Phoebus Software Limited (PSL) has selected Six Degrees as the latest provider within the PSL Partnership Programme.
Six Degrees is a Microsoft Azure Expert Managed Services Provider, and the partnership aims to strengthen PSL’s cloud capabilities and accelerate the provision of cloud native infrastructure to support its software applications.
It also has the goal of increasing PSL’s software application resilience and security, as well as improving performance and the overall client experience.
Warren Higgins, chief information officer at Phoebus Software Ltd, said: “Our partnership with Six Degrees will underpin our cloud strategy.
“This will enable the extension of our cloud capabilities to provide further security, performance and resilience for our platform and products.
The balances of loans and savings serviced on the Phoebus servicing platform have now increased to over £70bn.
Phoebus Software Limited (PSL) has made an investment in its originations API which enables lenders to onboard mortgages from any originations’ platform.
Other major investments include the Phoebus’ self-service portal which allows borrowers to digitally self-serve their mortgage accounts helping to stem the flow of calls and correspondence into client call centres.
Richard Pike (pictured), sales and marketing director at PSL, said: “We continue to grow both organically and in new business wins.
“The Phoebus product suite is renowned both in terms of functionality and stability and through our ecosystem and digital deliveries we can only see more successes in the future. Our continued investment in our products will ensure Phoebus remains at the forefront of market requirements and we look forward to announcing several new initiatives over the coming months.”
Richard Pike
(pictured), sales and marketing director at Phoebus Software Limited, added: “We have worked in the equity release market since 2007 and our proven experience in the sector is second to none.
“Our relationship with Pure continues to go from strength to strength. We are hugely proud to have assisted in the launch of such a great business in 2014, assisting it grow into a market leader in its specialist area of lending, and now to be consolidating the relationship with the renewal of our contract.
“We look forward to continued success for both parties through the relationship over the coming years.”