Vernon Building Society has partnered with FintechOS to support its investment in a unified mortgage platform that covers the full lending lifecycle.

The Vernon has chosen to partner with FintechOS as part of major investment to modernise its mortgage lending capabilities and improve the experience for members, brokers and colleagues without the disruption of a full system replacement.

The platform includes the complete origination workflow, from initial enquiry and decision in principle through to application, underwriting, offer, completions, product switches, and further advances.

In addition, the platform provides Vernon’s team the ability to design and launch new mortgage propositions using no-code configuration and AI-enabled capabilities.

Vernon Building Society chief executive Darren Ditchburn says: “This is an important step forward for the Vernon. Our partnership with FintechOS gives us a modern, flexible mortgage platform that will significantly improve the experience for our members, brokers and colleagues.”

“It allows us to combine the stability of our core banking systems with the innovation needed to support future growth. Most importantly, it helps ensure we continue to provide great service, quicker human decision making and a more transparent mortgage journey, while remaining true to our mutual purpose.”

FintechOS co-founder and chief executive Teo Blidarus adds: “Forward-thinking building societies like the Vernon are choosing a pragmatic modernisation path: modernise above the core, unify product and pricing logic with origination execution, and move faster without the risk and disruption of full system replacement.”