Green Mortgages has partnered with London-based fintech firm, Sikoia, in order to simplify its mortgage process by reducing paperwork and administrative tasks.

Sikoia’s partnership with the Chester-based mortgage and protection brokerage will allow for the fintech firm’s artificial intelligence (AI)-powered solution to automate the processing and verification of customer application documents.

Benefits of this AI solution include faster application turnaround times, lower admin costs and time and improved accuracy and efficiency.

Sikoia specialises in automating components of customers verification processes for financial services providers.

Green Mortgages stated that it is committed to providing eco-friendly mortgage solutions that not only benefit the environment but also offer enhanced efficiency and convenience for customers.

Founder and chief executive officer at Sikoia, Alexis Rog, said: "Our document insights solution is designed to reduce the time-consuming tasks involved in handling documents, enabling quicker and more accurate processing. This partnership aims to deliver unmatched speed, efficiency, and reliability in the mortgage application process."

Managing director at Green Mortgages, Michael Kallaras, added: "We are delighted to partner with Sikoia to further enhance our operational capabilities and efficiency.

“Its advanced technology will significantly reduce our manual workload, boosting efficiency and enabling us to prioritise delivering exceptional service to our clients. We are excited to be on this journey with Sikoia and to realise the full potential of their tech offering within the mortgage industry."

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