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B&B picks mortgage system

Bradford & Bingley has picked Marlborough Stirling and Unisys to provide an end-to-end mortgage system.

B&B says Unisys Financial Services System from Unisys and Omiga from Marlbor-ough Stirling will give it the flexibility to design and implement new products quickly and efficiently.

The system is also expected to provide consistent and compliant calculations and illustrations across all distribution channels.

B&B group operations director Robert Dickie says: “Not only will this system accommodate our existing business and our growth ambitions, it will also enable us to comply with the introduction of mortgage regulation.”

Marlborough Stirling managing director David Edwards says: “The ability to accept new business electronically from multiple distribution channels makes Omiga a long-term strategic solution that we are confident will deliver business benefits.”


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Network edge

The comments made by our colleagues at Sesame and Bankhall regarding their predictions that smaller networks will not survive nor have the scale to multi-tie were very intriguing to say the least and demonstrate the depth of self-delusion and complacency inherent in certain parts of our industry. A parallel example of such business myopia can […]

Is inflation overblown?

A year ago, markets were obsessed with the threat of global deflation. The headlines were full of tales of Germany plunging into a lengthy period of deflation and the unending flat line of Japanese growth. Now, a mere 12 months later, the pendulum has swung back and concerns are shifting to the risk of resurgent […]

IFAs in test scheme for workplace advice

Six IFAs are taking part in a Department for Work and Pensions pilot scheme to give staff whose employers do not offer a pension contribution access to advice in the workplace. The IFAs are SBJ Benefit Consultants, Shields Financial Services, Simmonds Ford, Wise Speke Financial Services, WR Financial Management and Destini Fiona Price. Pension providers […]


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