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Partner Spotlight: MUFG Corporate Markets and lease accounting support

As part of the House of Control partner ecosystem, we work closely with MUFG Corporate Markets to help organizations manage lease accounting with confidence and clarity. With deep expertise in treasury management and capital financing, MUFG Corporate Markets brings long-standing advisory experience together with House of Control’s lease accounting technology to support clients across the UK.

House of Control & MUFG

A trusted treasury and advisory partner

MUFG Corporate Markets is a division of MUFG Pension & Market Services and provides treasury management and capital financing advisory services, including asset finance, to over 400 private and public sector clients.

The team has more than 30 years’ experience in treasury management advisory services in the UK. This experience enables MUFG Corporate Markets to understand client strategies and the challenges they face, allowing them to provide proactive, value-added advice on an ongoing basis.

To learn more about MUFG Corporate Markets, visit their website.

Why MUFG Corporate Markets partners with House of Control

Following extensive market engagement, MUFG Corporate Markets selected House of Control as its UK partner to deliver lease accounting solutions to its clients.

House of Control’s solution was selected as a best-in-class offering due to its intuitive and user-friendly design. The solution provides accounting outputs tailored to individual client requirements and allows users to drill down into figures to evidence accuracy to auditors.

This capability supports a smoother year-end closedown process with fewer audit queries, which is a key consideration for both MUFG Corporate Markets and its clients.

Darrell Slevin - Director - Head of Asset Finance Advisory - MUFG Corporate Markets
“MUFG Corporate Markets working in partnership with HoC are delivering an exceptional solution to assist our clients to ensure lease accounting compliance.

With future developments encompassing AI and the knowledgeable and professional team at HoC, we look forward to our future collaboration and the exciting times ahead.”

Darrell Slevin

Director - Head of Asset Finance Advisory
MUFG Corporate Markets

How MUFG Corporate Markets supports customers

MUFG Corporate Markets supports clients across all aspects of lease accounting. This includes training, lease policies and procedures, advice on the interpretation of accounting standards, and the collection and validation of lease data. MUFG Corporate Markets works as a trusted partner to help clients achieve compliance.

Clients are supported through a lease management software solution developed by House of Control. The solution provides lease portfolio management, accounting compliance, and a broad range of functionality and reports to support both transition and ongoing reporting requirements.

This includes:

  • A central system to manage your leases and accounting requirements
  • Multi-user access 
  • Audit trail of changes
  • Ability to store copies of contracts
  • Lease accountancy under IFRS 16 / FRS 102
  • IFRS 16 / FRS 102 lease transition impact reports
  • Ability to apply IFRS / FRS electives

Experience and expertise

MUFG Corporate Markets has supported clients with the adoption of IFRS 16 since 2019. This includes work with corporate entities, local authorities, local authority trading companies, leisure trusts, and NHS trusts.

Client lease portfolios range from approximately 10 leases to 3,500 leases and cover a broad range of asset classes, including vehicles, plant and equipment, land, and property, as well as both commercial and non-commercial lease structures.

MUFG Corporate Markets has also supported clients with data strategies, validation of lease data, application of accounting electives and more. Training of officers is a key focus to ensure understanding across organisations, recognising that lease accounting requirements extend beyond finance teams.

A valuable collaboration

The collaboration between MUFG Corporate Markets and House of Control brings together advisory experience and lease accounting technology to support organisations with their lease accounting requirements.

By combining MUFG Corporate Markets’ experience in treasury management and lease accounting with House of Control’s lease management software, clients are supported across both advisory and technical aspects of compliance.

This partnership enables a structured approach to managing lease data, accounting requirements, and reporting, supporting organisations throughout transition and ongoing reporting.

House of Control provides dedicated solutions for lease accounting under IFRS 16 and FRS 102, supporting both transition and ongoing reporting.

Einar Gynnild - Head of Partner Development
"Our partnership with MUFG is a strong example of how deep domain expertise combined with modern SaaS technology creates real value for customers.

Together, we deliver a robust and future-proof solution for lease accounting under IFRS 16 and FRS 102, while establishing a solid foundation for continued innovation in automation and AI"

Einar Gynnild

Head of Partner Development
House of Control

Learn more about partnering with House of Control

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