IT services provider Niu Solutions has partnered with Virgin Money to further enhance the lender’s intermediary mortgage portal.
Virgin Money selected Niu Solutions to support its plans for digital transformation in response to the changing needs of its intermediary clients.
The project saw Virgin Money develop its mortgage lab, which aims to innovate and make the mortgage application process more efficient.
Niu Solutions virtualised the current Virgin Money Online (VMO) mortgage application and created the Virgin Money Intermediary Portal (VMIP).
This allows Virgin Money’s intermediary clients to quickly and easily access the portal via any web browser, on any device.
The optimised portal also enables clients to make decisions on borrowing more quickly and efficiently than before.
Peter Gee, managing director at Niu Solutions (pictured above), said: “Virgin Money’s aim of delivering a competitive proposition for intermediaries and improving the quality of its service to its customers, is underpinned by its adoption of innovative technology.
“Virgin’s collaborative approach has allowed us to offer our expertise and support its digitalisation plans from start to finish.
“We are extremely pleased to have helped Virgin Money harness the power of technology, and to have launched its portal as fast as possible, with no interruption to the day-to-day work of mortgage intermediaries.”
Peter Rogerson, director of mortgages at Virgin Money (pictured above), added: “Promoting the importance of advisers, championing the cause of intermediaries and building strong relationships with partners are all key components of Virgin Money’s mortgage proposition.
“Niu was able to create a place where intermediaries can carry out their core work simply and easily, on the go, and with the support and functionality they needed.”
SIGN UP TO OUR NEWSLETTER TO RECEIVE MORE NEWS LIKE THIS STORY
Masthaven teams up with Intrinsic Financial Services
Masthaven has announced a new partnership with Intrinsic Financial Services as the bank looks to enable more brokers to access its range of residential mortgages.
Cambridge & Counties refinances Oxfordshire nursery
Cambridge & Counties has refinanced an Oxfordshire nursery, which is creating 50% more places for local children.
How important are brokers in the specialist banking market?
Brokers are an important channel for newly launched banks, a number of industry professionals have claimed.
BFC Bank enters UK market
BFC Bank has launched into the UK banking market offering financial services to UK SMEs.
Liam Fox launches GREAT Innovation in Action Awards
International trade secretary Liam Fox has launched the GREAT Innovation in Action Awards to find the best partnerships between UK and Asia-Pacific companies.
Teachers Building Society names new board of directors chair
Teachers Building Society has named Julie Nicholson as the new chair of its board of directors.
Church of England introduces contactless payments
The Church of England has introduced contactless, virtual terminal and SMS mobile payments to over 16,000 churches, cathedrals and religious sites across England.
FIBA workshops to feature live deal room
The Financial Intermediary & Broker Association (FIBA) has announced that its upcoming regional workshops will give brokers the chance to interact with partner lenders in a live deal room.
Metro Bank to enter Scottish mortgage market
Metro Bank has announced that from 5th April it will be expanding its mortgage business into Scotland.
Do challenger banks need to collaborate on Open Banking?
Collaboration between challenger banks on Open Banking could be a powerful message to consumers and the established players, according to an expert at a recent event.