Redress Manager Software

Purpose built application to handle complex remediation calculations

Mortgages

Mortgage remediation for arrears charges, under funding, incorrect setup and double billing for arrears. Remediation based on comparing interest only mortgage with endowment vs. repayment mortgage.

CCA loan

Remediation based on error on CCA loan leading to zero interest being applied and new statements being produced

Investments

Investment remediation based on BOE rates, FTSE private investors rates, savings rates and your own funds

PPI

PPI remediation based on PS10/12 and PS17/3 complaints for PPI linked to a credit card, loan, mortgage or just a premium refund

Pensions

Pension switching to investment already included, development underway for new FCA pension guidance (FG17/9)

Utilised for:

Interest and premium roll up's
Debt investment consolidation
Libor Swaps, whole of life CPP

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