients in the credit union sector which, in Scotland alone, has one in 20 of the population as a member, and one in five in the major city, Glasgow.

Steven Cunningham, Technical Partner and Head of Credit Union Services at Alexander Sloan, said: "Credit unions play a vital role in creating accessibility to financial services for people who might otherwise be excluded.

"There are 113 credit unions in Scotland serving more than 250,000 people. They have attracted £200 million in savings and have £170m out on loan. UK-wide, total assets are in the region of £1.32 billion.

"At Alexander Sloan, we act for many credit union clients, and we are continually looking to improve our services. With this aim, CURE+ introduces many new features, particularly in relation to compliance."
 

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