Mortgage Strategy understands Sesame is to become the first network to take responsibility for ensuring key facts illustrations brokers obtain from its customised versions of Mortgage Brain and Trigold are accurate and comply with FSA rules.
Although Network Data provides a guarantee that information from its own sourcing system, MortgageLink Enterprise Edition is correct, sources say Sesame will be the first to give such reassurance on data from third party systems.
Sesame says this commitment on sourcing system KFIs will save advisers time and money as they will not have to go to lenders to obtain separate ones from them to confirm their accuracy.
Its members are free to choose between Trigold and Mortgage Brain, both of which are currently being provided free of charge by the network.
Sesame has confirmed it will carry the can on whether KFIs are accurate.
Product manager Andy Young says: “Advisers can be confident in the quality and accuracy of the date they receive, making the sales process easier and enabling them to spend more time on their clients' needs rather than on paperwork.”