The announcement was made at the Mortgage Business Expo event in Manchester.
Focus will develop a transactional Extranet to support and manage business operations across Capital Home Loan’s intermediary distribution channel. The new Extranet will provide intermediaries with the facility to process on-line DIPs, KFIs and Mortgage Applications. In addition, intermediaries will be able to track cases and commission and the system will provide management information to Capital Home Loans on usage.
The new intermediary Extranet will be delivered using Focus’ MCA (Multi-Channel Advice) business process solution which it says enables speed to market and a cost effective delivery.
Mike Healy Head of Sales, Capital Home Loans Limited commented: “The requirement to interact electronically with the intermediary market and our suppliers is critical for our business. Focus’ technology will enable us to rapidly deploy a solution to the mortgage marketplace, providing intermediaries with an excellent facility for electronic mortgage trading.”
Manjit Rana, Director of Mortgage Solutions, Focus Business Solutions Limited added: “Many lenders in the mortgage marketplace put temporary measures in place to be able to comply with the M-Day regulations. Now that the deadline pressure is removed, organisations can now focus on implementing new technology solutions that can deliver both the lender and intermediary significant business benefits based on new sales business processes.”
