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Unisys and Dudley Building Society: Modernizing Mortgage Operations

In a significant move aimed at enhancing mortgage operations, Unisys Corporation has announced an extension of its long-standing partnership with Dudley Building Society (DBS), one of the UK's most trusted mutual financial institutions. This seven-year contract expansion not only reaffirms Unisys's role in managing technology for the Society's mortgage and savings products but also introduces innovative solutions that focus on operational efficiency and growth through cloud services.

A Partnership Built on Trust

Dudley Building Society has over 160 years of history in supporting its members by offering tailored savings and mortgage products that evolve with changing economic conditions. Over the past decade, Unisys has played a crucial role in providing various technology services, including infrastructure management, application support, and ensuring regulatory compliance. This new agreement allows Unisys to build upon that foundation while transitioning into a more advanced operational framework.

The Introduction of Mortgage-as-a-Service (MaaS)

At the core of this partnership is the introduction of Unisys's Mortgage-as-a-Service (MaaS) solution. This innovative service aims to streamline the way mortgage operations are handled by offering unified communication and collaboration tools that enhance business processes. The MaaS solution will also enable the modernization of existing applications, ensuring that Dudley Building Society remains at the forefront of financial services.

Sean Tinney, Senior Vice President and General Manager of Enterprise Computing Solutions at Unisys, expressed the significance of this expanded collaboration by stating, "This partnership is dedicated to solutions that evolve with the financial landscape and empower our clients to concentrate on serving their members and communities."

Addressing Modern Challenges

As financial services face increasing regulatory requirements and technology complexities, Unisys's expanded role proves vital. The agreement will not only reduce the burden on DBS's IT operations but also provide the agility needed to adapt to changing market conditions. By embracing a cloud-based approach, Dudley Building Society is positioning itself for future success, as it enables more efficient operations and reduces strain on existing systems.

Moreover, this initiative is a continuation of DBS’s commitment to modernizing its technology estate, marked recently by the implementation of a new Mortgage Origination platform. This platform has already transformed the mortgage experience for brokers and members alike, and the partnership with Unisys will provide additional support and enhancements to their services.

Lorraine Breeze-Price, Chief Transformation Officer at Dudley Building Society, conveyed her enthusiasm about the partnership, saying, "This expanded partnership with Unisys is an important step in our journey to provide a resilient and scalable platform for our services. Through continuous investments in modern technology and forming trusted partnerships, we can focus on delivering great outcomes for our members today while preparing for the future."

A Look Ahead

This strategic collaboration is not just about maintaining current offerings; it's about creating a robust foundation for future growth. The combined efforts of Dudley Building Society and Unisys aim to enhance the relationship with their members, ensuring that every service provided is not only efficient but also reliable. With the evolving landscape of financial services, the integration of cutting-edge technology like MaaS seems poised to redefine how customers experience mortgage and savings products.

As both companies continue their commitment to innovation and customer service, it's clear that this partnership will have lasting implications for both Dudley Building Society and the financial services sector at large.

For more information on Unisys's financial service solutions, visit Unisys Financial Services.

About Dudley Building Society

Dudley Building Society is a member-owned mutual that has been supporting individuals in achieving homeownership and building financial confidence for over 160 years. Balancing traditional values with modern innovations, the Society prioritizes customer service to meet the evolving needs of its members. For further details, visit Dudley Building Society.

About Unisys

Unisys is a global technology solutions company providing innovative services that empower organizations worldwide. With over 150 years of experience, Unisys helps clients challenge the status quo with robust solutions in cloud computing, AI, and enterprise computing. Learn more at Unisys.