Ohpen announced that it has signed an international strategic collaboration agreement with Cognizant in the mortgage originations market.
Both companies recognize the clear and present global opportunity as mortgage lenders look to digitalize their legacy processes. The partnership brings together Cognizant’s proven, global BPO capability and strong local system integration presence with Ohpen’s market leading SaaS mortgages technology platform.
Ohpen and Cognizant had initial discussions centered around the UK and Irish markets, where Ohpen has been gaining real momentum following their new customer announcements with Foundation Home Loans and Dudley Building Society. After developing a strong joint proposition in these markets Cognizant aims to take the Ohpen platform into other key geographies in Europe and Asia Pacific.
Matthijs Aler, Ohpen CEO, said ‘We are delighted to be working with Cognizant to expand our solutions into new markets and extend our offering and scale as we roll out our solution to new clients. Over the last 3 years we have invested in developing a strong international core within our product alongside our localization work as we have moved into the UK market. This work puts us in a strong position to work with global partners such as Cognizant to rapidly enter new markets.’