On 24 April 2026 Monument Technology announced a partnership with Castle Trust Bank to deploy its Banking Platform as a Service, marking Monument’s second major client and its first UK-regulated bank engagement.
- Announced 24 April 2026
- Monument to deploy its BPaaS for Castle Trust Bank
- Monument’s second major client and first UK-regulated bank
What happened
Monument Technology said it has struck a partnership with Castle Trust Bank to deploy its Banking Platform as a Service. The announcement was made on 24 April 2026 and was reported via industry press.
The agreement represents Monument’s second major commercial customer and is the first time the vendor has taken on a UK-regulated bank as a client.
Why it matters
The deal demonstrates early commercial momentum for Monument’s platform and represents an entry point into the UK regulated-banking market, a sector with distinct compliance and operational requirements.
For banks evaluating cloud-native or outsourced core infrastructure, a partnership between a specialist platform provider and a regulated institution is a signal that BPaaS offerings are being considered as viable production solutions in the market.
What to watch next
Track announcements from both parties about integration milestones, customer onboarding or go-live dates to gauge the pace and scope of deployment.
Watch for further client wins or regulatory updates that indicate whether Monument’s platform gains broader adoption among UK regulated banks.