Tuesday 7 October 2008

Supporting packagers

At Invent Software Limited our i-map master software has been widely adopted by Mortgage Packagers, Secured Loan & Commercial Loan packagers throughout the UK. Happily, through the launch of our i-map x software we are able to support our loyal customer base by promoting their services. I-map x is free to use, web based back office system for mortgage intermediaries and IFAs, at the time of writing there are over 100 firms that have registered to use it. For appropriate cases, i-map x users have the option of sending linked data directly into the processing systems of our Master Packagers. This is a service that is easy to use and of considerable value to all parties.

Packagers whose services can be accessed in this way are as follows:-

Residential and buy to let packaging:-
3mc (UK) Ltd
Mortgage Next
KGB
Mortgage Match (Croydon)
Mortgage Brand
IMP (Skipton)
Mortgage Match Ltd (Notts)
Enable Finance
IMP (Cardiff)
The Mortgage Trading Company
Mortgage Marketing Centre
FMSL
The Mortgage Service
Secured Loan Solutions (NI)
IQ Mortgages
Personal Touch Mortgage Administration Services

Secured Loan packagers:-
3mc UK Ltd
Mortgage Match (Nottingham)
IMP (Cardiff)
Y3S loans
Secured Loans (NI)

Commercial mortgage packagers:-
Money Cubed
Commerical Mortgage Solutions
Purely Commercial
FMSL
Commercial Funding Partners

Cases submitted this way are received in seconds and fully populated into the receiving processing software. This can saves considerable time and helps clients in getting their cases dealt with as speedily as possible.

Monday 6 October 2008

Trade press links

This is the first one from Mortgage Strategy October 7th 2008. Hopefully some more to follow.

Saturday 4 October 2008

Prove that you are compliant with FSA regulations

A natural bi -product of using i-map as your CRM (client relationsip management) and back office processing software is that it will help your business to comply with and to prove adherance to the FSA regulations relating to MCOB (Mortgage Conduct of Business rulebook) and ICOBS (Insurance Conduct of Business Sourcebook).

Through using i-map x to process your cases, all your activity is automatically recorded. A suggested "Compliance work flow" provides guidelines and key documents such as an IDD (initial declaration document) and a suitability letter are easily produced. Having completed a fact find using i-map, automatically produce a suitability letter from the selections already made. Another key feature in assisting compliance with the FSA (Financial Services Authority) regulations, is the ability to validate fact finds. I-map x indicates any important fields of information that have not yet been recorded, cases are automatically risk assessed to be either Green, Amber or Reg.

Completed data fields in i-map can then be integrated into Trigold Prospector sourcing software. KFIs can be produced and uploaded to i-map x. Acutal copies of all documents are then recorded against every case.

If you are part of a compliance management team, you will be able to log in and view all brokers and advisers for whom you are responsible. I-map x will show you any "high risk" cases that are being processed, you can access any cases you like and see all documentation and work flow for any individual case.

Although simply using i-map x is not a guarantee of being compliant with FSA regulations, at least it is made easy to show you are administrating your business correctly and keeping accurate records in all instances.

The system keeps a complete new business register and the analysis and reporting features offer flexibility in the way you wish to view your business performance.

Registration to i-map x is FREE so why not click here and sign up now. Invent Software Limited will also provide you with support on 01446 731214.

Friday 3 October 2008

Putting the word out

Our marketing campaign for i-map x will start on Wednesday 8th October. We are hoping for some press coverage and have been encourage by the positive comments from the trade publications that we have spoken with thus far. Some good old e mail marketing is primed and will help spread the message, and we are working on a new website which will be live from the end of today.

A free to use, web based CRM and processing system, what more could anyone ask for?

The new site has been re-jigged and if you take a look, I hope you will agree that it's now all about answering the questions that any potential trialists of the software may have, as well as coaxing visitors towards the very easy registration process.

The user manuals have been reworked, and will provide even better assistance in getting started.

No idea what the initial levels of interest are going to be like, though in keeping with most things 2008, a deluge would be nice