BancTec to partner with Pepper UK

Published on

computers

Pepper UK has appointed BancTec to provide a new front-end loan origination portal to integrate with its existing technological offering.

Richard Klemmer, Pepper UK CEO, said: “We have been closely examining the loan origination systems market for some time, anticipating the emergence of a more stable lending environment and selected BancTec as our partner for a number of reasons: as well as BancTec’s established presence and credentials in the UK lending sector, its system is a perfect match for our own technology in terms of functionality, compatibility with our .net/SQL environment, and most importantly, configurability.

“This means our lender clients will not only benefit from the established Banc Tec core functionality, but will also benefit from working with Pepper’s experienced in-house development team to deliver individual product and service differentiators in exactly the same way we do on our post-completion service offering.”

The BancTec system will be integrated into Pepper’s existing Caseman and Proflow case management and workflow systems, to give Pepper’s lending clients a seamless loan originations and servicing platform.

At the front end, BancTec’s system has a data capture feature that collates all customer information at the point of sale and ensures MMR compliance.

It offers documentation through the broker or direct-to-consumer sales channels, and at the point of funds release it feeds live data into Pepper’s proprietary systems.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

First-time buyers return to cities as coastal demand stalls

A decade on from the early 2010s property surge new analysis by Rightmove reveals...

Mortgage mental health survey deadline extended by one week

The Mortgage Industry Mental Health Charter (MIMHC) has extended the deadline for its annual...

Tipton launches Credit Plus to aid those with minor credit issues

Tipton & Coseley Building Society has launched Credit Plus, aimed at residential borrowers with...

Cash ISA cut ‘could choke mortgage funding’

Darlington Building Society has issued a stark warning that expected government changes to Cash...

Taylor Rose strengthens leadership with senior appointments and promotions

Taylor Rose has announced a series of senior hires and internal promotions as it...

Latest opinions

How product transfers can help landlords and brokers in a challenging market

In an ever-changing buy-to-let market, the task of managing a property portfolio becomes increasingly...

Finding the ‘yes’ on finance for trading businesses

Pressure on UK trading businesses continues to mount, driven by rising costs, tight cash...

Bridging finance for refurbishment – is it light, medium or heavy?

Not all refurbishment projects are created equal. The type of works being undertaken will...

Complaints: A pain that you can handle

One of the biggest problems an adviser can face is a complaint. And those...

Other news

First-time buyers return to cities as coastal demand stalls

A decade on from the early 2010s property surge new analysis by Rightmove reveals...

Mortgage mental health survey deadline extended by one week

The Mortgage Industry Mental Health Charter (MIMHC) has extended the deadline for its annual...

Tipton launches Credit Plus to aid those with minor credit issues

Tipton & Coseley Building Society has launched Credit Plus, aimed at residential borrowers with...