Misys is bolstering its support for IFA members doing mortgage business by providing more mortgage and compliance services and creating the new position of lending services manager.
It is also naming internet and telephone bank Intelligent Finance, which offers a range of flexible mortgages, as a “categoryA” provider to help develop and deliver mortgage training to network members.
Andy Young is joining Misys in January as lending services manager from Zurich IFA, where he ran its mortgage club offering support to IFA.
With Misys IFA Services, which includes Countrywide, Financial Options, Kestrel and IFA Network, he will be resp-onsible for all its lending support, including compliance, training and negotiating commission deals.
Misys says it is looking to supply compliance support to existing members who want to meet the mortgage code and MCCB req-uirements and may consider extending this service to non-member IFAs.
Misys head of marketing Andrew Bedford says: “Our lending services manager will let us develop all lending-style offers for members. IF is a good provider with an excellent online service.”