Woolwich has become the 57th lender signed up to the ETC. The E-Trading Centre is available free to all Trigold users and is integrated with the Prospector AAA sourcing system to enable the re-use of client data throughout the sales process.
Bill Safran, chief executive officer (CEO) of Trigold, welcomed Woolwich as the latest ETC lender: “This is another example of the significant move towards an end-to-end mortgage process for brokers. It’s no longer a case whereby brokers need to jump between systems or processes and re-key the data at each stage. This Luddite method has thankfully been resigned to the bin thanks to lenders like the Woolwich. Brokers want access to the innovation and range of products offered by the Woolwich from their desktop as a natural progression of the sales process. This new development will allow brokers to pre-populate their clients details from the sourcing engine directly in the ETC and submit a full mortgage application to the Woolwich in just a couple of clicks.”
David Finlay, intermediary business director at the Woolwich, commented: “The development of the mortgage sales process is something that we’re firmly committed to supporting as a lender. We looked carefully at the numerous ways that our intermediary colleagues access our products and it’s obvious that the E-Trading Centre is now offering a complete package. Not only are applications able to come through to us quicker as the submission is directly from the brokers’ sourcing system, but the accuracy of client data is increased as this is taken from the Fact Find.
“We also liked the fact that Trigold offer an opportunity for lenders to present their own proposition to brokers which means that we feel that we’re complementing the trading platform and not competing with it.“