UK Homeloan

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UK Homeloan
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posted:
12/21/2008
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English
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4
case study









Homeloan Management Ltd

Loan Enquirer E-Solution







“Loan Enquirer helps us offer unique value-added customer service. It allows our clients’

customers to manage their mortgage details through the website, without having to ring

up our helpdesk, saving a lot of their time and ours, not to mention overheads. Nobody

else in the market can provide this service at the moment, and that’s exactly what we

asked from Trinity”.





Paul Fenn

HML E-Commerce Executive

Homeloan Management Ltd

case study





Loan Enquirer







Trinity Expert Systems developed a

Challenge unique E-Solution for Homeloan

Differentiate from competition by offering unique customer Management that enabled web users

service. to access personal loan and mortgage

details in a real-time environment.

Solution

Complete E-Solution providing customers with web

access to loan and mortgage details. Background





Result Homeloan Management Limited (HML) is the UK’s

Value-added customer service. acknowledged leader in the provision of mortgage

outsourcing facilities to major banks, building societies

Technology and other lenders. Since the company was formed

Microsoft SQL Server in 1988, HML has been at the forefront of the

Windows NT4.0 and IIS4 mortgage outsourcing industry in the UK. HML

Active Server Pages (ASP) provides a wide range of services that allow financial

XML data transfer with cascading style sheets. institutions to focus on building their businesses,

sound in the knowledge that their mortgage portfolios

are being managed on one of the UK’s most robust,

flexible and dynamic mortgage systems. In December

2000, HML had £6 billion of assets under contract,

acting on behalf of over 30 blue chip clients.





HML’s mission statement is “to provide the most

effective solution, in both administration and system

services, to financial institutions operating in the

mortgage, loan and savings markets”. To achieve

this, HML gathers, stores and processes vast

amounts of data covering financial trends and

spending patterns.





Through a long-standing partnership with HML,

Trinity was selected in 1999 to be HML’s technology

partner aboard project Concorde, the single most

critical investment programme in the company’s





Trinity Expert Systems plc

history. Its aim was to establish HML as the UK’s Loan Enquirer is an unbranded application

undisputed “Best in Class” service provider in the specifically developed for outsourced financial

mortgage and loan sector, by enhancing operational services. Customers can access their lender’s

capability, allowing total flexibility in the manipulation branded portal through Loan Enquirer and view,

of data as well as speeding up processes. The query and carry out complex analysis of their data

project involved a complete re-engineering of HML’s in what is effectively a ‘real time’ environment. More

processes, combined with the deployment of state- complex information requirements can be requested

of-the-art technology in every area of the business. via email, substantially reducing overheads by

freeing HML’s helpdesk. Loan Enquirer also created

The challenge a channel for approved third parties that allows

them to access information specific to their accounts,

The financial services market is dominated by benefiting rating agencies or auditors working with

intense competition. Previously unrelated HML clients.

businesses (e.g. supermarket chains) have become

important players, creating a surplus of supply, The project brief required Loan Enquirer, as a

which has led to complete customer power. The customer facing application, to have a

Internet has eliminated physical (or geographical) distinguishable identity. Trinity is a one-stop-shop:

constraints, allowing customers to “shop around” our Design Consultancy team ensured that look

for the best deals in the market, further compounding and feel matched the application’s increased

competition. To face this challenge, HML decided functionality, delivering a complete solution that

to base their Unique Selling Proposition on Internet satisfied business requirements at the front and

applications. back end.





Solution Further Concorde initiatives include important

enhancements to the HML customer contact centres,

HML sought Trinity’s help to provide them with an as well as the integration of ‘second layer’

e-solution that would ensure their market leadership. technologies such as knowledge based systems

HML’s objective was to offer a complete e-service and intelligent underwriting.

to their clients, allowing them to securely access

their personal loan/mortgage details through the

HML website. Trinity made this possible by web-

enabling the newly implemented data warehouse

in a project known as Loan Enquirer, which

substantially improved the delivery of data to web

users.





Trinity Expert Systems plc

case study









A Visual Communications Group Publication Tel.024 7642 0100

Result





Loan Enquirer is an e-solution that realises the

tremendous potential of Internet applications by

providing a unique tool for improved customer

service. It offers benefits throughout the chain of

interdependent parties, specifically to:





§ End users (B2C): Loan Enquirer delivers real

value to customers by allowing them to deal

directly with their loan/mortgage provider and

get real-time personal information by simply

logging onto the website.

§ Loan / mortgage providers (B2B): To HML’s

clients, (e.g. building societies) it offers the

benefit of being perceived as better service

providers by their own customers who use the

web.

§ Homeloan Management, as the provider of

Loan Enquirer: The service is unique in the

market, giving HML a great competitive

advantage and realising their objective of market

leadership.





Paul Fenn, HML E-Commerce Executive said: “Loan

Enquirer helps us offer unique value-added customer

service. It allows our clients’ customers to manage

their mortgage details through the website, without

having to ring up our helpdesk, saving a lot of their

time and ours, not to mention overheads. Nobody

else in the market can provide this service at the

moment, and that’s exactly what we asked from

Trinity”.









For further information contact: Trinity Expert Systems plc, The Oaks, Westwood Way, Coventry, CV4 8JB.

www.tesl.com Phone:+44(0)24 7642 0100 Fax:+44(0)24 7642 0111


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