Paradigm has announced a new partnership with intermediary platform, Acre.
The mortgage, protection and compliance services proposition offers its member firms access to technology designed to save them time, deliver greater operational efficiency and ease adherence in compliance with Consumer Duty.
The technology that is offered by Acre can save an average of an hour per case of admin time, while keeping written business consistent and compliant.
Acre’s platform brings the entire case process into one place, from client onboarding and checks, all the way to sourcing and decisions in principle (DIP).
As a result of Acre’s integration, Paradigm members who choose Acre will be able to offer a service to customers which ensures the right products are sourced and secured first time.
Paradigm users can also opt to pay no upfront fee for Acre, instead paying their costs using the Paradigm profit share scheme, therefore reducing direct costs to them.
Chief executive officer and founder at Acre, Justus Brown, said: "Paradigm understands that having the right technology at your fingertips can transform a business. The year ahead will see technology play an even bigger role in adviser's jobs.
"It will be the differentiator between brokerages. The right technology delivers a multitude of benefits: advisers are more informed on the best deals for their clients; the mortgage journey is more efficient with a faster route to DIP. With this partnership, Paradigm has clearly recognised the positive change Acre can deliver to advisers."
Director of membership at Paradigm Mortgage Services, Richard Goppy, added: "A key role of Paradigm is to equip our member firms with new technologies that bring significant value to their businesses. Acre bring all elements of the client case into one place and allow for one consistent set of data to be utilised at every step, to deliver better outcomes for advisory businesses and their customers. We’re looking forward to working with Acre and sharing the benefits of its technology with our membership."
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