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Geraint Chamberlain, Head of Professional Services
With regulatory focus still
firmly fixed on financial service providers, just ticking the
'standby best practice' box is not workable.
Lenders who have not ring fenced their back office functions will
need to have robust and realistic standby services in place,
not only to preserve their Rating, but to secure new funding, and
have workable strategies defined to deal with future industry
Third party servicing providers must be ready to help lenders
meet the evolving market challenges of product diversification,
reducing operating costs and driving operational efficiency.
Target strives to support and enable lenders to differentiate
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Specialist loans and savings bank, Shawbrook, has appointed Target Group to manage and service its growing commercial mortgage portfolio.
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