Software provider BEP Systems has launched an underwriting system for lenders called ‘Agile Underwriting’ which joins up the processes.
Case managers and underwriters will make decisions based on a visual representation of risk in one place.
‘Agile Underwriting’ is a module for BEP’s Apprivo2 system.
Chris Little, managing director of BEP Systems, said: “Apprivo2 Agile Underwiting is a revolutionary system which will both simplify and speed up the process of underwriting.
“It works across mortgages, secured and unsecured loans, visualising risks and enabling underwriters to easily reprioritise.
“This will transform the process for underwriters providing a real competitive edge for the lenders who use this system.”