Latest from Australian news wires;
Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering to drive digital innovation has partnered with Bluestone, the home loans solutions organization, to launch a full suite of modern digital capabilities that elevate the broker and borrower experience across the home loan life cycle.
A fast-growing, full-service lender providing residential home loan solutions to customers across Australia and New Zealand, Bluestone saw the rapidly evolving digital landscape as its springboard to becoming a future-ready organization. It partnered with Thoughtworks to fast track this ambition via a holistic cloud-hosted digital lending platform that would deliver greater transparency to brokers, borrowers and employees, and facilitate a modern and intuitive approach to loan servicing and collections.
In the midst of a volatile home loan market, Thoughtworks understood the growing need for highly personalized, agile and trustworthy solutions. This sentiment was top of mind when developing a new way for Bluestone to address security, risk and compliance. It replaced an outdated legacy mortgage platform with a more holistic self-service web portal for lending, which features a mobile-friendly user experience.
Through the new systems and processes, Bluestone has been able to automate six key customer service processes and save an average of 690 minutes on loan applications per day.
In addition to the self-service web portal, Thoughtworks created an innovative solution to replace traditional CRM, which allows Bluestone to plug-in an external app to manage customer service activities with guided workflows. This app sits in AWS (Amazon Web Services), nurturing full control of Bluestone’s customer service processes and making it virtually seamless.