Mortgage Magic has launched a back office system for mortgage brokers.

The digital platform says the off-the-shelf system, called Prometheus, features a built-in customer relationship management system, E-ID verification, direct messaging and secure UK-based document storage that complies with GDPR. It also allows company owners to manage and monitor business activities.

Mortgage Magic director Tanjir Sugar says: “Mortgage Magic provides brokers with a comprehensive solution for running their business, covering all areas of the mortgage advice process, from sourcing, conveyancing, general insurance to protection and much more.

“It’s the result of a collaboration between a group of independent financial advisers and mortgage advisers and technology experts, who worked together to conceive an intelligent mortgage platform for the industry.

“We identified that there wasn’t a single system in the market that truly catered for mortgage brokers, networks and distributors. So, we decided to do something about it. We have combined our expertise to create a platform that seamlessly integrates every part of a mortgage business into one place via cutting-edge technology.

“It means that brokers can spend less time grappling with complicated software or performing arduous admin, and more time doing what they do best – advising their clients.”