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Phoebus Software is supplying Oakwood Global Finance LLP with the IT platform for
their new servicing system. Phoebus has been chosen to build the bespoke servicing
platform following a 5-way pitch.
Oakwood has ordered the platform to accommodate mortgage books from 3rd parties
and those they have bought themselves - offering Oakwood the flexibility to stream
borrowers and apply variable, TCF collections strategies.
Jason Miller, managing director and partner of Oakwood Global Finance LLP said,
“The Phoebus platform was the best in the market – the fact they can build a system
to our specific requirements, and the fact they understand both our business and
our clients' needs meant they stood out from the crowd. Their commitment to constantly
developing new technology and their expertise in the mortgage market meant they
were ideal partners for us.”
“We were delighted to be given the chance to work with Oakwood,” said Paul Hunt,
managing director of Phoebus Software, “Their management team is renowned in the
mortgage market for being very technologically savvy and we felt we'd make a good
fit. Oakwood want a bespoke innovative system with plenty of custom-built features.
They want to buy a top-flight servicing platform. We're currently working with them
to understand their needs, and are implementing the new system in Q4 2009.” |
