One Mortgage System (OMS) has expanded its partnership with Experian to allow lenders and brokers to access Experian’s mortgage passport.

The services offered to OMS brokers include reference data and identify services, which are designed to drive automation and operational efficiencies, as well as better services to clients.

The partnership extension builds on OMS’ existing suite of Experian data solutions and the additional integrations are set to "revolutionise" the on-boarding process for mortgage brokers by assessing affordability based on real data rather than estimates.

By simplifying client assessments and expediating decision-making through data accuracy and efficiency, administrative burdens are expected to be cut, allowing for brokers to focus on delivering a more personalised and dependable service, benefiting both brokers and their customers.

Managing director at OMS, Neal Jannels, said: "We have a strong ongoing relationship with Experian and its use of modern technological infrastructure, advanced analytics and machine-learning models will remain key in helping our platform to identify and authenticate counterparties, ensure transactions are legitimate and prevent any signs of fraudulent activity.

"This enhancement is designed to meet all users' end-to-end identity and verification requirements while also reducing an array of time-consuming administrative burdens. A combination which offers users with additional security and frees up more time for advisers to do what they do best – engaging with their clients and growing their business."

Managing director for consumer information services at Experian UK&I, Paul Speirs, added: "Through data and technology, our goal is to provide a quicker, seamless and more convenient digital experience for both our partners and ultimately consumers.

"We have partnered with OMS for a number of years and we are working together to ensure that lenders and intermediaries can focus on the right things and make better-informed decisions for their clients looking to buy a home."

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