The integration will see OMS users provided with direct access to Evolution Money’s second charge mortgage product range.
One Mortgage System (OMS) has completed a full application programme interface (API) integration with second charge mortgage lender Evolution Money.
The integration will see OMS users provided with direct access to Evolution Money’s second charge mortgage product range.
This will incorporate a full two-way API to help support and speed up the advice process, sourcing and delivery.
Neal Jannels, managing director of OMS, said: “As competition continues to heat up across the second-charge sector, we are seeing an increasing number of lenders utilise technology to streamline their propositions, bolster their options and better service the needs of a wider array of borrowers and intermediaries.
“Evolution Money is an exceptionally tech-savvy lender which is already leading the way by embedding AI and machine-learning into the heart of its processes to offer advisers - and their clients – access to better products and to make stronger, more informed credit-risk decisions.
"This certainly made our job easier when it came to the actual integration and this tech focus will ensure that it’s a relationship which will flourish now and in the future.”
Jim Robinson, head of strategic partnerships at Evolution Money, added: “We are extremely excited to integrate with OMS as this opens up an important avenue for advisers to obtain a decision-in-principle from Evolution Money with ease.
"Anything we can do to create a smoother customer journey and ensure the need for advisers rekeying information is a thing of the past has to be a win-win situation for everyone.
“Technology does not stand still. As a lender, we have to constantly re-evaluate our proposition to find new ways to leverage and build new technological advancement so we can streamline our online digital acquisition, including the application process for our partners and customers.
"Thanks to the skills of both development teams, setting this up was a seamless process and this certainly bodes well for our ongoing relationship.”