ANZ announces major mortgage IT project

ANZ has announced two major IT projects. One is the way it deals with corporate customers that will move corporate and business accounts online in a way that mirrors systems running the personal banking portal.

The other major technology project planned for 2007 year involves introducing software to help automate mortgage processing in the ANZ's personal banking division.

Mr Dalton, who was appointed ANZ CIO in 2006 has announced another important IT project, which affects mortgage processing, is a mortgage automation program, which involves introducing workflow decision software to help automate the back-office component of our mortgages business.

But will it create a portal giving lawyers and conveyancers –

1. Online tracking of client’s mortgage status


2. Online booking of settlements


3. Online advice of available funds


4. Online settlement cheque details

It would be a real coup if it does.

Source Australian IT 16 Jan 07

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