Omnii has reached the landmark number of 500 – its target for Q1 2011 – well ahead of schedule. Omnii have now signed up 5% of the total UK broker market, which currently stands at around 10,000. PMS, who announced their partnership with Omnii in December last year, accounted for the largest single proportion of registrations.
Commenting, John Malone, executive chairman of PMS, said, “We have been deeply impressed by the time and efficiency savings Omnii Software is capable of producing on behalf of brokers. It took me about 30 seconds to make sense of the CheckIT credit report - the traditional one can run to over 30 pages and is far harder to interpret.
“The brokers who have signed up via PMS say they are using Omnii’s kit to write better quality loans, faster, while being confident of meeting all regulatory standards. That’s exactly the sort of support the intermediary market needs at the moment.”
John Mawdsley, CEO of Omnii Solutions, said, “CheckIT has already gained considerable traction with brokers and this is in no small part down to our partnership with PMS. To have the largest mortgage distributor in the UK on board at such an early stage has proved a brilliant starting off point from which to tackle the wider broker market. Sales of our ID verification, anti money-laundering checks, and credit file reports have been particularly high.”
