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Open Banking & Mortgages: The Next Revolution in Lending

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OPEN BANKING IN ACTION 07 OPEN BANKING IN ACTION With the help of our partners Tink – one of Europe's leading open banking platforms – we help our customers access high-quality financial data from banks across Europe through a single API. And with our own complete mortgage platform, trusted by banks and building societies around the world, we're perfectly placed to help you deliver unrivalled customer and broker experience. Within Sopra Banking Software's platform, Tink data enables us to offer a range of value- adding services, such as live risk scoring, accelerated onboarding and personalized financial management. Working with Swedish lender, SBAB, Tink helped create a live web app to identify mortgage savings. Now, SBAB can identify the interest a customer is paying on their existing mortgage by entering mortgage information Within seconds, the app calculates whether SBAB can provide a lower rate to save the customer money on their payments. Some numbers around Sopra Banking's Digital Mortgage Platform in the UK • 49% of the mortgage providers are Sopra Banking customers • Our systems provide 20% of the mortgages, meaning that we've helped more than 5 million people buy their homes SOPRA BANKING SOFTWARE'S DIGITAL MORTGAGE PLATFORM SOLUTION Find out more THE FUTURE OF BANKING IS OPEN 06 THE STATE OF PLAY IN UK MORTGAGES 01 WHY APPLY OPEN BANKING TO MORTGAGES? 02 OPEN BANKING POTENTIAL 03 CHALLENGES TO TRANSFORMATION 04 ASSESSING THE CAPABILITIES OF OPEN BANKING 05

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