IRESS launches XPLAN Mortgage
The XPLAN Mortgage is cloud-deployed and is available for online and offline users on mobile devices such as tablets and smartphones.
The solution currently utilises a Trigold mortgage sourcing ‘module’, which allows intermediaries to compare multiple mortgage products, generate KFIs and use interactive tools designed to calculate the impact of overpayments, interest rate and term changes to a client’s mortgage.
Other modules will be launched in 2015, as the XPLAN Mortgage will integrate with IRESS’ Exchange protection sourcing for example.
Andrew Simon, executive general product manager at IRESS, said: “We have developed XPLAN Mortgage in response to the growing demand from mortgage intermediaries for online and multi-device capability.
“We are committed to supporting the evolving needs of mortgage intermediaries, making it easier for them to advise on and sell mortgage products. Our XPLAN Mortgage product is central to this, and this first Trigold sourcing module will help improve the speed and efficiency of the mortgage sourcing process for our clients.
“Advisers want flexibility, and our unified solution matches this need, providing the flexibility to utilise as many or as few optional modules as wanted to best match the personal requirements of the user. We have already seen the efficiency gains in our pilot user groups and are confident XPLAN Mortgage will prove to be a vital and differentiated tool in advisers.”
Trigold Prospector users will be able to choose whether to use the XPLAN Mortgage Sourcing module, Trigold Prospector, or both, at no additional cost.