All users of L&G’s Mortgage Decisions point-of-sale solution will soon receive an upgrade that will allow them to send mortgage applications entirely electronically.
John Streets, chief executive of Focus Solutions Group plc, said: "We are very pleased to have extended the use of goal:technology beyond the life and pensions markets into the mortgage market for the first time with this agreement. goal:technology is ideally suited to the mortgage market, where applications are complex and time consuming and the ability to be able to amend product terms and conditions quickly is becoming a necessity. No other solution suite today offers this level of automation in a complex data environment."
Margaret Smith, director of business information systems at L&G, said: "Legal & General is constantly looking to extend the functionality of the sales solutions it offers to its business partners as well as IFAs. Doing more business electronically brings real benefits in terms of speed, efficiency and cost saving. It means we can roll out new products and handle incoming applications much more quickly than before."
