London 16 March 2017 EDM Group, a leading provider of information and business process management technology and services, has announced that it has been shortlisted in the Innovation of the Year category of the National Technology Awards 2017.
EDM Group is nominated for the development of its Portal for Risk Information Sharing in Mortgages (PRISM) platform, which simplifies and accelerates a mortgage lenders’ decision making process at the point of application.
PRISM acts as a single point of integration with all data providers, including automated valuation models (AVMs) and enables lenders to digitally complete an initial property risk assessment within 15 seconds instead of several weeks. Its first deployment has been successfully completed at Nationwide Building Society and further lender implementations are scheduled for 2017.
Spencer Wyer, Group CTO, EDM Group said: “We are thrilled to be shortlisted for a National Technology Award, especially in the prestigious Innovation of the Year category. We believe that PRISM genuinely has the capability to reshape the mortgage industry in the UK for the benefit of lenders, customers, brokers and conveyancers.”
The National Technology Awards, hosted by FStech Magazine, are the showcase for the leaders of technology. The National Technology Awards were created to allow the technology sector to shine, celebrating the pioneers of new technology and to help drive standards and encourage excellence.
The winners will be determined by an independent judging panel and announced at the National Technology Awards Gala and Dinner on 17 May 2017 at the Millennium Hotel London Mayfair.
About the Awards:
The National Technology Awards represent the pinnacle of best practice, a fantastic gala dinner, entertainment and the chance to network with the industry’s finest. Bringing our experience together we have created the arena for all technologies, where the very best can be judged.
Find out more: nationaltechnologyawards.co.uk
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Notes to editors:
About EDM Group: Headquartered in London, EDM Group employs over 1,400 people across the UK and US. For the financial year 2014/2015, the firm reported an annual turnover of £70 million. In September 2015, EDM Group was ranked 43rd in the annual Sunday Times Hiscox Tech Track 100 league table, up from 57th in 2014 – a reflection of the fast-growth success of the firm and its position as a leading, global information management and digital transformation specialist. In June 2016 EDM Group was ranked number 1 in the annual Sunday Times HSBC International Track 200.
EDM Group combines best-practice consulting and technical experience to develop bespoke outsourced solutions for a range of clients across the private and public sectors. The success of the firm has been built on its powerful Digital Mailroom document scanning and storage capability, which continues to be a core, in-demand product offering. EDM Group’s growing client base spans sectors including financial services, automotive, professional services, private healthcare, and the public sector (central and local government, and NHS). Specific clients include HMRC, Legal & General, Bupa, Avis Budget EMEA Ltd, Nationwide Building Society, Barclays, Santander, Companies House, Lloyds Banking Group, Grant Thornton and healthcare providers including NHS Trusts and BMI hospitals.
EDM Group is accredited to ISO standards for Information Management Systems (ISO27001), Environmental Management (ISO14001) and Quality Management (ISO9001).
For more information contact:
Hugh Fasken, Stephen Sheppard, Emma Castle – Citigate Dewe Rogerson 020 7638 9571
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