Target Group has partnered with Provenir to enhance its Mortgage Hub platform, which aims to streamline mortgage origination.
The integration of Provenir’s unified decisioning platform aims to automate decision-making throughout the customer lifecycle, from application to management, fraud detection, and collections.Â
The Mortgage Hub should be able to provide a decision in principle (DIP) in 20 seconds.
Melanie Spencer, sales and growth lead at Target Group, said: “In today’s climate, it has never been so important for lenders to be able to make informed decisions, and for the good of the entire mortgage process, to make those decisions quickly.
“Having Provenir behind the scenes of Mortgage Hub to help power decision making certainly helps to achieve this, all the while improving the experience for customers, brokers and all parties in the mortgage journey.”
Mark Collingwood, vice president sales Europe at Provenir, said: “Provenir is very proud to partner with Target and Mortgage Hub, supporting the continued digitalisation of the mortgage process with intelligent decisioning.
“This integration allows institutions to power decisioning innovation across the full customer lifecycle for operational efficiency and improved customer experience.
“This is a shared ethos between Provenir and Target, and the driving force behind both our platforms.”
