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OMS announces 30% increase in Q1 2024 completions

Following the recent launch of OMS Originations, a loan origination platform specifically aimed at banks, building societies & specialist lenders, OMS has seen a remarkable increase in Q1 business in 2024, with a staggering 30.1% surge in mortgage transactional completion volume¸that has been processed through the platform compared to the same period last year.

This significant increase underscores OMS's pivotal role at the core of countless broker processes. The substantial growth in transactional volume reaffirms OMS's commitment to empowering brokers with innovative solutions and unparalleled support, driving efficiency and success in the mortgage industry.

OMS is the only end-to-end platform which covers product areas such as residential, buy-to-let, second charge, equity release, bridging, commercial plus general insurance, and protection. It is integrated with market-leading providers – Ignite, Submissions Brain, The Source, Twenty7Tec, iPipeline, Hometrack, Experian, Equifax, Uinsure, Air Sourcing and Knowledge Bank - to provide users with best in class for product sourcing, protection sourcing and criteria searching.

OMS is proud in being among the pioneering CRM platforms in the mortgage industry to attain the prestigious ISO 27001 certification. This significant milestone reflects OMS's ongoing efforts to establish itself as a trusted and reliable partner in the mortgage origination space. By obtaining ISO 27001 certification, OMS reinforces its position as a leading tech provider and strengthens its ability to support the evolving needs of its clients.

In addition, last month saw the company launch ‘OMS Originations’ which streamlines the whole end-to-end mortgage origination journey supporting instant decisioning, product engine, bespoke underwriting processing plus second and third line audit functionality. A customisable dashboard allows lenders to create efficient workflows to meet a variety of borrowing requirements without having to endure lengthy development times or additional costs.

Neal Jannels, Managing Director of One Mortgage System, commented:

“2024 has proved to be an incredibly busy period of the business which is demonstrated by this substantial uplift in transactional business across the platform, a raft of new integrations and in the onboarding of an ever-growing number of users.

“In addition, the introduction of our Originations platform has been a long and detailed process in terms of testing, developing and implementation. We have always had a growth strategy in place to bolster our sales and support teams to coincide with this launch but an overwhelming positive instant reaction has further expedited these future plans.

 “This reaction serves to demonstrate the scale of the appetite from the lending community for such a proposition and we will continue to strengthen in key areas to ensure we are delivering the most complete customer-centric experience across the whole business.”

Published: 16 May 2024