OSB Group signs four-year renewal deal with finova

Finova, a UK mortgage and savings software provider, has revealed that specialist lender OSB Group has signed a four-year renewal deal for finova’s originations technology stack.

Finova has provided the lending platforms for two of OSB Group’s market lending brands – Kent Reliance and Precise Mortgages – since 2010.

Through the renewal of the contract, finova’s origination platform will continue to support OSB Group with its multi-brand sales model.

As part of the renewal, and in the next stage of finova’s relationship with OSB, the two businesses will explore a range of new cloud technologies and a shift to cloud-based infrastructure.

Chris Little, CRO at finova, commented: “We are delighted to continue supporting OSB Group in the coming years and are keen to help as it pushes forward to use cutting edge technologies in the years to come.”

Jon Hall, group managing director for mortgages and savings at OSB Group (pictured above), added: “Our lending brands, Kent Reliance and Precise Mortgages, have grown successfully over the years using finova’s technology and we look forward to maintaining our partnership with finova through this renewal.”

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