View more on these topics

Abbey and Trigold merge IT systems

Abbey for Intermediaries and Trigold have merged their back office IT systems to allow brokers to place applications directly with the lender.

This means brokers using Trigold’s e-trading centre will not have to re-key data from the local Trigold IT system to the Abbey Introducer portal.

Brokers will also be able to submit applications without leaving the Trigold system and will be updated on changes to the Abbey’s product ranges.

Clive Kornitzer, chief operating officer at AfI, says: “At a time in the market when brokers are looking to place business at break-neck speeds, it is our responsibility as a lender to do everything we can to speed up the mortgage application process.

“Integrating our IT functions with leading sourcing systems like Trigold is one such way we hope to achieve this.”

David Aylmer, business development and marketing director at Trigold, says: “Today’s modern broker should rightly expect systems to communicate with each other to deliver an end-to-end mortgage application process.

“We’re delighted to have worked with Abbey to create this integration which will make applying for Abbey products quicker and easier.”


Alternative banks call for overhaul of financial system

A group of directors from alternative banks across Europe are calling for a fundamental restructuring of the financial system with a series of new measures designed to bring sustainability to the sector. Brought together by the International Association of Investors in the Social Economy, chief executives of leading alternative banks in Europe have just met […]

Eight lenders to pass on full rate cut

Eight of the UK’s largest lenders are passing on last week’s Bank of England base rate cut of 1% to existing customers on tracker mortgage deals.

PPI complaints to FOS top 25,000

Walter Merricks, chief ombudsman at the Financial Ombudsman Service says it has received over 25,000 complaints relating to the sale of payment protection insurance since January 2008.


News and expert analysis straight to your inbox

Sign up