Focus partners with Unisys for mortgage market STP

Source: Focus Solutions

Focus Solutions, a leading provider of proven enterprise solutions to the financial services market, is pleased to announce a strategic partnership with Unisys, a worldwide information technology consulting services and solutions company.

The partnership will provide Unisys with innovative technology from Focus Solutions for their multi-channel mortgage origination platform. Unisys selected focus:technology after a strategic review of the leading forms suppliers in the market.

Based on Focus' experience of creating sales automation and advanced web based applications, Unisys is set to tap into this expertise to create a powerful straight through processing model aimed at the major banks and building societies across the UK and Ireland, selling high volumes of mortgage related business.

Focus' technology is currently being used to power Trigold's Electronic Trading Centre and this partnership deal now enables a lender to develop an e-application process once and deploy this across multiple channels including;

- Branch

- Intermediary portal

- Trigold

- Call-Centre

- Consumer portal

The same data is transferred directly into Unisys' origination platform avoiding the need to re-key.

Lenders for many years have been looking for a single solution from a single supplier to reduce the overall cost of ownership - they now have an innovative alternative.

Richard Stevenson, Chief Executive, Focus Solutions Group plc, comments;

"We are delighted to be working with Unisys as we look to grow our brand further in the mortgage sector. The latest version of focus:technology dramatically reduces the associated costs for developing intermediary and consumer portals in an intelligent and dynamic fashion. Our clients want fast and adaptable solutions delivered with change in mind. We are currently actively engaged on several significant deals together."

Steve O'Loughlin, Unisys Head of Sales for Mortgages in the UK added;

"The Unisys origination platform (UMO) works seamlessly with the award winning UFSS mortgage and banking system and the partnership with Focus will improve further the ability to deliver true end to end process optimisand processnd process optimisation and business agility. UFSS is already a key business component used by half of the top UK lenders. We have a good relationship with Focus, based upon their can do attitude, technology and domain knowledge and this relationship will continue to help us maintain our market leading position."

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