Fintech firm Twenty7Tec today says it has started a pilot scheme to integrate its CloudTwenty7 platform with Pepper Money, allowing brokers to submit mortgage applications to the specialist lender without leaving its system.

The tech firm says that this integration combines the Twenty7Tec APPLY module, as well as the distribution hub of software firm Finova used by the lender.

It says the pilot will allow the firms to “safeguard high standard service levels” prior to a full launch.

The firms say the integration will mean brokers can submit decisions in principle (DIP) applications to Pepper Money directly from the CloudTwenty7 platform, avoiding duplication.

DIP decisions are then sent back to the CloudTwenty7 platform and displayed to the adviser.

The firms add that case information post-DIP will be available in the broker portal to aid in the completion of the full application, reducing the re-keying of data.

Pepper Money sales director Paul Adams says: “This integration with the CloudTwenty7 platform enables brokers to submit mortgage applications to Pepper without leaving the system, making the whole process quicker, easier and more efficient, which will benefit brokers and their customers.”

Twenty7Tec head of lender relationships Nathan Reilly adds: “Flexibility will always be central to the specialist lending market, but with the adoption of technology increasing across advisers and customers, it is important that this flexibility is supported through improved technology in order to deliver a quality journey and experience.”

Finova product director Rowan Clayton says: “We are looking forward to realising the benefits this new integration will bring to brokers and their customers.

“The specialist lending market is evolving and we expect to see increased adoption of tools that support straight-through processing over the coming months and years.”