DPR, the established provider of banking technology, has announced it is launching an enhanced platform for retail and business savings to meet the changing needs of the UK market.
The new platform provides a comprehensive, flexible, and fully branded online application and account servicing platform for retail and business savings, featuring digital capability that can on-board and provide core banking for savings customers across multiple channels and offering providers the ability to launch and manage multiple account types. It has been designed to embrace the rise of Open Banking and APIs, and the next generation of banking technology.
Dave Patel, co-founder and CEO of DPR, says:
“A combination of factors are driving changes in the UK savings market, so we have transformed our savings proposition to ensure we meets the needs of our 40+ bank and building society clients and their retail and business customers. Our enhanced savings solution can help our clients to increase revenues, enhance customer experience, and improve operational efficiency.”
DPR’s existing savings clients include Masthaven, Saffron Building Society, Cambridge Building Society, and Redwood Bank, which is the first UK business bank to be 100% cloud-based. DPR’s core banking platform underpins the Bank’s core business operations, providing bank staff and brokers with a streamlined and efficient platform for on-boarding new applications and administering existing accounts.
Dave Patel adds:
“Our modular solution can be deployed in the cloud or on premise in just 3 months and I firmly believe we have the most comprehensive offering available in the market, enabling our clients to open up access to a vast number of mainstream and specialist customer segments.”
Highlights of the new platform include:
- Retail and business savings accounts
- Flexible and fully branded online application and account servicing system
- Responsive design that works on any device
- Modular solution
- Over 30 different FinTech integrations
- Over 100 different business processes
- Fully managed service
- Deployed in the cloud or on premise
- Can be deployed in just 3 months
DPR technology encompasses a core banking platform for origination and servicing that is used by over 40 UK financial providers in the mortgages, loans and savings sectors. The DPR Group also includes eKeeper, a broker CRM system with nearly 3,000 users across the country, and Burrow, which provides a digital front end to mortgage brokers.
DPR was founded in 1996, and works with over 40 financial institutions to provide technology for their origination and servicing activity across all channels and devices. Today DPR has a team of over 200 people, 160 of which are based in the UK.
For further information please contact:
Head of Business Development, DPR Group
020 7050 2000