As part of the offer, brokers will be able to source secured loans from the Prospector AAA sourcing system, which is based on an integrated sourcing engine developed for Trigold.
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The module works by selecting the secured loans option from the Trigold portal. The user begins by selecting the compliance link, which has recommendations and questions to ask the client, a quick quote and sourcing link follows for rates and repayment charges with the final option to refer the deal to a master broker. Users can also work offline to ensure security, with the final confirmation encrypted via XML to be sent to the master broker.
Bill Safran, CEO at Trigold, said: “It has been suggested by a number of commentators that in order to provide best advice and treat customers fairly brokers must consider secured loans as an option. Our job is to provide the tools that advisers need to do their job effectively and so we’re delighted to launch this new facility.”
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“We’re not dictating which lender or master broker is used or which route advisors take to get to them but what we are doing is bringing these products and this proposition directly onto the desktop of our users.”
John Webster, CEO at Swift Advances, said: “The rapid growth of the secured loans market has encouraged increased competition. Each new lender brings its own products and Trigold has recognised it can emulate its success in the first charge market by providing a service which helps brokers do the best job for their clients.”
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