back Back

Sopra Banking rolls out digital platform for Kensington Mortgages

By Megha Bhattacharya

November 10, 2020

  • Sopra Banking
  • UK
Share

sopra Sopra Banking Software today announced the launch of a new digital platform for UK-based Kensington Mortgages. The upgraded software aims to improve the latter’s core platform and help deliver Sopra’s new digital solutions for onboarding journeys.

Mark Arnold, CEO at Kensington Mortgages commented, “We are delighted with the launch of the new platform. We chose Sopra Banking Software because they shared our vision of how the industry needs to evolve and have proved themselves to be an excellent partner for us over many years. The industry is still largely paper-based and clunky – so we are both committed to digitising and simplifying processes to allow brokers and underwriters to focus on value-added tasks. SBS’s platform, with its modular architecture, gives our team the ability to rapidly configure to support innovative product launches, improved broker experiences and simplified underwriter processes”.

According to Sopra Banking Software, the platform is live across Kensington’s entire broker network. The project involved upgrading the core platform to leverage the FinTech’s platform, delivering the new digital broker portal and delivering integration out to key partners to simplify the end to end mortgage journey through Sopra’s marketplace platform.

Recently, Sopra Banking Software teamed up with European FinTech Tink. The partnership will allow Sopra Banking to integrate with the latter’s tech for offering new value and turn-key digital banking solutions. At the same time, Tink will utilise the company’s data aggregation, enrichment, payment initiation, and personal finance management (PFM) technology.

Richard Broadbent, Managing Director at SBS UK mentioned, “It has been a pleasure working with Kensington Mortgages on this exciting project. Kensington are really pushing the change agenda in mortgages, and it has been great to work with them as a co-creation partner. The fantastic results achieved are testimony to the way the two teams have worked so well together at all levels.”

Previous Article

November 10, 2020

Nucleus Software’s co-lending solution selected by Chola

Read More
Next Article

November 10, 2020

Blackhawk Network acquires North America’s NGC

Read More






IBSi Daily News Analysis

cybersecurity,

June 20, 2024

Sopra Banking

Why predictive AI is a critical necessity in the field of cybersecurity

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

June 20, 2024

Natwest snaps up Sainsbury’s banking business in £2.5b deal

Read More

June 20, 2024

DZ Bank taps Surecomp for Collaborative Trade Finance Platform

Read More

June 20, 2024

Mbanq joins IG Tech Cambodia to expand BankTech & BaaS solution in SEA

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
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