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Home of Choice system cuts out multiple log-ons

Home of Choice has been hailed for designing a system that cuts out the need for advi- sers to key in multiple log-ons to access sourcing engines.

Home of Choice’s system, called Ignition, enables brokers to log on once and simultaneously access Trigold for mortgages, Assureweb for life and critical illness and Paymentshield for general insurance.

HoC says this eliminates the need for brokers to log on separately when fact-finding and sourcing products for their customers. The system retains a full audit trail of the sale and allows e-trading from initial client contact through to application. It also ensures prompt payment of commission.

Commentators say any system which speeds up the processing of applications is positive for the market. The endorsement comes in a week when technology has dom- inated the headlines in the mortgage market, with GMAC now being able to give a point-of-sale offer.

London & Country head of communications David Hollingworth says: “You cannot really argue with a system that makes things simple. One of the issues some brokers have is multiple log-ons which slows things down.”

HoC senior compliance manager Kate Barling says: “It logs you on to all the websites and, if you follow the whole process through, you have a complete record of the sale without any paper documentation.”

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