back Back

Phoebus upgrades SaaS mortgage servicing technology

By Gloria Methri

February 05, 2024

  • API Lending
  • Digital Mortgages
  • Europe
Share

Phoebus, Phoebus Software, SaaS, Mortgage Servicing, Lending, FinTech, UKPhoebus has launched its next-generation cloud-native Software-as-a-Service (SaaS) mortgage servicing platform, following its multi-million-pound investment in new technology.

The investment brings new capabilities to its technology, taking mortgage servicing to the next level. Phoebus has transformed how the system can service all types of lending as well as savings and deposit-taking.

The new technology builds on the accurate, scalable, and robust calculation engine for which Phoebus is known. It adds a level of authentication and security, and even more open microservice application programme interfaces (APIs).

The APIs will help Phoebus’ clients benefit from the services of other progressive technology firms by integrating with other suppliers within a broader ecosystem via its extensive partnership programme.

As a result, the clients can experience significant competitive advantages, as well as increased business efficiency through agility and scalability. Other benefits include reduced infrastructure and operational expenditure, greater system availability and resilience against downtime.

Lenders and deposit-takers will be particularly interested in the new Phoebus user interface. Its contemporary design will better support its business processes. It is specifically designed for ease of use and to increase business productivity. The design also reduces training requirements, helping to accelerate the onboarding process for new employees or application users.

Neil Dyke, chief technology officer at Phoebus, said, “We have invested heavily in both technology and human resources – our exceptionally strong team has been working hard on developing this next-generation servicing platform. We have started moving our clients over to the new system, and this will continue over the coming months.”

Previous Article

February 05, 2024

Intesa Sanpaolo selects Montran’s multi-currency virtual accounts platform

Read More
Next Article

February 05, 2024

5 Core banking platforms disrupting the banking ecosystem in India

Read More








IBSi Daily News Analysis

digital wallets

March 01, 2024

API Lending

Banking Sector and regulatory framework: addressing India’s growing demand for secure lockers

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

March 01, 2024

Marqeta & AffiniPay team to launch SMB credit card solution

Read More

March 01, 2024

Saikyo Bank & nCino to boost operational efficiency and customer experience

Read More

March 01, 2024

FinTech Focus: Catch latest developments of the week

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023