With its Q3 origination system pilot ongoing, specialist commercial, development and buy-to-let lender Paragon Bank Group said when the system launches, the higher standard of technology will cement broker relations.
Louisa Sedgwick, commercial director for mortgages, Paragon Bank Group said the technology will offer its customers “a much better journey” and “build longer and stronger relationships with our brokers who can then build longer and stronger relationships with their customers.”
She added that Application Programming Interface (API) submission links are on the roadmap.
“It’s also, which horse do you back? Because there are so many of them out there. We’re not going to be able to do API links with all of them,” she said.
Sedgwick added that the strength of those relationships will determine, which ones the lender goes with first.
Jonathan Workman (pictured), transformation director at Paragon Bank Group said the group is hoping to roll out the technology “very quickly” post-pilot.
He said: “The system will include a single customer view. That’s for us in terms of a clear view of all the cases they have with Paragon – but also from a customer point-of-view, landlords will be able to see their portfolio and some of the services they can interact with.”
Watch the first and second part of the video series on Paragon’s imminent origination platform tech launch here.
Thanks to Arindom Basu, founder and CEO of Digilytics, Louisa Sedgwick, commercial director for mortgages, Paragon Bank Group and Jonathan Workman, transformation director at Paragon Bank Group.
This is sponsored content.
Victoria Hartley is contributing editor at Mortgage Solutions, Specialist Lending Solutions, Your Money and Your Mortgage at London-based publishing company AE3 Media.
She has an MA in Radio from Goldsmiths after gaining a 2:1 in a Comparative American Studies BA at Warwick University. She also holds a TEFL qualification and taught overseas in Mexico and Japan from 1994 to 1997.
Her role includes editorial oversight of the news, analysis and features, event content management and strategic and editorial consultancy for the AE3 Media group. She is an experienced video, broadcast and live-event host and regularly chairs web and podcast debates and interviews.
Multiple award nominations have resulted in two wins: Santander Media Awards, trade journalist of the year and Headlinemoney Awards, mortgage journalist of the year (B2B). Here is one of the award-winning pieces: https://www.mortgagesolutions.co.uk/news/2011/07/21/exclusive-tale-bailey-fraud-witness/
Previous roles include editorships of Mortgage Solutions, consumer title What Mortgage and trade title Credit Today as well as a stint freelancing for a variety of outlets including The Guardian and Which? Money.
