Tenet will provide members of Lifetime Insurance Mortgage Experts (LIME), M&E and Interdependence with a customised version of Trigold’s Prospector AAA which offers mortgage sourcing, electronic applications, cross-sale prompts and compliance documents.
According to Amanda Waddington, operations manager at LIME, Trigold was chosen exclusively as LIME could only integrate one sourcing system with its back-office system and from a financial perspective were only willing to provide one system.
“While Mortgage Brain is a very good system Trigold met more of our particular requirements,” Waddington said.
“We felt is was essential to review our technology offering moving in to the regulated environment,” she added.
“Trigold will provide our members with several major benefits which includes a user friendly sourcing system, bespoke compliance documentation and a compliant audit trail which will allow us to electronically check files and conduct desk-based monitoring.”
Tenet members will still be able to use Mortgage Brain if they wish but will not have the system paid for by the network.
Trigold joint managing director Bill Safran says: “We are obviously delighted to have been chosen by Tenet to be their exclusive system. We have worked closely with Tenet to customise our system for their members.
“Their bespoke version of Prospector AAA integrates with the other Tenet systems and provides all their members with approved panels, individual proc fee arrangements, insurance links and Tenet-approved compliance documents.”