Phoebus Software and Crown Mortgage Management are celebrating a decade of working together, during which time Phoebus has supported Crown Mortgage Management in delivering a threefold increase in assets under management from £1.6 billion in 2003 to £4.9 billion in 2013.
Crown Mortgage Management Crown selected Phoebus as its servicing partner in 2002, to facilitate the servicing of its residential and commercial mortgages.
Phoebus’ system has supported the achievement of Crown Mortgage Management’s growth targets over the last 10 years, helping the business to expand from servicing 170,000 transactions in 2002, to over 20 million transactions last year.
Paul Hunt, managing director of Phoebus Software, said: “It is immensely satisfying to work with a forward thinking company such as Crown Mortgage Management, which recognises the value of investing in software with a long term vision.
“We have been able to equip Crown Mortgage Management with the tools they needed to achieve such remarkable growth and we look forward to supporting them as they continue on their journey.”
Sue Ross, chief information officer at Crown Mortgage Management, added: “We are pleased to be celebrating our ten year anniversary working with Phoebus. At Crown Mortgage Management we are committed to continue enhancing our operations and technological support as our business grows, and the requirements of both our clients and the market develop.
“We have an excellent working relationship with Phoebus and look forward to working with them on the continued development of the platform.”