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Ocean Finance partners with software provider


Ocean Finance partners with software provider

Equiniti has announced it has entered into an agreement to provide broking technology to Intelligent Lending which operates under the Ocean Finance brand.

The partnership comes after increasing demand in the second charge loans market led to Ocean Finance identifying that leveraging software to undertake sourcing would improve the customers’ experience. 

After working with Ocean Finance for a number of months, Equiniti Pancredit, part of the Equiniti Group, created a platform which fit their requirements.

One specific area which was created was the ability to connect directly with the lender via XML integration and removing the need to re-key applicant details once sourcing had been undertaken thereby enhancing the speed of completion and customer journey.

Graham Donald, Managing Director of Equiniti Pancredit, said he was delighted to announce the new contract win. 

“The technology we are providing to Ocean Finance delivers a service that would otherwise be manual and labour intensive, further demonstrating Equiniti’s ability to provide technology solutions that make it easier for our clients to do business.”

Geoff Dearden, Director of Intelligent Lending, added: “Pancredit’s solution has enabled us to remove manual, paper-based underwriting and minimise re-keying. 

“This frees up loan advisors to spend more time talking to customers and will enable us to source loans for customers more quickly.”




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