Smartr365 launches ‘SmartrSuitability’

Michael Lloyd

September 2, 2019


Smartr365 has launched ‘SmartrSuitability’, a platform feature which reduces the time required to produce both mortgage and protection suitability letters.

It said this is the final step in the end-to-end, automated mortgage process and saves brokers up to an hour per application.

Cameron Parsons, product manager, Smartr365, said: “We know that suitability letters have been an obstacle for brokers and their compliance procedures for some time. We’ve listened to users and developed SmartrSuitability to make the entire compliance process quicker, simpler, and more efficient.

“Automation removes many hours of manual work, and central control means firms don’t have to worry about submitting non-compliant paperwork.

“Brokers can access everything they need from within the Smartr365 platform, and compliance managers can ensure that the right templates are ready and waiting for them.”

SmartrSuitability gives compliance managers fully customisable suitability templates to ensure that letters comply with the latest SEA regulations and prevent brokers using old, non-compliant versions.

These can be personalised to suit the requirements of each network and as many as needed can be stored on the Smartr365 platform.

Managers can view active cases and check progress as templates are being filled out with no disturbance to the broker, the client or the sales process.

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