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Money Group to use OMS technology

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  • 10/09/2019
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Money Group to use OMS technology
The Money Group of mortgage advice firms has adopted One Mortgage System (OMS) across all its brands.

 

This means that OMS now provides platforms for 14 firms, with South Yorkshire Money being the first to use the system.

Martin Stewart, director of The Money Group (pictured), said the technology would support delivery of the organisation’s new business plan, which is intended to navigate it through the next five years.

“An important aspect of the plan was a requirement for a joined-up approach to technology, as well as the ability to report figures more efficiently across all brands,” he said.

“Of all of the systems we were using at the group, OMS stood out for professionally and diligently accommodating our demands at every opportunity.

“In future, all Money Group businesses will be integrated with OMS as their mortgage technology platform and we look forward to building a closer relationship with Neal Jannels and the team in the years ahead,” he added.

 

Expansion plans

OMS was the first system to develop a full two-way DIP integration with a number of specialist lenders.

The provider noted that it offers automated valuation models (AVMs) and gives users access to documentation and application forms for more than 28 different lenders without the need to re-key any additional data.

OMS managing director Neal Jannels said he was looking forward to working closely with the group to support its ambitious expansion plans.

“The Money Group is a prime example of how successful intermediary firms are evolving and extending their propositions by identifying gaps in the market and embracing technology to tap into them,” Jannels said.

The 14 Money Group firms are: London Money, West Yorkshire Money, South Yorkshire Money, Adverse Money, Durham Money, Manchester Money, Reading Money, Access 4 Finance, Teesside Money, Mansfield Money, Wellgate Money, Sheffield Money, Bristol Money, Specialist Money.

 

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