Welcome to our technology video panel debate, in association with NatWest Intermediary Solutions.
Dan Salmons, director of innovation for mortgages, homebuying and ownership at Royal Bank of Scotland kicks off the debate describing an Application Programming Interface (API) as a bit like an electrical plug socket, standardised and therefore “really easy to connect”.
Later in the video he continued: “What’s exciting is that APIs have mainly been used to connect processes inside companies and to smooth the way our systems work, but what we’re on the brink of is a time when the whole industry begins to connect up via APIs, with hundreds of lenders and thousands of brokers.”
He added: “Suddenly it will be possible to pass everything from DIPs, to applications, to tracking information much more easily. That’s what’s going to be coming in over the next months and years.”
For more click on the video below.
Our panelists are from left of screen to right:
Chair: Victoria Hartley, group editor, Mortgage Solutions
Mark Lofthouse, CEO, Mortgage Brain
Jenny Watts, COO, Dynamo
Dan Salmons, director of innovation for mortgages, home buying and ownership at RBS
This is the first in a series of four technology debate videos.
Victoria Hartley is contributing editor at Mortgage Solutions, Specialist Lending Solutions, Your Money and Your Mortgage at London-based publishing company AE3 Media.
She has an MA in Radio from Goldsmiths after gaining a 2:1 in a Comparative American Studies BA at Warwick University. She also holds a TEFL qualification and taught overseas in Mexico and Japan from 1994 to 1997.
Her role includes editorial oversight of the news, analysis and features, event content management and strategic and editorial consultancy for the AE3 Media group. She is an experienced video, broadcast and live-event host and regularly chairs web and podcast debates and interviews.
Multiple award nominations have resulted in two wins: Santander Media Awards, trade journalist of the year and Headlinemoney Awards, mortgage journalist of the year (B2B). Here is one of the award-winning pieces: https://www.mortgagesolutions.co.uk/news/2011/07/21/exclusive-tale-bailey-fraud-witness/
Previous roles include editorships of Mortgage Solutions, consumer title What Mortgage and trade title Credit Today as well as a stint freelancing for a variety of outlets including The Guardian and Which? Money.
