Money Partners is the first lender to adopt UNIPASS, and believes this is the first implementation of an Origo-standards initiative in the UK mortgage sector.
UNIPASS allow brokers to access participating lender websites without the need to retrieve and re-key login details and passwords. Brokers can use the same login for each provider website, eliminating the need for separate name and password combinations. Managing user changes also become more straightforward with details handled centrally at UNIPASS.
All accredited Money Partners intermediaries can start using the UNIPASS service immediately by signing up at: www.unipass.co.uk. Thereafter, they will be issued with a digital certificate which acts as an alternative to their existing login name and password. The certificate-based login process is expected to be at least as secure as existing login systems.
Richard Davis, IT Director at Money Partners, said: "It is hugely satisfying to be the first mortgage lender to launch UNIPASS. I wholeheartedly encourage others to join us so that this broker-friendly system achieves critical mass as soon as possible. It took us less than ten days to implement, so other lenders should have no difficulty prioritising it in their list of IT investments.
"UNIPASS complements our recently announced move into the direct-to-broker market under the Money Partners touch brand. With up to 2,500 users within directly authorised firms already using UNIPASS for their life and pensions activities, its potential to add value in the mortgage sector is clear."
Paul Pettitt, managing director of Origo, commented: "This is a great step for the industry and we're confident it will make a real difference to Money Partners' users in removing the headache of using passwords and usernames. Research has shown that password systems are a major irritation for intermediaries due to the sheer number they have to use and remember ever day. UNIPASS will make everyone 's life easier and we' re looking forward to seeing more lenders come on board."
