EQI has identified a growing number of Mortgage Firms that wish to remain directly authorised by the FSA and require the services of a professional compliance audit and advisory service.
EQI are offering Brokers their new “All in 1” service that includes both MortgageStream™ and Trigold licenses plus on site visits focusing on hot topics such as TCF. This is likely to prove popular with Brokers in the light of the recent FSA update which revealed the worrying statistic that only 13% of mortgage firms had met the March deadline. The next major TCF deadline is December and the FSA’s belief that 80% of firms in their sample are still capable of meeting the December deadline, will depend on many firms receiving help and support from providers such as EQI to meet the deadline.
Paul Holden, sales director at MortgageStream commented “Compliance Officers are by nature very detail orientated, so we were delighted to be chosen by EQI as their recommended Case Management & TCF system. EQI’s customers will be able to use the MortgageStream software to run their offices efficiently and compliantly to progress their mortgage, life and protection cases and upload data centrally to EQI’s compliance officers. This upload facility is specifically designed to give EQI remote access to the Brokers’ cases for file checking meaning that site visits can be used to focus on TCF and other strategic compliance topics.
Andrea Owen MD of EQI said “The new “All in 1” service was launched to give Mortgage Advisers a complete compliance, product sourcing and client management solution for one simple monthly payment. MortgageStream allows us to work with Brokers more efficiently and make the most of the time that we spend with them. The TCF Modules available through MortgageStream offer a platform to run a robust TCF regime without the need to buy additional software.
