Mortgage Brain: We are ready for GDPR

Mortgage Introducer

October 23, 2017

Mortgage Brain’s sourcing software and other solutions will adhere to the General Data Protection Review.

The company has been consulting with customers to discuss their requirements, as well as reviewing its own systems.

Mortgage Brain said its systems are already complaint but it will improve them ahead of the GDPR deadline on 25 May 2018.

GDPR will introduce a new level of accountability for organisations handling other individual’s personal data.

Mark Lofthouse, chief executive of Mortgage Brain, said: “GDPR is on its way and it’s going to affect everyone. It’s imperative that advisers have a full and clear understanding of the new rules and regulations and are well aware of their responsibilities and what support they should expect from their system providers.

“The consultations we held with our customers were an important part of this process and have proved extremely valuable in ensuring all parties know what needs to be done and who is responsible for what.”

“Whilst we might not be directly responsible for the personal data that advisers’ hold on their systems, we do have a responsibility to all the users of our systems to make sure that they can satisfy their GDPR responsibilities.

“It’s a responsibility we take seriously and, as we have in the past, we’re going the extra mile to ensure all of our systems – for the benefit of advisers – are fully GDPR compliant, well in advance of the deadline next year.”

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