The Scottish Building Society has partnered with Iress to utilise its MSO software, in a bid to create efficiencies in its existing mortgage process.
The society is currently piloting the software with a select group of its brokers, with a full roll out set for June 2024.
By implementing MSO, the Scottish Building Society has created a technology platform that supports business expansion while continuing to deliver high levels of customer service.
Andrew Simon, Iress’ CEO of mortgages, said: “As the UK’s oldest remaining society, Scottish Building Society has had to constantly evolve to remain at the forefront of the market and its implementation of MSO is the latest example of that.
“We’re proud to be a part of that storied history and to help them expand into a new chapter.”
He added: “We’re very much looking forward to continuing this journey with Scottish Building Society and supporting their delivery of the personal touch they are known for through a cutting edge technology platform.”
Paul Denton, Scottish Building Society’s CEO, added: “It is always refreshing to work together as one team with a supplier and that has very much been the approach with Iress on the implementation of MSO.
“MSO delivers real improvements to the mortgage process for brokers and members. The new technology speeds up the process element without taking anything away from the personal touch we have always employed since we were founded in 1848 – something we know is valued by brokers and members alike.”
