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Loan & Mortgage Servicing

Managed IT Services

Overview

Target Loan Servicing offers a range of flexible business process outsourcing (BPO) services including loan and mortgage application processing, loan servicing and arrears management. A range of highly specialist accounting and portfolio analytics is also available.

Target Loan Servicing is rated by Standard & Poor’s for primary residential mortgage servicing and primary consumer finance servicing in the UK. We are the only loan outsourcing company in the UK with an S&P ranking for primary consumer finance.

Target Loan Servicing combines the talent of experienced people with proven processes and robust leading edge technology from Target Software. We deliver fully branded, compliant, loan sales and account administration servicing – all flexibly designed to meet your service standards. Our understanding of complex financial models combined with operational excellence enables us to deliver results.

Why outsource?

We offer your business operational flexibility, greater efficiency and cost management. Our agility enables us to design and implement services quickly.

Overview

Target takes a very flexible and client-focussed approach to its service management offering and works together with each client to find the correct mix of services and service levels to meet their needs. As part of this commitment to flexibility, we provide a number of additional managed services that can be added to your support contract.

What do we mean by managed services?

  • A dedicated infrastructure: Target has built a dedicated framework that will host and manage your individual business.
  • System Management: Target has designed a proactive approach to system management, ensuring that your business operations are optimised.
  • Security Management: Our client's systems are housed in Target's data centre and our operations are accredited to ISO 27001 information systems and security standard.
Target announces major jobs boost
 

Leading financial software and servicing company, Target Group, is expanding following another significant contract win. As a result, over 30 jobs will be created at its servicing centre at Tredegar Park, near Newport.

HSBC chooses Target to manage investment portfolio
 

HSBC has appointed leading financial outsourcer and software solutions company Target Group to manage and service one of its structured investment products’ portfolios.

Secure Trust Bank plc chooses Target Group to deliver multi-sector arrears management system
 

Secure Trust Bank plc, has selected lending and arrears management software experts, Target Group, to deliver a tailored arrears management system to optimise collections and increase efficiency across a wide range of loan portfolios.