Finova: Acquires BEP Systems
- Finova stands for financial innovation. It is NBFC licensed by Reserve bank of India
- BEP Systems is a specialist IT financial services business that has a focus on edge technology within web and mobile
- Acquires BEP, the market-leading provider of cloud-based mortgage and savings software in the UK
- The company offers a suite of modern, cloud-based software, including Core Banking solutions trusted by over 60 financial institutions
- Mortgage Broker Platform used by over 3,000 mortgage brokers to run their business, and a suite of industry connectivity solutions
- Core Banking is rapidly shifting to the cloud and firms are demanding modern open architecture solutions
