Freedom Finance selects OMS as back-office processing support

Freedom Finance has selected One Mortgage System (OMS), the seamless single-input enquiry-to-completion processing platform for brokers, to be its back-office processing support partner.

The lending platform has opted to partner with OMS’s all-encompassing full back-office processing system after an extensive review period. This adoption further extends the uptake of the OMS platform and underlines heightened demand for cost-effective and time-saving tech enhancements across the mortgage market.

Freedom Finance is one of the UK’s leading lending platforms, providing unsecured personal loans, credit cards, mortgages and other financial products.

OMS is the only end-to-end CRM system which covers product areas such as residential, buy-to-let, second charge, equity release, bridging, commercial plus general insurance and protection. It has already integrated with many market-leading platforms – including Submissions Brain, Iress, Twenty7Tec, iPipeline and Knowledge Bank – to provide users with best-in-class product sourcing, protection sourcing and criteria searching.

Neal Jannels, Managing Director of One Mortgage System (OMS), commented: “Freedom Finance is a true innovator when it comes to entrepreneurship in the lending sector. As a company, they are at the forefront of the tech curve in terms of how they utilise data and adapt a range of solutions to ensure their customers can easily access the most appropriate products for their needs.

“It’s always heartening for the OMS platform to be chosen to play an integral support role in the future of such a leading tech-focused proposition, and we’ve successfully brought together a number of system integrations to cater for all of Freedom Finance’s requirements. It’s been an exciting journey with both tech teams and we look forward to enhancing this further during 2022.”

Andrew Fisher, Chief Commercial Officer at Freedom Finance, added: “Our partnership with OMS is a highly progressive move. OMS is a pioneer in mortgage processing and their ability to meet our ambitious aims was a key factor in the decision-making process. The vast experience and expertise of the OMS team offers an additional dimension to our offering and provides users with a seamless experience, dovetailing perfectly with our digital lending marketplace.

“Reliable, innovative technology that simplifies the customer journey is exactly why Freedom Finance is trusted by so many of the UK’s biggest lenders. This partnership will make it easier for even more people to benefit from the extensive range of mortgage products and providers available via our digital marketplace.”