Compass Plus shortlisted in Banking Tech Awards 2021

Compass Plus has made the final shortlist at the Banking Awards 2021 in recognition of its notable contribution to the industry to help fight the Coronavirus pandemic – aiding and supporting companies/individuals from the industry ecosystem economically, socially, and financially.

The ‘COVID-19 Response by Fintechs’ category recognises leading payments software providers that adapted their operations to meet and exceed the needs of their customers at a time when the world came to a halt in 2020.

As a payments software vendor, Compass Plus was shortlisted after delivering an astounding 660 projects remotely during the pandemic. While remote working seemed like a new trend, Compass Plus had already successfully implemented many projects remotely pre-Covid, and, as such, were able to accelerate and fine-tune its project methodology to 100% remote delivery. The most significant challenges included: country lockdowns not happening simultaneously, and customers being at different stages of their projects when lockdowns hit – from starting scoping to a few days before go-live. For customers, this was an extremely unsettling period, particularly due to key project staff being ill and adjusting to working-from-home.

As experts in delivering projects of all types and sizes across different countries and time zones, Compass Plus anticipated many of the challenges customers faced and adapted quickly.

The projects worked on by the Compass Plus team varied greatly. For new customers, these included full-blown migrations from legacy systems, as well as large payments modernisation projects. Compass Plus also worked with existing customers to help them expand globally, launch innovative new products, grow their payments ecosystems by integrating with multiple third-parties and joining various international and national payment networks, as well as assisted with onboarding large banks for its processing customers, and enabled compliance with new regulations.

Maria Nottingham, Executive Vice President of Compass Plus commented: “To be shortlisted for this award is testament to the talented people we have at Compass Plus. When Covid-19 swept across the globe, this was a particularly difficult time for everyone and for many businesses, they were navigating the unknown. However, we did what we do best and delivered outstanding results for our customers utilising our experience and knowledge of managing projects on a global scale. We were able to reassure our customers across all geographies and guide them through the process of remote project implementation no matter the scale, size or complexity.”

Hosted by Fintech Futures, the Banking Tech Awards are highly respected and well-known in the industry. The awards have been running for the past four years and recognise excellent products and services provided by software providers. The winners will be revealed at the final awards ceremony on Wednesday 24th November at the five-star Royal Lancaster hotel in London

For more information, please contact either Declan Kinsella or Ash Dhindsa / +44 115 753 0120.