Danske Bank launches DPR’s automated mortgage origination system

Danske Bank has teamed up with DPR to establish a highly automated and streamlined mortgage origination system.

The tailored solution uses DPR’s latest code and features, designed to optimise operational efficiency ensuring applications are handled consistency in line with the Bank’s policies. It provides intermediaries with online access to Danske Bank’s latest residential mortgage product range from initial enquiry to real time decision. The solution takes out many of the manual processes with a fully automated journey and straight through process with their central system.

Danske Bank has also put in place DPR’s Business Intelligence integrated platform. This provides a range of origination reports to keep track of the Banks operations, covering distribution, operational management, as well as regulatory compliance.

Timothy Turner, Head of Business Development at Danske Bank UK commented: ‘We selected DPR to establish our new mortgage origination system due to the high levels of automation and experience in the intermediary market. We have already established an accomplished relationship and have further plans to work with DPR on a number of other projects, with the aim to make banking easier for our customers’

Dave Patel, Director at DPR added: ‘Our collaboration with Danske Bank has resulted in supporting Danske Bank’s move away from a manual process to a more automated one. Together we have established a system tailored to Danske Bank’s requirements, to begin their journey. We look forward to working closely with Danske Bank on other projects.’