×


Home About Contribute Media Kit Contact Sign In
×







.


Technology Industry News

BEP Systems develop buy to let platform for State Bank of India UK


BEP Systems, the mortgage origination software house, has been appointed by the State Bank of India UK to provide a systems solution for its buy to let lending platform.

  • By
BEP Systems develop buy to let platform for State Bank of India UK


"This is an exciting project and demonstrates the highly regarded reputation BEP Systems now have in the lending sector."
Chris Little



BEP Systems, the mortgage origination software house, has been appointed by the State Bank of India UK (SBI UK) to provide a systems solution for its buy to let lending platform.

SBI UK operates via Intermediaries, and its branch network, all of which will see positive improvements to processes as a result of the new systems.

Products currently provided by SBI UK include buy to let mortgages to portfolio landlords and individuals including via limited companies, SPV’s and ex pats are also catered for. Property types include lending on HMOs, houses and flats throughout England and Wales.

BEP Systems will use their customisable Apprivo2 platform to deliver a fully integrated lending origination solution. It will power the whole journey from initial application, decision in principle, packaging and underwriting through to completion of the mortgage.  The platform will bring about improved automation for SBI UK, including new interfaces with Quest for valuations and Experian for credit checks. The new lending processes are likely to be live in Q2 2020.

Kalpesh Avasia, ED & COO at SBI UK, said: “When looking for a software partner, we were impressed with the slick system of BEP Systems for delivering a state of the art buy to let originations platform. The solution is very flexible at integrating with existing back office systems and generating new processes to increase the efficiency of our lending.”

Chris Little, Managing Director of BEP Systems, said: “I‘m delighted to be working with such an interesting and well-established lender as SBI UK. This is an exciting project and demonstrates the highly regarded reputation BEP Systems now have in the lending sector to deliver specialist systems for a variety of mortgage companies.

“We will use our Apprivo2 platform as the basis of the development and customise it to suit the requirements of SBI UK.  We believe Apprivo2 is one of the fastest growing systems in the UK serving specialist finance lenders and continues to provide cutting edge software solutions for a wide spectrum of clients.”

.


Technology Business News - North Shields based Harriet Ghost and Micky McGregor run Blowin a Hooley Theatre and have previously toured Tom Hadaway s classic play The Filleting Machine to pubs, working man s clubs, community centers, heritage venues and theatres across Tyneside.


360 Degree Film Comes Full Circle for Theatre Company

Technology Business News - A spinout from the University of Cambridge has secured 1.5m in seed funding to begin the rollout of its unique artificial intelligence technology.


iKVA secures £1.5m seed funding for AI knowledge management tech solution

Technology Business News - The company has developed Docuflo - a bespoke document management system - to optimise the retailer s warehouse processes and manage its warehouse inventory.


£7m contract win for Docutech

Technology Business News - With technology speeding ahead, The ICC Group are growing and expanding to keep up, adding new solutions to complement their existing Managed Services offerings, that will add value to their clients.


Joining forces to provide critical managed cyber security solutions

Technology Business News - A Midlands website company is going the extra mile to make sure its customers are protected against the increasing risk of cyber-attacks and data theft after receiving international recognition for its security procedures.


Website company going the extra mile to guard against cyber attacks

Technology Business News - North East technology specialist Advantex has appointed two new apprentices as it invests further to secure its future workforce needs and strengthen core technical skills.


Family affair for North East's Advantex






Ten Times Ten

We transform your bright ideas into brilliant digital products.