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 PRESS RELEASE 03 May 2016

 Marlborough Stirling Canada launches innovative products and services to the Canadian mortgage lending market

Marlborough Stirling Canada (MSC), part of Capita plc, today announced the addition of new products to its mortgage suite.

  • OmigaLite is an enterprise grade underwriting platform tailored for the small to mid-sized lender. As a lite version of the Omiga underwriting solution, it enables lenders to acquire a competitively priced ‘out of the box’ SaaS solution.
  • Core functionality includes automating adherence to policy, procedure, business and risk rules, as well as audit and regulatory requirements. Users also benefit from a nimble configuration set which can be easily updated and maintained. In addition, the inclusion of the Broker Portal – enabling users to see the status of deals in real time - provides further efficiencies for lenders and brokers alike.
  • OmigaLite is offered as a fully hosted solution, which removes the burden of operational overheads and guarantees service levels for uptime and data management. It provides full disaster recovery and training environments to mitigate any risks of data corruption or loss.
  • MSC Link is available to the brokerage community and enables enterprise proprietary technology to link to participating lenders, for the purpose of exchanging mortgage and customer information. This service removes the need to integrate multiple systems to manage data. MSC maintains the MSC Link, supports data mapping, and manages the transmission and receipt of information between the broker and the lender. This solution creates control at the broker level, with MSC divesting the right to store and process data. MSC Link services will be available in the summer of 2016.

Chris Pornaras, CEO at Marlborough Stirling Canada, said: "These new products provide leading edge capabilities and functionality, helping lenders and brokers meet the ever changing requirements of the highly competitive Canadian mortgage market.

"The development of MSC Link demonstrates the capability of our systems integration business, which enables professional services to use enterprise brokerage technology, maximizing their operational efficiencies and creating true enterprise value."

-ends-

For more information about OmigaLite and MSC Link, please contact:

Customer Care
Tel: 1-877-626-2022 x 1
Email: customercare@mscanada.com

Marlborough Stirling Canada Limited is a wholly owned subsidiary of Capita Mortgage Administration Limited. (http://www.capita.co.uk/)


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