This development will allow Pepper to offer state of the art support for clients’ new lending aspirations, perfectly complementing the existing highly automated, regulatory compliant post-completion servicing platform.
Richard Klemmer, Pepper UK CEO, explains the significance of this milestone in the evolution of the business:
“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.”
Pepper updates IT systems for mortgage origination
Pepper UK Limited, the mortgage servicer formerly known as Oakwood Global Finance, has appointed BancTec to provide a new front-end loan origination portal to integrate with Pepper’s existing technological offering.
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