Case Study: Intelligent Processing Solutions Limited achieves streamlined forecasting, planning and compliant reporting with Vena Solutions

Why UK’s largest provider of outsourced payment-processing services chose Vena over major competitors

Intelligent Processing Solutions Limited (iPSL) is one of the UK’s largest providers of outsourced payment-processing services to banks, a joint venture of Unisys, Barclays, HSBC and Lloyds that handles roughly £700 billion in face value and processes about 5 million cheques per day. Despite holding 70% of the UK check‑processing market and expanding into fraud detection, account services and consulting, iPSL struggled for 17 years with inefficient Excel-based forecasting, planning, allocations and management reporting—lacking data aggregation, validation rules, workflow approvals and an automated compliance reporting process.

iPSL selected Vena over Oracle, SAP and IBM because it preserves Excel, integrates with their Oracle GL, offers fast implementation and strong customer support. Vena introduced centralized data aggregation, validation and workflow approvals, automating compliance and streamlining forecasting, allocations and management reporting—cutting manual spreadsheet work, speeding reporting cycles and making the solution easier to own and maintain.

Intelligent Processing Solutions Limited