The software upgrade is now live across the lender’s entire broker network. The project involved upgrading the core platform, delivering a new digital broker portal and integrating it out to key partners, with the aim of simplifying the end-to-end mortgage journey.

The firms said that the project has now put in place a framework for “future innovations” between the two, through the modern API structure.

Mark Arnold, chief executive officer at Kensington Mortgages, said the firm chose Sopra due to shared vision of how the industry should evolve.

He continued: “The industry is still largely paper based and clunky – so we are both committed to digitising and simplifying processes to allow brokers and underwriters to focus on value added tasks. SBS’s platform, with its modular architecture, gives our team the ability to rapidly configure to support innovative product launches, improved broker experiences and simplified underwriter processes”.

Richard Broadbent, managing director at SBS UK, praised Kensington for “pushing the change agenda” in mortgages, adding: “The fantastic results achieved are testimony to the way the two teams have worked so well together at all levels.”