Insights, ideas and innovation.

Build vs Buy has been a topic of hot debate throughout my career in technology, and it shows no signs of slowing down. Even in the world of AI, the conversation continues to evolve.

Finova has announced the launch of Broker Assist, a new conversational AI agent designed to deliver a more seamless and efficient broker experience for users of the Finova lending platform.

Finova has powered the launch of Offa’s new residential Home Purchase Plan (HPP). Offa, the UK’s leading Sharia-compliant finance provider, chose Finova’s configurable infrastructure to support the launch of its HPP, designed to deliver near real-time credit decisions, depending upon credit rating and risk criteria.

Equity release is not a short-term transaction. It’s a relationship that can last decades, often evolving as a customer’s circumstances change over time.

Finova has been selected by Watts Commercial Finance to power its operations with Finova Broker CRM, as the specialist brokerage looks to enhance administrative efficiency, streamline introducer relationships and improve its client journey.

Finova has announced the appointment of Anja Schneider as Chief Delivery Officer, as the business continues to strengthen its leadership team and scale its operations.

Finova has agreed a five-year contract extension with Key Group, the UK’s leading later life lending company. Finova will continue supporting the delivery of lifetime mortgage products through the more2life brand.

Buy-to-let lending has shown notable resilience over the past year, even against a backdrop of economic uncertainty and regulatory change. Within that, specialist buy-to-let has emerged as one of the most important areas of momentum. What was once viewed as a niche is now firmly part of the mainstream, and its pace of evolution is accelerating.

Last month, we welcomed customers and Escode, part of NCC Group, to the Finova HQ for our stressed exit simulation workshop. The session gave firms the chance to test how they would respond if a critical technology supplier suddenly failed, using a realistic and time-pressured scenario involving the immediate wind-down of a major provider.

Finova, one of the UK’s leading providers of cloud-based mortgage, savings and lending software, has today announced a new partnership with Covecta, a UK-based AI company that builds configurable agents and workflows to automate activities for financial institutions.