Phoebus was brought in to supply the mortgage servicing system and to design and implement an interface between Exact’s servicing platform and the systems of newly launched Precise Mortgages.
Although Exact provided an aggressive timeline for the solution, Phoebus were able to deliver a Java-based interface between the mortgage application system and the Phoebus-designed mortgage servicing system, well in advance of the launch date.
“We were pleased to be given the chance to work with Exact,” said Paul Hunt, managing director of Phoebus Software, “Their management team is renowned in the mortgage market for being technology focused and ahead of the game with their IT. Exact wanted some innovative features from their platform to complement their upgraded hybrid technology. After working with them to ensure we understood their needs properly, we’re pleased we’ve been able to deliver what they were looking for.”
Alan Cleary, managing director of Exact said, “Throughout the project we have benefited from Phoebus’ experience in UK mortgage process platforms - with the help of their consultants, we have worked together to configure these to suit our specific operations model. We wanted a mortgage servicing system that was built for today’s highly regulated mortgage market and they have delivered that.”
