Driving successful transformation in the mortgage sector
Overcoming barriers to change and where to start
The mortgage sector is going through a turbulent time. Rates are starting to drop, increasing competition and putting pressure on profitability. Regulatory burdens are rising. And at a time of continuing inflation and low economic growth, consumers are facing increased uncertainty. Today, lenders must confront a challenging and highly uncertain marketplace.
To manage this, lenders need to adapt and become more agile. To maintain their competitive edge, while providing customers with the experience they expect, mortgage providers need to transform their approach to technology. Lenders can no longer afford to shackle themselves to aging, inefficient legacy processes. Today’s requirements cannot be managed with yesterday’s technology.
But technological change is difficult and can be full of risk. How do they change the bank while still running the bank? There is a need to transform, but without risking everything.
So how can lenders transform safely and successfully? There are challenges that need to be addressed, including developing an ambitious vision, constraining cost overruns and managing organisational change. And there are process requirements that must be addressed, such as analysing crucial data, meeting regulatory requirements and responding to shifting customer expectations.
Join us in this discussion of how to transform mortgage services through digital technology.
The topics we will explore
During the meeting we will focus on questions such as:
- Why do mortgage lenders need to transform and move to the cloud? And where should they start on their transformation programmes?
- What are the common mistakes that are made during re-platforming or digital transformation programmes, and how can they be avoided?
- How can the technological, organisational and personal risks created by digital transformation be mitigated
- What are the key requirements including regulatory compliance and data management that mortgage lenders need to address if they are to transform successfully?
- What are the key transformative opportunities from technology and what does true success look like?
Who is invited?
This breakfast event is designed for senior decision makers across the mortgage lending industry who wish to discuss transforming the mortgage sector through digital technology. Delegates will be employed as CTOs in medium and large organisations in the mortgage sector.
Be one of 12 senior IT and technology professionals around our breakfast table at the Goring Hotel in central London. For any enquiries, please contact Mergim on 020 8349 6458 or email m.begolli@business-reporter.co.uk.
The breakfast discussion is brought to you by nCino and is only for senior executives as described above.
Registrations of junior professionals, consultants, solution providers or other sellers to this market won’t be accepted. To be eligible you must be employed by a corporate legal entity such as a private company. If you are a sole trader or in a partnership other than a legally incorporated partnership, we will be unable to offer you a place.
This breakfast event is free of charge to attend.
When you register, we will ask you for your corporate email address which we will share only with the event sponsor(s). See our privacy policy.