Trigold and Focus Z-app competition

Amanda Jarvis

March 24, 2006

Focus’ goal:viewer(anywhere) technology will be integrated into Trigold’s Prospector AAA sourcing system to enable brokers to electronically send a part-completed mortgage application to their client to complete and return in their own time.

Trigold is the first sourcing system to offer such a service, which will enable the broker to e-mail a hyperlink to their client to download the electronic application, pre-populated with the client’s data from the Trigold system. The client can complete and validate the data required for the application offline, without having to be connected to the internet, within their own home or office environment and then return the application electronically back to Trigold.

In October 2005, Trigold announced that they had upgraded over 100 full mortgage and Application In Principle application forms on Trigold to the ‘next generation’ forms using Focus Business Solutions’ XML toolkit, goal:technology.

Bill Safran, chief executive of Trigold, commented: “Focus’ technology will enable us to provide the broker market with a unique proposition. The new service will not only enhance the broker’s service to their client by enabling the client to complete their application at their own convenience, but will also save the broker a considerable amount of time as the application can be sent electronically to the client to complete in advance of a meeting.”

Manjit Rana, director of mortgage solutions at Focus added:
“Working with Trigold has enabled us to introduce many of our innovative new technologies to the mortgage market. Integrating our technology into Trigold’s sourcing software will provide them with another electronic distribution channel that will deliver both the broker community and consumer significant benefits. We see the service being particular popular for those companies that operate large call-centres who are writing high-volumes of mortgage business.”

Sally Laker, managing director of Mortgage Intelligence, commented: “This really is a home run for Trigold. By being able to simply zap application forms back and forth between the broker and the customer means that the broker gets the right information directly from the customer in their own time whilst the broker gets on with other work. Furthermore, the z-apps are pre-populated from the fact find and sourcing data that the broker has already gathered from the customer, eliminating the re-keying of information by the broker or his/her customer. This will genuinely save hours of wasted and pointless time while providing the customer with a better and faster service.”

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