Tic:Toc chief executive Anthony Baum says the company selected MuleSoft to ensure it could enter the market as quickly as possible ahead of any potential competitors.
“Anypoint Platform enables Tic:Toc to connect the various systems in the company's proprietary loan approval process through an application network, using APIs to enable Tic:Toc to quickly and securely share data, regardless of format or source.
“Building an application network with MuleSoft has assisted us to slash home loan processing times from hours to minutes."
"By taking an API-led approach to connecting the systems required to evaluate loan applicants, we’ve eliminated the manual submission process and radically changed the game in the financial services space.
"We were able to get up and running on Anypoint Platform quickly, thanks to MuleSoft’s partner, WhiteSky Labs, and the built-in connectors and policies offered by the platform. Because we were creating the new platform from scratch, the process involved integrating a large number of different components. These included connections with external systems that provide information such as property valuations, customer borrowing ability and credit checks.”