take many days if not weeks for the lender to effect a pricing change – but Kensington can now do that in minutes or hours .
“ We have a very strong relationship with Sopra ,” Foulsham says . “ We share business strategies , we have good engagement at an executive level , and we deal with making sure that there ' s a good alignment between their product evolution and our business strategy . So , if we are looking to go into new segments or we ' re looking to release a new product , the functionality behind that and the way in which their product is going to operate is very much a conversation we have at an early stage with Sopra , so if appropriate they can build that into their core platform .
“ In particular , one of the big differences from a few years ago when we were introducing these new platforms is the level of configuration . We are able to configure over 90 % of some of the changes that we ' ve put into place , where some of our competitors using other systems have nowhere near that sort of flexibility . Again , it gives us a real advantage in the market using this type of system , a more contemporary system than others . In a dynamic market that requires a quick response to changing circumstances , such as rapidly rising interest rates , having slick and adaptable technology is a real competitive differentiator .”
Key to Kensington ’ s future lies in core technology partners It ’ s this steadfast determination to keep pace with change and move with their customers that underlines much of Kensington ’ s thinking . Data and technology have taken on renewed