Barclays Bank has gone live with a repossessions management solution from xit2, a provider of outsourced process management software for the lending industry.
Barclays is using xit2's Repossession Exchange to automate communications with property management group Ekins Asset Management and litigating solicitors, speeding up processing of case files.
Barclays selected xit2 on the basis of recommendations from subsidiary company The Woolwich, and Ekins.