Finova has signed a new long-term agreement with LV= to support the provider’s equity release platform.
The extension expands the already formed partnership into a new phase, during which Finova will support LV= with an extensive portfolio of services to improve the scalability and resilience of its equity release offering.
The partnership facilitates the migration of LV’s equity release platform to the cloud.
Finova Sales Director John Tilzey said: “Our long-standing partnership with LV= has gone from strength to strength, and this new agreement reflects our shared commitment to delivering high-performance and customer-focused services to the equity market.”
Patrick Oldham, director of LV= equity release proposition, added: “We are pleased to renew and expand our partnership with Finova, especially at a time when the equity release market is growing and evolving.”