Fintech partnership aims to make life easier for brokers

Fintech partnership aims to make life easier for brokers


Todays other news
The improved mood follows the latest Bank of England rate...
Four in five UK self-employed entrepreneurs have struggled to get...
The cost of home insurance in the UK increased by...
The lender has claimed to move away from the 'them...
L&G Mortgage Club has launched an end-to-end digital mortgage solution...

Technology platform OMS is expanding a partnership with Experian, allowing lenders and brokers to access a range of data and identity services.

Experian’s Mortgage Passport services include reference data and identify services, which it claims will drive automation and operational efficiencies as well as a better service to clients. 

OMS says this suite of services will revolutionise the on-boarding process for mortgage brokers by assessing affordability based on real data rather than estimates. 

By simplifying client assessments and expediting decision-making through enhanced data accuracy and efficiency, this cuts  rockers’ administrative burdens.

Neal Jannels, managing director of One Mortgage System (OMS), comments: “We have a strong ongoing relationship with Experian and its use of modern technological infrastructure, advanced analytics and machine-learning models will remain key in helping our platform to identify and authenticate counterparties, ensure transactions are legitimate and prevent any signs of fraudulent activity.

“This enhancement is designed to meet all users’ end-to-end identity and verification requirements while also reducing an array of time-consuming administrative burdens. A combination which offers users with additional security and frees up more time for advisers to do what they do best – engaging with their clients and growing their business.” 

Experian director Paul Speirs adds: 

“Through data and technology, our goal is to provide a quicker, seamless and more convenient digital experience for both our partners and ultimately consumers. 

“We have partnered with OMS for a number of years and we are working together to ensure that lenders and intermediaries can focus on the right things and make better-informed decisions for their clients looking to buy a home.”

OMS says it’s the only end-to-end platform which covers a wide range of product areas including residential, buy-to-let, second charge, equity release, bridging, commercial plus general insurance, and protection.

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Introducer Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
L&G Mortgage Club has launched an end-to-end digital mortgage solution...
In the past four years 50% of buyers have been...
Almost a fifth of sales now encounter gazundering, a firm...
The government plans were revealed by surprise over the weekend...
A prominent agency expects anxious buyers to keep searching...
The warning comes in the latest market snapshot from Rightmove...
Recommended for you
Latest Features
The improved mood follows the latest Bank of England rate...
Four in five UK self-employed entrepreneurs have struggled to get...
The cost of home insurance in the UK increased by...
Sponsored Content
Historically second charge mortgages or secured loans as they are...
Lenders must say what they mean and mean what they...
Fraudsters attacking the conveyancing sector, successfully stealing large sums of...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here