Sandstone shortlisted for Fintech Initiative of the Year
Posted by
Sandstone Technology on Dec 21, 2021 7:33:31 AM
Topics: MEDIA RELEASE
Sandstone Technology, one of the UK’s leading financial technology organisations, has been shortlisted for ‘Fintech Initiative of the Year' at the 2022 Yorkshire Financial Awards.
The selection follows Sandstone Technology's ongoing commitment to delivering market-leading innovative solutions that future-proof customers' technical solutions. Sandstone are recognised for their digital document processing solution, DiVA. DiVA is speeding up mortgage application approvals exponentially for a range of UK banks and credit unions. Developed specifically for financial services, DiVA automates the document verification process to free up resources and dramatically reduce time spent manually handling documents in the mortgage application process.
Celebrating the region’s financial services industry, the awards are open to everyone to provide recognition of the achievements of Yorkshire’s leading companies. The awards are judged by an independent panel of experts from top business groups, associations and public bodies – including the Chartered Institute for Securities & Investment (CISI), PIMFA and Women in Banking and Finance (WIBF).
The winner of the award will be announced on 24th February 2022, at New Dock Hall in Leeds.
Michael Phillipou, Chief Executive Officer at Sandstone Technology, said:
“We’re thrilled to be shortlisted for Fintech Initiative of the Year at the 2022 Yorkshire Financial Awards. It is a testament to the hard work of our colleagues during the last 18 months. Banks and building societies have rapidly turned to technology, like DiVA, to meet the demand of remote workers and branch closures during the pandemic. We truly believe DiVA can drastically improve the mortgage application process for not only borrowers, but back office bank staff currently manually processing the large volumes of data associated with lending applications. I’d also like to congratulate other finalists and we look forward to meeting them at the awards in 2022.”
