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.
