back Back

Twenty7Tec adds Reliance Bank to its APPLY module

By Megha Bhattacharya

February 08, 2021

  • Twenty7Tec
  • UK
Share

UK-based mortgage technology provider Twenty7Tec today announced that it has added Reliance Bank to its APPLY module. The new development is expected to enable mortgage intermediaries to submit applications to Reliance from the CloudTwenty7 platform.

Nathan Reilly, Head of Lender Relationships at Twenty7Tec, commented, “Twenty7Tec is committed to working with lenders of all shapes and sizes to deliver on our ambition of making the process of applying for a mortgage simpler, faster and more efficient. We look forward to working with the team at Reliance to help them to deliver the best possible outcomes for intermediaries and their customers”.

According to Twenty7Tec, APPLY connects lender and intermediary systems via a range of APIs. Users of APPLY are able to submit either decisions in principle or full mortgage applications to lenders connected to the APPLY system. APPLY streamlines the application submission process by acting as the single point of transmission for all data, documents and communication relating to the application.

Gareth Byrne, Head of Mortgages for Reliance Bank added, “The rollout of APPLY has been something that Reliance Bank and Twenty7tec have been working on for a while now and I am delighted that we are now officially able to launch this into the intermediary marketplace. The benefits of APPLY will help improve the mortgage broker’s application journey with Reliance Bank whilst still maintaining our high level of personal ownership of applications. This roll out is a further important step in the Bank’s journey in the mortgage intermediary market and further strengthens our ongoing relationship with Twenty7 Tec.”

Recently, Twenty7Tec announced that it has entered into an agreement with Skipton Building Society. The collaboration is expected to support the integration of Twenty7Tec’s APPLY module with Skipton’s origination platform. The companies aim to roll out the integration in Q1 2021.

Twenty7Tec’s CloudTwenty7 platform has been developed with an aim to make the process of searching, applying for and obtaining a mortgage simpler, faster and more efficient. The platform can be used by all participants in the mortgage market.

Previous Article

February 08, 2021

Signicat and Mambu to digitise identity management services across Europe

Read More
Next Article

February 08, 2021

UAE’s DenekB joins Visa’s FinTech fast track program

Read More






IBSi Daily News Analysis

Data privacy

July 16, 2024

Twenty7Tec

Rise in sophisticated attacks, state-level threats, and increased ransom DDoS Incidents

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

July 17, 2024

FIS & Lendio launch ‘SMB Digital Lending’ to boost small business loan processes

Read More

July 17, 2024

Invest Blue taps GBST for its WealthConnect practice management solution

Read More

July 16, 2024

TISA goes live with Oracle’s core banking system, Flexcube 14.7

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
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 2024