The integration will give Y3S advisers access to OMS’ customer relationship management system and back-office workflow solutions, which will increase efficiency and save time.
The partnership will also grow OMS’ presence in the specialist mortgage market. Launched in 2017, its system currently covers residential, buy-to-let, second charge, equity release, bridging, commercial plus general insurance and protection.
OMS is already integrated in to five platforms, including Iress, Twenty7Tec, Hometrack, iPipeline and Knowledge Bank.
OMS’ managing director Neal Jannels (pictured) said: “Y3S is an established force within the world of specialist finance and really understands the ever-changing needs of its intermediary partners and the end-client.
“It’s a company that has evolved greatly over the years in terms of embracing technology to enhance its proposition and ensure that its service proposition is as efficient and effective as possible. After all, time really does matter when operating in the specialist lending markets and we are proud to have been chosen as the firm’s primary tech provider.”
Y3S Loans managing director Barney Drake said: “For many years we have tried to implement Lenderlink into our internal workflow but have focused primarily on lender connectivity. When considering this enormous task, we had to choose either to outsource, acquire or continue to build ourselves.
“As OMS provide the most advanced mortgage processing technology, it was an extremely easy decision to make and so we spent the last nine months adapting OMS into our workflow to offer a level of interactivity with our introducing brokers, lenders and customers alike that we would never have achieved, had we continued to build ourselves.”