Valuation panel management firm VAS has launched the VAS Lender API for its lender clients to further streamline communications and support with data collection.
A year in the making, the VAS Lender API aims to support the management of valuation requests through technology.
The system was designed to reduce manual effort, minimise errors, and optimise workflows – all while supporting lender growth and scalability.
The VAS Lender API cuts the need for manual data entry, thereby reducing errors which results in significant time savings and increased efficiencies for its clients and their partners.
The API provides real-time updates via webhook notifications, and communication is customisable and streamlined – with the potential to eliminate the need for email altogether.
Lenders can choose how much of their process to integrate with the API.
For example, it would be possible to send only new quote requests via the API and continue the rest of the journey via the front end of the VAS platform.
VAS has already launched its API with several existing clients.
Stephen Todd (pictured), co-founder and CCO at VAS, said: “This is a really important step for VAS as we recognise our clients are investing significantly in their technology infrastructure to provide their clients and broker partners a more efficient experience.
“We now have the ability to support our clients by making the valuation process manageable via their own platforms.
“We can also extract information that was previously not available, and send this straight into our customers’ internal systems, further enabling them to better manage their loan book and cut down on manual entry.”
Ian Furlong, CTO of VAS, added: “As lenders grow and adopt more sophisticated technology, the API ensures they can scale their operations without having to move off their platform to get valuation quotes, instruct, and monitor progress—ultimately creating the feeling of VAS being an extension of their business.
“Beyond efficiency, the system fosters accuracy and integration, ensuring smoother operations and higher reliability throughout the valuation process.”
