All directly authorised firms which become Paradigm members will be able to use The Key system for a discounted price of £25 per month.
The Key, acquired by Mortgage Brain in May 2006, provides front end point-of-sale and compliance systems, coupled with full back-office support including sales pipeline, commission management, reporting and compliance monitoring.
With its facility to integrate with all major sourcing systems, the software will allow Paradigm’s members to effectively conduct all aspects of the mortgage sale and compliance process including IDD, fact finds and needs analysis; as well as commission reconciliation and full integration with the Mortgage Trading Exchange and insurance and protection companies.
Bob Hunt, chief executive of Paradigm Mortgage Services said: “We are delighted to be able to offer all our members access to The Key system at a discounted price. By using The Key, Paradigm members will be in full control of the whole mortgage application process and have access to one of the leading business management systems available today.
“By offering The Key to members we are seeking to help members run more compliant, cost-effective and profitable businesses. This is the core fundamental of the Paradigm Mortgage Services proposition – working in partnership with our members and our partners to deliver added value to all of our stakeholders.”