19 January 2018
visit http://response.ncr.com

Atom Bank contracts with Iress for digital mortgage platform

11 August 2015  |  8659 views  |  1 Savings house in hands

UK startup Atom Bank is to be the first client for a re-engineered mortgage origination platform designed to meet the needs of digital challenger banks by Iress

Atom Bank is laying down the gauntlet to traditional high street competitors by building an online bank capable of handling customer interactions from end-to-end in a purely digital format.

The bank has already contracted with Intelligent Environments for its mobile apps, and FIS for a streamlined back office, and now becomes the first client to implement the latest version of Iress’ MSO product, which has been re-engineered to meet the digital demands of challenger banks and regional building societies, alongside traditional high street lenders.

MSO will provide Atom with sales and originations functionality to provide straight-through processing and workflow automation for its mortgage platform, from scan and attach at point of sale to automated offer production for intermediaries.

Encompassing a responsive Web design for multi-device access, MSO will be implemented as a managed service, freeing Atom from expensive investment in infrastructures and ongoing maintenance and support.

Speaking from the bank’s Durham HQ, Atom mortgage lead Maria Harris says: “MSO will underpin our business vision and allow us to deliver this within our desired timescales and budgets."

Comments: (1)

Peter Town
Peter Town - Certeco - London | 11 August, 2015, 11:27

Looking forward to the launch of Atom.

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Atom Bank signs for Intelligent Environments platform

Atom Bank signs for Intelligent Environments platform

27 July 2015  |  10550 views  |  0 comments | 15 tweets | 18 linkedin
Atom Bank secures £25 million funding round

Atom Bank secures £25 million funding round

04 December 2014  |  9181 views  |  0 comments | 8 tweets | 6 linkedin
Digital-only Atom Bank seeking to raise £20 million

Digital-only Atom Bank seeking to raise £20 million

30 October 2014  |  8840 views  |  0 comments | 14 tweets | 11 linkedin
Fiserv partners Anthony Thomson on tech platform for new UK banks

Fiserv partners Anthony Thomson on tech platform for new UK banks

02 July 2014  |  10615 views  |  0 comments | 15 tweets | 10 linkedin
Digital challenger Atom Bank scores investment

Digital challenger Atom Bank scores investment

01 July 2014  |  10967 views  |  0 comments | 9 tweets | 8 linkedin
Atom Bank appoints CTO

Atom Bank appoints CTO

27 May 2014  |  9669 views  |  0 comments | 7 tweets | 3 linkedin
Digital challenger Atom Bank hires chief innovation officer

Digital challenger Atom Bank hires chief innovation officer

15 April 2014  |  18000 views  |  0 comments | 4 tweets | 4 linkedin

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.ebaday.comvisit www.vasco.comvisit www.niceactimize.com

Top topics

Most viewed Most shared
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
11216 views comments | 32 tweets | 38 linkedin
Crypto mining threatened by power capacity concernsCrypto mining threatened by power capacity...
10331 views comments | 17 tweets | 18 linkedin
Wells Fargo to close 900 branchesWells Fargo to close 900 branches
9938 views comments | 14 tweets | 16 linkedin
KFC introduces Bitcoin BucketKFC introduces Bitcoin Bucket
9397 views comments | 18 tweets | 16 linkedin
FinTech Scotland appoints new CEOFinTech Scotland appoints new CEO
8485 views comments | 8 tweets | 6 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job