Monument tech integrates Ecology Building Society on its platform

By Parth Prabhudesai

Monument Technology has said that Ecology Building Society is now fully live on its platform, completing a major core transformation programme first announced in 2024.

With the rollout complete, Ecology has migrated all its savings and mortgage operations onto Monument Technology’s end-to-end Banking Platform as a Service (BPaaS). The move establishes a fully integrated, digital-first operating model designed to enhance customer experience and improve efficiency.

The BPaaS platform provides a modular, cloud-native infrastructure covering savings, lending, payments and customer management, supported by digital channels such as mobile apps and web portals. Monument Technology also manages implementation, integration and ongoing upgrades, allowing institutions to focus on growth rather than complex IT systems.

Ecology becomes the first organisation to adopt Monument Technology’s full platform, which combines onboarding, mortgage origination, account servicing, payments, CRM and regulatory reporting into a single system. Delivered as a managed service, the platform eliminates the need for multiple legacy systems while ensuring continuous updates.

A spokesperson for Monument Technology said, “This milestone demonstrates the strength of our platform and our ability to deliver complex transformations at pace. We are proud to support Ecology in modernising its operations and accelerating its growth ambitions.”

An Ecology representative added, “This transformation enables us to better serve our members and brokers through improved digital capabilities, streamlined processes and enhanced efficiency.”

Ecology Building Society, founded in 1981, remains focused on financing environmentally sustainable housing and community-led projects, reinforcing its commitment to ethical and purpose-driven banking.