Our IT consulting services focus on our clients' most critical issues and opportunities. We can assit with systems implementation and configuration.
Providing clean KFI & KFI+ amendments to meet the ESIS requirements of the MCD.
We have many years experience in the mortgage industry and can help you with implementation and project management.
Realizing the full potential of IT resources, investments and assets.
We have On Line solutions that will enable smaller societies, brokers and introducers to meet the ESIS Mortgage Credit Directive requirements.
Mortgage Software is a technology leading management consulting firms. We care for our clients' business as our own, they know we're in this together.
When someone asks what we do at Mortgage Software, it's tempting to point out the decades of track history of our consultants working in the Mortgage and Finance Industries. Helping some of the world's great companies to use IT sharper, smarter and with a better vision of their capabilities. Our mission is to help management teams reach their IT targets and goals, to overcome any obstacles and meet regulatory requirements.
We work with the management teams to help them make informed decisions, convert those decisions to actions, and deliver the sustainable IT systems that provide a stable platform for success. We are passionate about achieving better results for our clients, results that meet expectations, delivered in a timely manner that uniquely tailored to meet requirements
We can help to identify critical issues and opportunities: strategy, project management, operations, technology, stability and web.
We have developed a clean amendment to the KFI that will provide the APRC and APRC2 as detailed in the MCOB documentation for KFI+. This solution can be provided as a straight forward add on to your existing KFI solution.
Alan has many years of experience working in IT with some of the leading financial institutions in the world. Such as HSBC, Investec, Julius Baer, Fortis and Close Brothers. He has experience with most SQL databases and has used and designed Big Data systems using both NoSQL and SQL systems. He is familiar with most programming languages and cut his teeth designing computers using binary and diode logic.
Neil comes from a Society background having spent many years working with IT at various Mortgage Institutions. He understands the operational requirements of the business and has successfully implemented and installed numerous solutions across a wide range of societies both large and small
Since leaving University Sam has worked continuously in the Mortgage Software Industry. Leading the development team at a major software vendor. She has worked as a consultant, for the past 7 years, working at some of the major Mortgage Societies in the UK. She specialises in configuration and successfully implemented probably the 1st KFI+ amendment in the UK.
It says everything in our name, we do Mortgage Software. It's tempting to point out decades of experience in the Financial Services Sector but all we really do is deliver stable IT solutions effectively and efficiently.
We have met the challenges presented by the ESIS Mortgage Credit Directive and produced a KFI+ amendment that meets all of the requirements. Further our solution provides APRC and APRC2 calculations that are in line with the MCOB documentation. Our APRC calculations are based on the definitions provided by the ESIS MCD specifications. By March 2019 all mortgage systems must provide an APRC calculation based on the definition provided by the ESIS.
Together, we can successfully implement or amend your IT system to deliver a solution that is stable and meets your operational requirements.
The CML (Council of Mortgage Lenders) Industrial Approach on APRC. Specifications and definitions for the APRC calculations interpreted from the ESIS Mortgage Credit Directive.Posted: 20.07.2015
An example of a KFI+ amendment which can be used from Dec 16th 2015. There probably will be a lot of duplication which can be eliminated if you current KFI has the correct wording.Posted: 08.08.2015
An example ESIS document (KFI equivalent) provided by the FSA for a MCD Further Advance document.Posted: 20.07.2015
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