Precise, Shawbrook and Together have signed up to LenderGateway, the software system headed by Trigold founder Peter Heigho.
The cloud based software provides end-to-end sourcing, case management and submission system with no rekeying required from initial client enquiry.
Peter Heigho, managing director of APAC Systems, which created the software, said: “It’s no surprise that the first three lenders on board are tech-savvy, successful and ambitious businesses, with clear growth strategies and strong experienced teams guiding them.
“They all understand the crucial role technology plays in the mortgage market, and want to be at the forefront of new developments that show tangible advances for brokers, lenders and clients. LenderGateway does exactly that, and this is just the start.”
LenderGateway was launched on 21 September 2015 after two years of development and eight months of testing.
Maeve Ward, sales and operations director at Shawbrook Bank, said: “LenderGateway is a breath of fresh air, and a platform that the market has been crying out for, for many years. A one-stop-shop for sourcing, decisioning, processing and updating in real time.
“Huge investment in time and money has been spent to truly understand the needs of the end user and create a fully automated wing-to-wing system that should drive accurate day one decisioning, reduced cycle times, and better conversions – three key metrics for a seamless customer journey and a positive customer outcome.”