Steve Hughes
Sales Director
t: +44 (0)7731 688 679
Cumulus uses cloud based technology to offering the ability to be a bank without the banking regulation as the actual money is recorded and regulated by the banking industrys:
The cumulus offering comes with procedures and required activities to ensure compliance with Anti Money Laundering legislation. The adherence to this lies with the trustees and money managers but the software reflects the latest legislation. Cumulus guarantees the ongoing reflection of AML guidelines throughout its product range.
Cumulus Management’s reputation is built on over 100 years of banking and technology at Citigroup, Misys and Reuters. The underlying technology is Microsoft and the computer centre where the software is located is used everyday by a number of banks.