STB Systems, a leading global provider of software and regulatory compliance, today signed an agreement for the implementation of regulatory reporting solution, STB-Reporter, the Islamic House of Britain plc. The Islamic House of Britain Plc is registered in the UK, sponsored by a group of major investors in the Persian Gulf and to create the UK, including major Islamic financial institutions to the first independent Islamic bank in Britain. It is expected that the retail banking products and services to 1.8 supported the Shariah in England the majority of Muslims. The company asked for a banking license in Germany Financial Supervisory Authority, FSA, and hopes for approval have to go into operation, for retail banking at the end of the first quarter of Casa Grande 2004.Islamic plc United Kingdom to take place every STB-Reporter in the coming months. Unusually, this project is the first STB was asked to provide a system for the bank sharia restrictive policy. The project provides a database for the automation of compliance controls and a series of important regulators, in particular automatic reporting, the Financial Services Authority, Bank / reporter reporting on internal information, based in England. STB STB SuperConsolidator prisoners issue all necessary measures, including reporting of large exposures and other important relationships, as in the balance sheet and profit and loss account of the FSA agreement reports.Commenting necessary, said Michael Thomas, CEO, STB Systems,: ."We are pleased that the Islamic Chamber of UK plc, has STB-Reporter uniqueness of their business model, which makes this an exciting new project, flexibility of rules-based solution for the STB to make the perfect choice for the entire financial sector, not only a place be selected. I specialize in action, the STB will be able to cover all the key aspects of control of the institution faces a single distribution. We look forward to a long and fruitful collaboration with the Islamic Republic of Great Britain plc. "End Background: House-146 of the Islamic House Kingdom StreetLondonEC1V PlcIslamic Old PlcChurchill 9BWTel House142: 7324 020 2054Fax:. SystemsSTB 020 2180 7324 STS is the world's leading automated compliance solutions for the financial reporting presentation of the market, was founded in 1984, STS leader London, New York, Hong Kong and Singapore. STB solutions are designed around the presentation of controls that automate the financial institutions, the management reports to regulatory responsibility to protect justice for internal and external money laundering procedures. Company is one of the five The Bank of England, the electronic news release identified and works in close collaboration with many other solutions, according bodies.STB control of industry and the strengthening of the various data sources. With standards-based technology enables a stable and new solutions for quickly and effectively to changing the rules on reporting, risk management. STB's core competence at the forefront of technological and regulatory compliance, which provides the best solutions in conjunction with the customer's systems.