Hometrack has been awarded ‘Supplier of the Year’ at the fourth annual Barclays Global Supplier Awards.

Hometrack picked up the overall award for its automated valuation model (AVM) and collateral risk management service, which enables faster mortgage origination decisions.

Charlie Bryant, CEO at Hometrack, said: “Barclays is a hugely valued and longstanding client for Hometrack. We are delighted to be recognised in this way and look forward to continuing to support Barclays’ commitment to excellence and innovation.

“The recognition is, of course, testament to our team’s hard work in developing our services over the last 16 years.

“Borrowers expect faster decision times and it is only through accurate automation and innovation that lenders will be able to do that and gain a competitive advantage.”