In June 2019, the Bank of England published the report “The Future of Finance” with the commitment to become a world-class RegTech authority. As one of the first steps, the institution set up the goal to find a technology to use information in a more effective and efficient manner. That’s when the story of the collaboration with Squirro begins.
“We’re still seeing continued high usage, and the overwhelming feedback from users is that it’s intuitive, they can very easily find things (…) Normally when you deploy new systems, you are desperately going around the teams and badgering them to try it. Here, they are badgering us. Our waiting list for demos is huge.”
- Helen Packard, Former Digital Transformation Lead in the Bank of England
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