Traditionally, origination systems have been embedded in the back office, making it difficult to deploy across all distribution channels.
This, combined with the fact lenders are finding it increasingly difficult to differentiate on price alone, has created a requirement for the customer experience to be as complete and seamless as possible. Introducing originations at point of sale goes a long way to achieving this.
N4’s point of sale technology already supports multi-channel, multi product distribution and includes a number of components that facilitate originations at point of sale. As such, N4 is now actively extending its product set by launching a full mortgage origination system including rules based underwriting, online valuations and the issue of unconditional offers at point of sale. Furthermore, N4 is already in discussions with a number of mortgage providers, highlighting the demand for this service.
Steve Jones, CEO of N4 Solutions, commented: “N4 Solutions is already established as the UK’s leading strategic point of sale technology provider to the financial services industry. This extension to our product further demonstrates our commitment to remaining at the forefront of our market”
