Mortgage and banking technology firm Phoebus has partnered with MIAC Analytics which provides a wide range of services to help lenders meet risk management challenges.
Phoebus administers the mortgage books of lenders who now have access to MIAC’s advisory and software services including property analytics, due diligence, independent stress-testing and pricing/valuation of assets.
MIAC also provides model development and validation for regulatory reporting on IFRS9, Solvency II, Internal Ratings Based and Basel IV for financial services firms.
Adam Oldfield, Chief Revenue Officer at Phoebus Software Ltd, said: “Our strategic partnership programme enables us to offer clients add-on services, which are easy for us to implement through APIs with our partners.
“MIAC has a wealth of data to provide deep analysis that is vital for lenders giving them insights into house prices, risk management and accounting solutions”.
David Pickles, Managing Director, UK & Europe at MIAC Analytics, commented: “Phoebus has an impressive range of clients across the lending spectrum from residential to buy-to-let, specialist, bridging and equity release. We work in all these areas and are thrilled to partner with Phoebus to offer our services to its clients.
“MIAC has the analytics and experience to guide our client partners through market turmoil and any investor, regulatory, and accounting developments affecting the financial services industry.”
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For further information please contact:
Jo Atkin, bClear Communications