Paradigm Mortgage Services has announced the launch of a new partnership with sourcing and technology platform provider, Twenty7tec.

The move will allow Paradigm member firms to integrate the Twenty7tec system into their businesses.

Paradigm said the relationship would focus on providing technology solutions to member firms to help speed up the adoption within their businesses, and to help drive a range of time and resource-saving benefits. 

Twenty7tec offers its Velocity technology solution which includes a modular suite of applications – Finplan Home, Finplan Protect, Finplan Wealth, Capture, Source, Apply and Insight. It is designed as a customer relationship management solution for advice firms of all types, providing integration with proprietary and third-party product selection and application providers.

As part of the new partnership, Paradigm also confirmed it has secured special mortgage sourcing terms at a discounted rate with Twenty7tec.

Director of mortgages at Paradigm, Richard Howes, commented: “We’re all acutely aware of the major advancements in technology provision we have seen in recent years to the advisory sector, and Twenty7tec have been one of the key players in this.

“Technology adoption is all about integrating systems such as Velocity into an individual business and being an enabler to support advisers saving them time, money and resource in order to get through the advice journey in a much quicker timescale.

“Too much time has been spent repeating data input across various systems, or having to duplicate tasks, and this clearly eats into the time and resources of firms. We believe firms that adopt technology which cuts this out of their process will be more efficient and able to spend more time with clients, and Twenty7 tech can help with this seamless integration.

“We’re looking forward to working with the team at Twenty7tec to help drive the development and uptake of technology within the advisory space to help all our members.”

Twenty7tec national account manager, Rhys Powell, said: “We are delighted to continue and deepen the relationship between Twenty7tec and Paradigm Mortgage Services. In the current climate advisers are looking to technology for solutions to reduce the time they spend on a customer journey, while remaining compliant at the same time.

“Being able to offer this solution to Paradigm, and work closely with them to drive adoption is another example of our commitment to the industry to make the mortgage advice process faster, simpler and more efficient.”

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