Company Milestones
1989
PSL launchs bank software covering savings, current accounts, retail loans, dev finance, treasury and GL
1990
Residential mortgages module implemented
1992
Asset finance module developed and implemented
1996
PSL’s first external sale to The Bank of England
1997
GE Capital become PSL’s first client since becoming independent
1997
Phoebus redeveloped as a platform & database independent JAVA application
2000
Crown Mortgages becomes a client. subsequently acquired by Capita which is now Link Asset Services
2002
Developed commercial mortgage module
2002
Automated intelligent workflow launched to control arrears and asset management
2004
High volume web and back office mortgage originations module implemented in time for “Mortgage Day”
2007
Sub-participation and syndication module built. Pension Deficit module launched.
2007
Launched origination and servicing of Equity Release mortgages
2010
PSL achieves Investors in People accreditation which has been maintained since
2011
Launch of hosting proposition.
2011
Migration of 350,000 accounts from Target’s Centrac system on to the Phoebus Client @ GE Home Lending
2012
PSL is recognised with an industry award by Mortgage Finance Gazette for migration functionality
2012
Savings module upgraded for high volume of accounts. High volume web unsecured loan module implemented
2012
Major upgrade to Securitisation module
2014
First instance in Ireland
2018
Client mortgage migrations self-service capability developed and launched
2019
Innovation Hub “No. 43” launched
2019
Mortgage originations and migrations API launched
2020
Digital Mortgages Self-Service launched for PSL clients