Melton Building Society has appointed LendingMetrics to deliver its decisioning software.
The mutual society is set to use LendingMetrics’ Auto Decision Platform (ADP) solution to support its underwriting team in the coming weeks.
ADP is a universally-integrated SaaS solution that handles real-time execution of credit reference, AML and affordability calls to the major credit reference agencies.
The Melton will be harnessing ADP’s auto-assisted underwriting technology to provide rapid real-time screening of prospective borrowers, while ensuring client affordability and regulatory compliance parameters are met, it said.
David Wylie (pictured), commercial director of LendingMetrics, said: “We are delighted that ADP has, once again, been chosen as the best solution. Melton Building Society has been a pleasure to work with and we now look forward to a successful implementation of what has become the finance industry’s leading underwriting solution.”