Since its foundation in 1984 as a specialist IT consultancy providing services to the banking sector, the company is now established as an international leader in regulatory and compliance solutions. This is all STB does, and STB does it well.

Enjoy the timeline opposite for the story of a company built on success, vision, clarity of purpose, and service to customers.

1984: STB starts business as a specialist consultancy providing IT services to the UK banking sector, a service still provided today.

1993: The Company moves into products with the development of a solution for banks to automate Bank of England reporting.

1994: STB-Consolidator is introduced to fully automate regulatory reporting right from source data through to electronic submission to the regulator. STB becomes a recognised vendor of the Bank of England reporting outputs.

1995: STB launches Section 17/18 Inland Revenue reporting solution, built upon the same core technology as the regulatory reporting solution.

1996: STBs products moved to a full Windows environment with a market leading solution to Capital Adequacy computation and reporting.

1997: STB becomes market leader in UK bank regulatory reporting with a doubling of its customer base in a twelve-month period in parallel with the successful implementation of the Bank of England’s 1997 statistical reporting review overhaul of requirements. UK office moves to larger premises.

1998: STB uses first round VC funding to implement a tools based product development strategy. Number of UK banking customers passes the 100 mark.

1999: STB delivers regulatory reporting solution for the UK securities industry and Federal Reserve regulatory reporting for USA banks. STB opens first overseas office in New York.

2000: STB-SuperConsolidator and STB-GlobalView launched as a complete business solution to data management, integration and management information reporting. Hong Kong Monetary Authority regulatory reporting solution launched and first client signed in the Asia-Pacific region.

2001: STB opens second overseas office in Hong Kong. A second round of VC funding is raised in May, to fund development of a new anti money laundering solution, STB-Detector. First customer for the new product signed in New York. In November, STB announces year on year growth of 45%, bucking the IT trend.

2002: Central Bank of Ireland bank regulatory reporting launched and first customers installed. STB now has a global customer base of more than 170 financial institutions. STB-Detector launched in London in March, followed by the Asia-Pacific region in May, in conjunction with the opening of a Singapore office.

2004: With change afoot from Basel II and new report submission standards such as XBRL STB has found plenty to keep busy. Our UK client base swelled with the addition of several new securities reporting firms and also our first clients from the building society sector that are using STB-Detector. With our first clients for Bank Indonesia reporting and further signings in our other regional offices, STB continues to grow as a truly focussed compliance and regulatory specialist.

2005: STB Systems was acquired by Lombard Risk Management plc, significantly strengthening the business in preparation for growth driven by both the international pressures to control Financial Crime and the forthcoming implementation of Basel II presenting the company with many new opportunities for regulatory reporting solutions.

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