Ergo Software wins mortgage contract

ERGO Software Solutions, the Dublin-based software company supplying smart IT solutions to the financial services sector, has been awarded the contract to provide an online mortgage application system for PIBA Mortgage Services, a non-profit mortgage service for independent brokers due to be launched in September.

Announcing the new technology partnership yesterday, Diarmuid Kelly, PIBA chief executive said: “PIBA Mortgage Services is a new network that brings together 500 small to medium-sized mortgage brokers who collectively do almost €2.5 billion in mortgage lending each year. On conservative assumptions, we will be processing annualised business of over €400 million within 12 months and we aim to be the market leading brokerage within three years."

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