Brightstar’s sourcing system EasySource is going live today.
EasySource lets brokers search across different product types to simplify how they source mortgages and other loans.
EasySource shows brokers the overall cost for comparison for both remortgage and second charge options.
The products on the system include specialist mortgages, complex buy-to-let, bridging loans, second charge loans and commercial finance.
EasySource has an intelligent case management and tracking system that gives real-time case tracking and tracking alerts.
It also records keystrokes and telephone calls to give a full audit trail.
The software also includes a messaging function so brokers can speak to the Brightstar helpdesk.
Brightstar chief executive Rob Jupp says: “We have worked on this technology for over two years with the aim of transforming the way that brokers work.
“With this system I truly believe that we are leading the way and shaping the future of specialist finance.
“For the very first time intermediaries will be able to search across multiple product types and compare prices. They will have everything that the FCA needs to provide evidence of research, including near misses, but it will also be immensely practical providing real time updates and access to real human beings to talk things through with – both at Brightstar and at the lenders.”
The software is sponsored by Shawbrook Bank.