Mortgage and savings origination software house, BEP Systems, has announced the appointment of Steve Bowering as chief operating officer (COO).

Bowering is the former head of IT and then COO of Capita Mortgage Services, supporting over 22 clients with over £5.6 billion in assets under management including residential, commercial and buy-to-let portfolios.

He has also worked for SVP Countrywide where he centralised and off-shored Barclays and Woolwich mortgage originations process, handling circa 1,000 applications per day.

Prior to this, Bowering acted as global head of IT for Travelex Currency Services, responsible for digital and non-digital projects.

BEP Systems is expanding as it continues to improve its Apprivo 2 system for first charge residential, commercial lending, bridging finance, second charges, Shariah compliant mortgages and customer-facing portals, as well as savings account origination.

Bowering said: “I’m delighted to have joined such a forward-thinking and innovative company as BEP Systems. They are a fast-growing business with proven expertise in providing expert technical solutions for a wide range of financial services clients.

“I’m confident my experience can make a positive impact on the performance and growth of the company going forward.”

Chris Little, managing director at BEP Systems, added: “I’m very pleased to welcome Steve to BEP Systems. He has an excellent record of delivering successful projects and strategic solutions in a number of high profile financial services sectors.

“As we continue to grow our client base, Steve will play a key role delivering complex projects for new and existing clients that deliver key enhancements to their business processes.”