Openwork POS averaging 485 applications a day

Openwork has revealed its mortgage point of sale solution is averaging 485 applications per day.

Openwork Trading Platform for Mortgages was rolled out on a phased basis from winter 2006 and is currently being used by 2,600 advisers.

To date, 54,000 new applications have been submitted since the launch of the solution, which averages at 485 per day.

OTPm is supported by Mortgage Brain and the Mortgage Trading Exchange. OTPm has also been integrated into Sirius’ Swift solution.

David Brooks, business development director from Focus, which provides OTPm, says: “Yet again, this shows Focus’ pedigree as a first-rate provider of high impact, high value front office solutions that provide real business benefits to the providers and end users.

“As organisations realise the advantages of automating their sales processes in one channel, we are seeing demand to replicate this success in further distribution channels. Our technology supports this key message of build once, deploy many.

“We look forward to working further with Openwork to further develop its business processes and continue to add real value.”