The collaboration will digitalise processes
Financial technology provider FintechOS has partnered with Huddl Team, a program and project management consultancy, to help provide technology solutions to building societies within the UK financial services sector.
A report by the Building Society Association revealed that 67% of building societies identified digital transformation as the primary challenge to the sector over the next five years. To ease this challenge, FintechOS and Huddl Team will work together to support them in digitalising their decision in principle (DIP) processes, leveraging Huddl Team’s domain knowledge and the FintechOS no-code/low-code platform.
By partnering with Huddl and FintechOS, customers of building societies will be able to get to the market fast with pre-built solutions. FintechOS can also support customers to digitalise onboarding and origination processes end-to-end, to increase customer satisfaction and cost-effectiveness.
Jonathan Abbott, chief executive and founder of Huddl, said the combination of Huddl Team’s deep industry knowledge and delivery expertise, together with the FintechOS infrastructure, will “bring the first of many compelling products to market, helping clients to transform their business in a safe, transparent and efficient manner.”
Iain Chidgey, chief revenue officer at FintechOS, added that with its experience in helping financial services institutions build digital products, FintechOS was well placed to support Huddl Team.
“With their proven track record in transformation projects and our high productivity fintech infrastructure, this partnership can create special digital solutions that make the UK financial services industry, better,” Chidgey said.
