Finance Centre Upgrades Mortgage Application Processing to ‘SDS Maps’.
SDS Applications Ltd, a leading provider of mortgage processing technology, today announced that The Finance Centre is to use the ‘SDS Maps’ software for its mortgage application processing.
Based in Warrington, The Finance Centre is one of the UK's largest dedicated sub-prime packaging companies and has been delivering sub-prime mortgage deals for over 12 years.
“The Finance Centre is committed to providing the highest quality service to brokers and technology is an integral part of our service proposition.” said Wayne Smethurst, partner of The Finance Centre. “We selected ‘SDS Maps’ because of the wide range of cutting-edge technology that it provides, which will enable us to ensure service excellence well into the future. By creating an automated solution for quotations, illustrations, application entry, tracking and processing, ‘SDS Maps’ provides us with a springboard to continuous improvement in how we meet our introducers' needs."
'SDS Maps’ provides an end-to-end solution for automating the entire mortgage pre-completion process. The system features workflow & task management, status tracking, document production, powerful system maintenance facilities and on-line support services.
Mortgage Home Loan applications just got easier on line
‘SDS Maps’ will allow introducers in any location to access the system through a browser interface. Introducers will be able to see all their cases in a summary view, begin online mortgage applications, create illustrations online and submit applications for processing. Because the system is 100% browser-based, there is no software to install. Introducers just point their browser to the appropriate web address and begin using the new functionality.
“We are delighted that The Finance Centre has selected the ‘SDS Maps’ system. It’s a great fit with their business goals of increasing new business whilst improving customer service and lowering overall costs”, said Barry Yager, SDS’s Commercial Director.
The application is currently in the user-testing phase and is due to go live at the end of May.
About The Finance Centre
The Finance Centre was established by Wayne Smethurst in 1991, as a secured loans brokerage. In 1996 the business entered the mortgage packaging market and Wayne was joined by fellow partners Andrew Brown and Ron Taylor in 1998.
The Finance Centre has focussed on the sub-prime mortgage market and now provides a nationwide packaging service to brokers throughout the UK. During the past year The Finance Centre has trebled its turnover and has ambitious plans for continued rapid growth in the future. The Finance Centre is one of the few mortgage packagers to receive ISO 9001 Quality Accreditation. The business is based in Warrington.
About SDS Applications Ltd
SDS Applications Ltd is considered one of the mortgage industry's foremost providers of mortgage lending software solutions. The company offers an integrated suite of mortgage processing solutions for lenders and mortgage packagers.
SDS MAPS is now used extensively throughout packaging community and is fast becoming the ‘industry standard’. SDS clients include The Finance Centre, Solent Mortgage Services, County Mortgages Group, The Mortgage Operation (TMO), Enterprise Homeloans, GMAC RFC and several regional building societies, with implementations at more leading companies to be announced over the coming months.
For further information please visit the Internet site at www.mortgage-systems.com
Finance Centre Upgrades Mortgage Application Processing to ‘SDS Maps’
April 2003
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