The lending market has changed. It offers exciting possibilities especially to new entrants. But to be successful you will need to correctly address every business challange.
BancTec offers a fully compliant solution for all mortgage and loan origination and servicing activities including; secured and unsecured lending, conforming and non-conforming mortgage lending, first or second charge, equity release and high net worth lending.
Lenders require a flexible, compliant and automated process to ensure their mortgage origination and loan servicing activities offer the most appropriate products that are presented to the client promptly, fairly and to FSA rules and regulations. BancTec's powerful and adaptable solutions eliminate repetitive processes, accelerate the mortgage application cycle and reduce the costs associated with generating mortgage offers and servicing the loan.
Our innovative solutions can be offered as a fully configured in-house system or as a hosted managed service allowing you to purchase without the need for capital investment. But whichever way you choose, it is up-and-running within a very short timeframe, can be changed to accomodate any business requirement or new market regulation and is extremely easy to use.
BancTec’s years of insight in financial business processes, our understanding of the mortgage industry, the origination and servicing process, helps us to deliver exactly what you need: more efficient, secure and flexible processes, with unprecedented compliance and visibility. Just ask our clients.
- Everything a mortgage and lending services organisation needs in a single, cohesive solution including; mortgage and loan origination, broker support, credit and arrears management, administration, loan servicing, forms capture, document management, salesman and mobile device support, product selection and more
- Easily define task priorities, better manage the client case and perform the product offer process quickly, efficiently and to the highest standard
- Eliminate duplicate data entry and processing errors
- Benefit from robust and sophisticated product search capabilities
- Automate the fast, streamlined generation of quotations and key fact illustrations
- Quickly generate dynamic online application forms
- Better decision making using real-time reporting tools and audit trails
The mortgage and lending market has seen extraordinary upheaval over the last 18 months. A rapid explosion in mortgage products; the emergence of high risk lending strategies; relaxed credit standards; all have contributed to a volatile market place.
Increased regulation and control
It is clear that lenders are to take responsibility for proving customers’ affordability. Coupled with new regulation of Buy To Let and other commercial mortgages, lenders face many new challenges.
Constantly evolving technology
If increased regulation and control wasn’t enough, lenders are also faced with new submission routes e.g. Mobile and enhanced automation and integration.
An ever increasing range of activities
Lenders are also faced with an increasing array of activities: Origination, Sales support, mobile activities, forms capture, administration, credit and arrears management, product management, broker support and many other areas. THE BUSINESS IS CHANGING.
BancTec’s pedigree in the mortgage market place is second to none. We have been helping lenders transform their business through innovative technology and consolidation.
At BancTec we provide business solutions, not software products. We exude a sense of commitment to the market – not solely to a specific application.
Our raison d'être is to expand capabilities and profit for lenders and we do this through understanding business requirements, prototyping and providing creative input – new business development ideas and new ways to solve problems.
We understand the capabilities of lenders and enhance their competences through adding value. BancTec’s market leading eFIRST Origin, for example, is a highly flexible and configurable mortgage and lending platform automating processes that require:
- Dynamic data capture
- Multiple configurable workflows
- Multi-channel access
- Product repository
- Eligibility rules and criteria
- Process automation
- Security and control
- Centralised hub to integrate external system
Are you a new entrant to the market?
So you want to challenge existing lenders and you haven’t got the relevant technology and systems? Maybe you need additional expertise from an experienced practitioner in the market place? BancTec can help you with skill and innovation.
How we can help
We know that there are fantastic opportunities for new entrants to the market to compete with established lenders. New entrants can steal a march on the competition by offering customers new ways of doing business as well as new products and services. This is BancTec’s strength – providing attractive and innovative ways of processing these new products and services – what we term as “the secret ingredients” which add Intellectual Property value.
New services
We understand lending and as such we know that today’s typical modern application contains intelligent form handling, workflow, document management and a detailed communications layer requiring a strong security model. At BancTec, we continually improve our services and offerings through feedback, experience and proactively watching the market for change so that when you choose BancTec you can be confident that you obtaining state-of-the-art products and services from experts.
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Mortgage Origination
BancTec's mortgage and loan servicing outsourced solutions provide hosted web-based software applications for automating the mortgage origination and loan completion process.
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Inbound Mail Processing
BancTec’s mail processing service provides full mail receipting, document preparation, conversion of mail to digital format at very high speed, extraction and validation of the required content and we ensure the information is delivered to the correct area of your business to the deadlines you set.
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Hosted Image Archives
BancTec’s document imaging and archiving services provide instant access to your documents and improved information management, as well as considerable cost reduction.
SOFTWARE
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eFIRST Origin
This system, used extensively throughout the mortgage marketplace and other industries, provides an end-to-end solution for new business mortgage origination or to enhance an existing mortgage process.
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CenterVision®
Transforms the way that organisations capture and process all inbound paper and electronic documents by providing a single software platform to optimise the deployment, operation and management of multiple document processing sites and mailrooms across a global business enterprise.
HARDWARE
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IntelliScan® Family
BancTec’s revolutionary suite of high speed document scanners. A choice for every environment and budget. Choose scanning speeds from 200-550 pages per minute - they're the fastest general purpose document scanners in the world.
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Locations
Serving many of the world’s most prominent global enterprises, in 50 countries.
+44 (0)1753 778888
Call now and find out how our customised solutions fit your business needs, not ours.
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