top of page
Copy of getty-images-00-TrWi6TS0-unsplash_edited.jpg

CASE STUDY

Supporting GB Bank's Long-Term Innovation Plans

Company Overview:

GB Bank is a community focused and purpose driven bank.  After receiving its full banking license in August 2022, it launched to fulfil its purpose of providing much needed, flexible finance to SME property developers and investors to help build and regenerate communities across the UK. GB Bank’s lending solutions and competitive savings products are already driving a positive change in communities that need it most.

As part of their rapid growth, and revolutionary business model, they commissioned TriFidus to support their long-term business strategy and enhance their regulatory compliance capabilities. This included stress testing for capital and liquidity requirements.

 

Our Partners at GB Bank:

Eddie Trahearn, CFO at GB Bank

Adam Royal, Head of Finance at GB Bank

 

The Role of TriFidus:

TriFidus was tasked with developing a new financial model as the existing planning process, established at the company's inception, no longer suited the scale and dynamism of this innovative organisation.

The redesign aimed to enable the analysis of various scenarios and accurately forecast future impacts. GB Bank's strategy to develop innovative products required the integration of these new offerings into the model to enhance the sales mix. Additionally, the model needed to assess the impact on capital and liquidity requirements and incorporate a series of stress tests.

These tests were designed to generate outputs for comparison and executive approval. This new, dynamic model would bolster confidence and provide the flexibility necessary for the bank's long-term objectives.

Project

Overview:

The project involved the creation of a sophisticated financial model that could adapt to GB Bank's rapidly changing business environment and strategic plan.

 

The requirements:

GB Bank required a model that could:

  • Integrate actual financial data for more accurate forecasting.

  • Provide detailed stress-testing for capital and liquidity.

  • Allow for flexible, monthly input adjustments to reflect real-time financial conditions and operational changes.
     

TriFidus was able to bring significant experience helping financial institutions create long-term plans with accuracy, control and confidence and was responsible for

  • Analysing the existing financial plan.

  • Leading sessions to determine what type of products would be built.

  • Using our knowledge in the industry, we were able to provide direction on the requirements to build the operational plan.
     

How TriFidus supported this project:

TriFidus developed a modular financial tool that:

  • Allowed for easy updates and scenario analyses, providing GB Bank with the ability to forecast different financial scenarios and adjust strategies quickly, accurately and with confidence.

  • Included a comprehensive dashboard for tracking data against forecasted models, identifying deviations, and facilitating strategic decision-making.

  • Supported detailed, product-level stress testing to meet regulatory requirements and internal risk assessments.

The Results:

The new financial model significantly enhanced GB Bank’s financial planning capabilities, making it a critical tool in their transition to a more dynamic and responsive financial planning process. The model was instrumental in supporting the bank’s strategic and regulatory planning, earning high praise from bank executives for its flexibility and depth of insight.

“Working with Ivan and the TriFidus team was just what we needed. Their ability to understand our requirements and quickly incorporate into the model was beyond our expectations. Their proactive approach in developing advanced features ensured that we were not only meeting current needs but were prepared for future changes.

I would definitely recommend TriFidus to anyone looking for support with their strategic planning and forecasting.

Their ability to deliver complex models that are both user-friendly and highly adaptable is unmatched.” 

​We were delighted to be part of this project, working alongside an experienced team at GB Bank and sharing our experience in building intelligent financial models.

Latest news & articles

bottom of page