Freedom Finance and One Mortgage System confirm partnership

Freedom Finance has announced the launch of a new partnership with One Mortgage System (OMS).

The lending platform has selected to partner with OMS’s full back-office processing system following an extensive review period.

Freedom Finance provides unsecured personal loans, credit cards, mortgages and other financial products across the UK. The firm said that its latest move, which extends the uptake of the OMS platform, highlights the heightened demand for cost-effective and time-saving tech enhancements across the mortgage market.

OMS covers product areas such as residential, buy-to-let, second charge, equity release, bridging, and protection. The firm has now integrated with several platforms, including Submissions Brain, Iress, Twenty7Tec, iPipeline and Knowledge Bank, to provide users with product sourcing, protection sourcing and criteria searching.

“Freedom Finance is a true innovator when it comes to entrepreneurship in the lending sector,” commented OMS managing director, Neal Jannels. “As a company, they are at the forefront of the tech curve in terms of how they utilise data and adapt a range of solutions to ensure their customers can easily access the most appropriate products for their needs.

“It’s always heartening for the OMS platform to be chosen to play an integral support role in the future of such a leading tech-focused proposition, and we’ve successfully brought together a number of system integrations to cater for all of Freedom Finance’s requirements. It’s been an exciting journey with both tech teams and we look forward to enhancing this further during 2022.”

Freedom Finance chief commercial officer, Andrew Fisher, added: “Our partnership with OMS is a highly progressive move. OMS is a pioneer in mortgage processing and their ability to meet our ambitious aims was a key factor in the decision-making process. The vast experience and expertise of the OMS team offers an additional dimension to our offering and provides users with a seamless experience, dovetailing perfectly with our digital lending marketplace.

“Reliable, innovative technology that simplifies the customer journey is exactly why Freedom Finance is trusted by so many of the UK’s biggest lenders. This partnership will make it easier for even more people to benefit from the extensive range of mortgage products and providers available via our digital marketplace.”

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