Users of The Key are now able to transfer product information to the Online New Business Register (OLNBR) without having to re-key the information. The OLNBR allows intermediaries to record all of the regulated and non-regulated business that they send to Pink.
Prior to its launch, the new functionality was tested by a pilot of approximately 30 Appointed Representatives, to ensure that the system delivered what it set out to a achieve and iron out any issues before introducing the enhancement to the remainder of The Key users.
Neil Hoare, associate director of marketing and IT at Pink Home Loans, said: “One of the clear advantages of this enhancement is the time that it will save them from an administration point of view, allowing them to spend time generating additional income.”