Phoebus, the mortgage and banking technology firm, has forged a new partnership with MIAC Analytics to offer a range of services to lenders.
MIAC Analytics provides services to assist lenders in meeting their risk management challenges, including property analytics, independent stress-testing, due diligence, pricing/valuation of assets, and model development and validation for regulatory reporting on IFRS9, Solvency II, Internal Ratings Based and Basel IV for financial services firms.
As a result of the partnership, lenders who use Phoebus’ mortgage book administration services will now have access to MIAC’s advisory and software services.
Phoebus chief revenue officer, Adam Oldfield (pictured), said the strategic partnership programme allowed the company to offer its clients additional services that can be easily integrated through APIs with its partners.
Oldfield added: “MIAC has a wealth of data to provide deep analysis that is vital for lenders giving them insights into house prices, risk management and accounting solutions.”
MIAC Analytics managing director for the UK and Europe, David Pickles, added: “Phoebus has an impressive range of clients across the lending spectrum from residential to buy-to-let, specialist, bridging and equity release.
“We work in all these areas and are thrilled to partner with Phoebus to offer our services to its clients.
“MIAC has the analytics and experience to guide our client partners through market turmoil and any investor, regulatory, and accounting developments affecting the financial services industry.”
The partnership with MIAC Analytics is part of Phoebus’ strategic partnership programme, which aims to offer clients a range of add-on services to enhance their offerings to lenders. The collaboration with MIAC Analytics is expected to bring additional benefits to Phoebus’ clients across the lending spectrum.
