Brightstar Financial has signed a partnership with Mortgage Magic to deliver case management technology to upgrade the specialist lender’s EasySource platform.
The specialist lender says the new system will include updated technology that “better connects Brightstar with its introducers when managing cases”.
The Billericay-based firm first introduced the platform in 2016, which allows brokers to search across its product types, which includes specialist mortgages, complex buy-to-let, bridging loans, second charge loans and commercial finance.
Brightstar Financial says it plans to make its “biggest ever investment in technology this year”, which will see it launch EasysSource+ later in 2021.
Property tech firm Mortgage Magic will provide the case management technology for the new platform, alongside rival Twenty7Tec, which will continue as the sole sourcing partner for the Brightstar Group.
This agreement means that, for an initial period, Brightstar will be the only specialist distributor able to offer the Mortgage Magic platform.
Brightstar chief executive Rob Jupp says: “This year we have committed to delivering Brightstar’s biggest ever investment in technology, which we know will set new standards in specialist lending.
“Case management is an important element of this, and we are really pleased to announce our partnership with Mortgage Magic. The technology platform provided by Mortgage Magic is a perfect fit for our platform and will be an important part of our enhanced EasySource offering.”
Mortgage Magic director Tanjir Sugar adds: “We are delighted to be working with Brightstar to produce a next-generation platform which will support Brightstar’s current business and its growth plans for the future.
“By making use of our knowledge of the latest blockchain technology and the expertise gained in developing our systems for the wider intermediary market, Brightstar will have the platform they need to better service their introducers and partners and further enhance their reputation as a natural choice for intermediaries looking for the best in specialist lending support.”
