OMS has revealed a strong increase in Q1 business in 2024, with a 30.1% rise in mortgage transactional completion volumes that have been processed through the platform compared to the same period last year.

This follows its recent launch of OMS Originations, a loan origination platform specifically aimed at banks, building societies & specialist lenders. It streamlines the end-to-end mortgage origination journey supporting instant decisioning, product engine, bespoke underwriting processing plus second and third line audit functionality.

Neal Jannels (pictured), managing director of One Mortgage System, said: “2024 has proved to be an incredibly busy period of the business which is demonstrated by this substantial uplift in transactional business across the platform, a raft of new integrations and in the onboarding of an ever-growing number of users.

“In addition, the introduction of our Originations platform has been a long and detailed process in terms of testing, developing and implementation. We have always had a growth strategy in place to bolster our sales and support teams to coincide with this launch but an overwhelming positive instant reaction has further expedited these future plans.

“This reaction serves to demonstrate the scale of the appetite from the lending community for such a proposition and we will continue to strengthen in key areas to ensure we are delivering the most complete customer-centric experience across the whole business.”