---
title: "Redwood Bank: a RiskSmart success story"
description: Redwood Bank’s decision to move beyond spreadsheets wasn’t a matter of if, but when. The combination of balancing the bank’s growth trajectory with the readiness of its internal risk processes, the search led to RiskSmart.
image: https://blog.risksmart.com/hubfs/Redwood%20Bank_%20Blog%20Header%20(1).png
---

# Redwood Bank: a RiskSmart success story

# Redwood Bank: a RiskSmart success story

![RiskSmart Content Team](https://blog.risksmart.com/hs-fs/hubfs/Thumbnail-v1.png?width=50&height=50&name=Thumbnail-v1.png)

[RiskSmart Content Team](https://blog.risksmart.com/risksmart-blogs/author/risksmart-content-team)

July 02, 2025

For almost eight years, Redwood Bank has focused on property loans and savings accounts for businesses and charities. As any institution within the financial services industry, risk and compliance was already heavily embedded across the culture of the bank, but growth meant processing a higher volume and more complex data.  

Spreadsheets were no longer supporting their talented risk team effectively.

 

### Download the Redwood Bank case study

 

 

#### How RiskSmart has helped Redwood Bank

With experience across risk and governance in financial services, Michael Colton, Head of Operational Risk at Redwood Bank, was looking for a tool that would support the growth of the bank, and something that they could implement without disrupting the strong framework and culture that was already in place.   

That’s when they found RiskSmart - and didn’t look back. 

![Redwood Bank_Blog imagery](https://blog.risksmart.com/hs-fs/hubfs/Redwood%20Bank_Blog%20imagery.png?width=1920&height=1032&name=Redwood%20Bank_Blog%20imagery.png)

 

[Learn more about RiskSmart](https://www.risksmart.com/)

  

###### Tags:

[Customer Stories, ](https://blog.risksmart.com/risksmart-blogs/tag/customer-stories) [Financial Services](https://blog.risksmart.com/risksmart-blogs/tag/financial-services)

![RiskSmart Content Team](https://blog.risksmart.com/hs-fs/hubfs/Thumbnail-v1.png?width=50&height=50&name=Thumbnail-v1.png)

Post by [RiskSmart Content Team](https://blog.risksmart.com/risksmart-blogs/author/risksmart-content-team)   
 July 2, 2025

### Comments

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### Book a demo

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