10x Banking, the transformational cloud-native SaaS core banking platform, and Mast, the cloud-native mortgage origination platform specialising in the UK market, are thrilled to announce their partnership, enabling real-time connectivity between the two systems.
Alongside the partnership comes an API integration guide “on 10x Docs, which provides UK mortgage lenders with a quick and simple integration path.”
The guide covers various integration scenarios “specific to the UK mortgage market, including product creation and account onboarding.”
In an ever-changing financial landscape, efficient and secure integration between systems is paramount, especially in “the mortgage industry. Using the integration, lenders will benefit from streamlined data exchange, enabling real-time mortgage servicing that removes the need for any manual re-keying of data between systems.”
Joy Abisaab, CEO of Mast, said:
“We are thrilled to collaborate with 10x and provide seamless integration for UK mortgage institutions. Together, we empower UK lenders to unlock new levels of operational efficiency and enable the delivery of exceptional customer experiences.”
Frederico Venturieri, VP and Global Head of GTM and Partnerships at 10x, said:
“This partnership represents a key milestone in how we support the transformation of the UK mortgage and building societies markets. This integration will enable customer-facing innovation that rethinks the mortgage lifecycle using cloud-native tools, unlocking new growth opportunities for our clients.”
Last year, it was reported that 10x Banking, the transformational cloud-native core bank operating system, and Iress, the company behind MSO, the UK’s mortgage sales and origination software, have joined forces “to bring the collective power of their platforms to UK lenders.”
The partnership will enable lenders to seamlessly “connect MSO with SuperCore®, 10x’s next-generation core banking platform, enabling a greatly improved customer experience. This includes faster decisioning, a fully digital onboarding experience with real-time updates, and digitally native mortgage servicing. It also removes manual data entry for lenders during product creation and account opening, which can be a major operational burden that’s prone to error.”
