Smartr365 has boosted its partnership with credit-checking firm Experian to streamline broker checks.
The mortgage platform says a key update now allows advisers to conduct credit checks on behalf of their clients.
It says: “This feature simplifies the workflow for advisers, enabling them to efficiently manage their clients’ credit checks within the system.
“Mortgage advisors will now be able to run a search and review all data in less than a minute.”
Highlights of the upgrade:
- Simple consent process — advisers can obtain consent directly from the system and clients can receive an email to either accept or decline the consent request immediately
- Immediate credit check — brokers can conduct a credit check within seconds of the client accepting
- Automated data integration — data is automatically and securely updated ensuring the system has the most up-to-date information
Smartr365 chief executive Conor Murphy says: “This integration marks a significant step forward in our mission to simplify the mortgage process for all of our brokers.
“The ability for advisers to conduct credit checks on behalf of their clients not only streamlines the process but also enhances the overall user experience which is available to all including our major distribution partners Sesame Bankhall Group, Just Mortgages, Openwork and Legal & General.”
Experian UK&I managing director, consumer information services, Paul Speirs adds: “By tapping into our expertise in data, analytics and software we can make processes simpler, faster and more certain.”