Both Smartr365 and The Money Group believe the future of the mortgage industry depends on using digitalisation to change the way loans are delivered to borrowers.
At the first roadshow of the series, the firms discussed the importance of ensuring that the positive strides taken during the COVID-19 pandemic are translated into long-term transformative change for the mortgage industry.
Martin Stewart, chief executive at The Money Group, said: “Smartr365 shares our vision for the future of the mortgage industry – technology has to play a central role as we move out of the COVID-19 pandemic.
“The sector needs to read the room better – consolidation is at long last arriving on our shores, so there will be no room for antiquated processes or amateurism in how we service and communicate with the consumer.
“In recent news we have seen a lot of restructuring of ‘robo-adviser’ firms – this tells me that investors are waking up to the fact that technology will not replace the advisor, but that instead we need to harness it in order to improve what the advisor does.”
Conor Murphy, chief executive at Smartr365, added: “For our sector to capitalise on the progress made in the last 18 months, big players need to work together to ensure that technology remains central to advisors’ day to day jobs – that’s what our new partnership does.
“We have a clear vision on where the industry is heading and by collaborating with The Money Group we can help lead it to a brighter and more efficient future.
“Not only are we continuing the rapid user growth experienced over the past year, but we are ensuring that together we can shape the development of the mortgage journey.”
