Hanley Economic Building Society has announced it is partnering with DPR to begin an overhaul of its current mortgage and savings platforms, and to revamp its back-office systems.
The project is expected to take 12 months in total and is scheduled to be completed by April 2021.
From a mortgage market perspective, Hanley suggested the overhaul will offer intermediary partners access to a new, improved and fully functional online system, helping to speed up and simplify the society’s application process.
DPR has been at the forefront of banking technology and services for more than twenty years, and its fully automated mortgage and savings platforms are trusted by around 40 UK clients –including traditional banks, challenger banks and building societies.
Hanley CEO, Mark Selby, commented: “After three years of breaking records with our commercial performance, and maintaining great service, it’s time to take the society to a more modern model. We will absolutely keep all the things our members love about Hanley Economic Building Society, but we have realised the need to expand our capacity and offer a more modern service.
“The core of our system has been the same for 25 years and we have maximised its capacity. We needed something more fit for the future and working with DPR is proving to be the perfect fit for our mortgage and savings platforms.”
DPR CEO and founder, Dave Patel, added: “We’re really pleased to be working in partnership with Mark and the team as they start the transformation of their savings and mortgage business.
“Our strong focus on the building society sector and breadth of market understanding bears testament to our tried and tested solution capability. I’m confident that our solution will not only power their customer and broker-centric propositions once implemented but also enable them to adapt and continually evolve in the years to come.”
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