Banking platform provider, Monument Technology, has today (16th April 2026) announced ethical mortgage and savings mutual, Ecology Building Society, is now fully live on its platform, marking the completion of a major core transformation programme and cementing the partnership first announced in 2024.
With the platform now fully implemented, Ecology has now migrated all of its savings and mortgage business onto Monument Technology’s end-to-end Banking Platform as a Service (BPaaS), providing the mutual with a fully integrated, digital-led operating model.
Monument Technology’s BPaaS enables banks and building societies to deploy a modern, modular and cloud-native banking platform covering savings, lending, payments and more, fronted by customised digital channels such as mobile apps and a web portal.
By taking responsibility for implementation, integration, ongoing management and future enhancements, Monument Technology allows institutions to focus on growing their business rather than managing complex technology estates.
Ecology is the first organisation to adopt the full Monument Technology platform, which delivers a single, integrated solution spanning customer onboarding, savings and lending products, mortgage origination, account servicing, payments, CRM and data to support regulatory reporting.
Delivered as a managed service, Monument Technology said it removes the need to build and maintain multiple systems, while ensuring ongoing updates and access to best-in-class technology components.
The transformation and migration for Ecology has been completed in just over 18 months, which Monument Technology said was a significantly shorter timeframe than many comparable programmes within the financial services sector.
By deploying digital channels, consolidating systems and streamlining processes, Ecology said it is now able to deliver a significantly enhanced service for its members and brokers, improve operational efficiency and support its future growth ambitions.
Monument Technology said the successful delivery of the Ecology transformation represented a compelling proof point for its platform, which takes its foundations from the technology used to build and scale Monument Bank.
Since its founding in 1981, Ecology Building Society has been dedicated to financing homes and projects that deliver environmental and social benefits. It remains a purpose-driven mutual, supporting energy-efficient homes, eco-renovations and conversions, community-led housing, and sustainable businesses.
Steve Britain, CEO of Monument Technology, said:
“We are delighted to announce Ecology Building Society as the first financial institution to go live on the Monument Technology platform and to deliver a market-leading Banking Platform as a Service.
“When we first announced our partnership with Ecology, the ambition was to enable a faster, digitally-led, superior service and scalable future for their members. Delivering that vision in a live, regulated environment is a significant milestone not just for us, but for the wider building society and banking sectors.
“This demonstrates institutions can adopt modern banking technology at pace, without the need for lengthy and complex transformation programmes. We know this is something other banks and building societies want to take advantage of so they can deliver a superior experience for their customers and a simpler, lower-risk route to modernisation.”
Gareth Griffiths, CEO of Ecology Building Society, said:
“Our decision to partner with Monument Technology was driven by a clear need to improve the service we offer to our members while supporting our long-term growth and impact ambitions.
“Going live on the platform is a major step forward for Ecology. It enables us to provide a digital-led proposition for our members, operate more efficiently, respond more quickly to changing needs, and continue to support sustainable savings and mortgage products for consumers across the UK.
“We are thrilled with the relationship we have forged with Monument Technology, the progress made and the results achieved. We’re already looking forward to building on this strong foundation as we expand our services to members.”
