Tandem Bank extends OMS partnership to support new broker origination system

The partnership has been extended to incorporate all second charge activity across the business.

Related topics:  Specialist Lending,  Second charge
Rozi Jones | Editor, Financial Reporter
27th March 2024
technology tech stats graph phone
"We have been on a journey to substantially enhance our loan origination system capabilities by creating Tandem Connect."
- Nigel Brookes, head of second charge sales and distribution at Tandem

One Mortgage System has enhanced its application programming interface (API) integration with Tandem Bank, extending this across the lender’s second charge business to incorporate its new, custom built, broker origination system – Connect.

December 2020 saw OMS complete an initial API integration with Oplo, which merged with Tandem Bank in 2022 and this partnership has been extended to incorporate all second charge activity across the business.

This enhanced integration will see OMS users benefit from direct access to Tandem Connect and its range of second charge mortgage solutions via a full two-way integration, providing the ability to generate fast lending decisions without the need to rekey any data.

Neal Jannels, managing director of OMS, commented: “Tandem continues to strengthen its presence within the specialist residential lending market and in supporting the intermediary community to deliver successful customer outcomes and help clients navigate the ongoing cost of living challenges.

“Tandem’s ethos around helping more people in the UK to make greener choices that benefit both their pocket, and the planet is a highly commendable one and I’m sure that this API integration will further enhance this growing reputation amongst our ever-growing user base.”

Nigel Brookes, head of second charge sales and distribution at Tandem, added: “We have been on a journey to substantially enhance our loan origination system capabilities by creating Tandem Connect. This has been further enhanced by integrating with OMS where the experience has been excellent, thanks to seamless collaboration with Neal and the team.

“The integration with OMS and access to Tandem Connect will enable brokers to process applications at pace and scale, bringing significant time and cost savings, delivering more value to our brokers and their clients.”

More like this
CLOSE
Subscribe
to our newsletter

Join a community of over 30,000 intermediaries and keep up-to-date with industry news and upcoming events via our newsletter.