Money Group to use OMS System across all platforms

Published on

Mortgage processing CRM platform One Mortgage System (OMS) has been adopted by all of the Money Group brands.

The decision means OMS is now providing platforms for London Money, West Yorkshire Money, South Yorkshire Money, Adverse Money, Durham Money, Manchester Money, Reading Money, Access 4 Finance, Teesside Money, Mansfield Money, Wellgate Money, Sheffield Money, Bristol Money, Specialist Money and South Yorkshire Money, with the latter being one of the first adopters of the OMS platform.

OMS offers AVMs, customisable workflows, drag and drop document facility, and gives its users access to documentation and application forms for over 28 different lenders without the need to rekey any additional data.

Neal Jannels, managing director of One Mortgage System (OMS), said: “The Money Group is a prime example of how successful intermediary firms are evolving and extending their propositions by identifying gaps in the market and embracing technology to tap into them.

“The flexibility and adaptability of OMS will help free up valuable time for advisers across The Money Group to explore all areas of specialist lending, better engage with existing and potential clients and generate more business across a variety of sectors. And we look forward to working closely with them to support their ambitious expansion plans.”

Martin Stewart, director of The Money Group, added: “This move has been triggered by the crystalising of our new business plan which is being written to navigate us through the next five years. One important aspect within that was the requirement for a joined up approach to technology as well as being able to report figures more efficiently across all brands.

“Out of all of the systems we were previously using across the Group, so far as we were concerned OMS were stand out providers and they accommodated our demands professionally and diligently at every opportunity.

“All future Money Group businesses will be onboarded with OMS as their mortgage technology platform and we look forward to building a closer relationship with Neal and the team in the years ahead.”

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

UK house prices fall at fastest rate in nearly a year

UK house prices fell by 2.7% in April, the sharpest monthly drop since mid-2024,...

Most brokers dismissive of BoE economist’s rate-cut warning

The vast majority of mortgage intermediaries have rejected the Bank of England chief economist...

Prime London property market slows in May as buyers and renters show caution

The prime London property market endured a muted May, with sales volumes and lettings...

Third of SMEs forced to pause business activity due to lack of finance

Nearly one in three UK small and medium-sized enterprises have been forced to stop...

Cost of setting up a home ‘falls below inflation’

The cost of establishing a new home has risen at a significantly slower pace...

Latest opinions

FCA’s mortgage rule changes: it’s time to raise the advice bar, not drop it

The FCA’s move to relax some of the rules around mortgage switching and term...

Tom Bill: Unintended consequences

Former Prime Minister William Pitt the Younger introduced a brick tax in 1784 to...

U.S. Market: lower rates are needed to help unlock the market

When Donald Trump was reelected and took office at the start of this year,...

Mortgage advice in jeopardy as FCA reopens the door to execution-only

Execution only and FCA’s consultation has been playing on my mind. Having navigated decades...

Other news

UK house prices fall at fastest rate in nearly a year

UK house prices fell by 2.7% in April, the sharpest monthly drop since mid-2024,...

Most brokers dismissive of BoE economist’s rate-cut warning

The vast majority of mortgage intermediaries have rejected the Bank of England chief economist...

Prime London property market slows in May as buyers and renters show caution

The prime London property market endured a muted May, with sales volumes and lettings...