Alexander Hall’s advisers will use 'The Key' software to conduct all aspects of the mortgage sale and compliance process, including IDD, fact finds and needs analysis.
The Key will also provide commission reconciliation and full integration with the Mortgage Trading Exchange, insurance and protection and its sourcing system.
By using The Key, Alexander Hall will streamline its business management processes and run its entire back office, reporting, compliance and client management functions without losing valuable time re-keying data in a clear and consistent manner.
Andy Pratt, chief operating officer at Alexander Hall, said: “The Key is the first system we have seen that provides this integrated solution and suits our business model. I am very confident that it will meet the strong demands of our business and our advisers, and support them through each stage of the mortgage advice and sale process.
“Mortgage Brain’s excellent track record in the mortgage industry was a key influence on the decision and I look forward to a successful partnership with them over the coming years.”
The Key, acquired by Mortgage Brain in 2006, works both on and off line and has a unique ability to integrate with sourcing systems, seamlessly pre-populate and electronically submit application forms, provide full back office systems support, and create and store all client documentation required to provide reports for FSA compliance audit trails.
