One Mortgage System (OMS) has partnered with Sikoia in order to boost mortgage processing efficiency for brokers and lenders across the UK.

Through the collaboration, OMS has integrated Sikoia’s AI-powered automated document processing solution into its CRM and originations platforms.

This solution is designed to simplify and accelerate the mortgage process by reducing administrative burdens and improving the borrower experience.

Using AI, OMS users will now be able to automate the processing and verification of customer documents such as analysing bank statements, payslips and tax returns, reducing the administrative burden of manual assessment.

Other key features include automated budget planning, income verification and employer checks.

Currently, OMS processes approximately 5,000 new mortgage applications each month, and with the integration of Sikoia’s technology, this number is expected to increase while maintaining a high level of accuracy and efficiency.

Sikoia, regulated by the Financial Conduct Authority (FCA) as both an account information service provider and credit reference provider, helps providers within financial services centralise and automate key parts of their customer verification processes.

With a customer evaluation dashboard and API integrations, Sikoia offers secure access to customer data, ensuring a smoother and faster onboarding experience for financial institutions.

Managing director at OMS, Neal Jannels, said: "We are constantly looking for ways to enhance the mortgage journey for our users. By integrating Sikoia’s AI-powered solution into our platform, we’re giving brokers and lenders the tools they need to reduce paperwork, save time, and focus on what matters most - delivering the best possible service to their customers.

"This collaboration will undoubtedly have a positive impact on both operational efficiency and customer satisfaction for intermediary firms and lenders across the UK, and we look forward to a long and successful collaboration."

Founder and chief executive officer at Sikoia, Alexis Rog, added: "We're excited to partner with OMS, a company that shares our vision for transforming mortgages and lending through innovative technology.

"With a single integration into their cutting-edge CRM and Origination platform, thousands of users will gain access to AI-powered solutions that can not only save hours of processing time but also enhance the customer experience. We look forward to making this long-term partnership a success."

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