View more on these topics

TrigoldCrystal plans for life after collapsed Mortgage Brain merger

TrigoldCrystal is planning several upgrades and a new trading platform launch following the collapse of its merger with rival Mortgage Brain.

The software firm today revealed earnings before interest, taxes, depreciation and amortisation of £1.2m in 2010, compared to £0.9m in 2009. It has yet to publish its full 2010 results but says it cleared its debt in the second quarter, down from a peak of £6m in 2004.

Earlier this week, Mortgage Brain announced it had pulled out of the merger following the Office of Fair Trading’s decision to refer the case to the Competition Commission.

TrigoldCrystal says it plans to invest in its prospector platform, with several new upgrades planned for the year, as well as the launch of a new mortgage trading platform that sends case data to lender extranets. It also plans to launch new prospector iPhone and iPad applications.

Join chief executive Jon Whitmore says: “We have very exciting times ahead and the market can expect a series of product upgrades and new product launches from TrigoldCrystal during the year ahead and beyond.”

Recommended

Small cap wonders

The sovereign crisis is the latest deterrent for investors looking at European small caps, despite the solid returns generated from this area of the market. Over the past 10 years or more, little activity has been seen in European smaller companies funds in the way of launches or, in the case of investment companies, discounts […]

3

Budget 2011: Govt proposals could see state pension age hit 75

Government proposals to link the pension age to life expectancy could force a person in their mid-twenties to wait until they’re 75 to pick up their state retirement benefits, experts warn. In a surprise Budget announcement Chancellor George Osborne (pictured) said the Government would seek a “more automatic mechanism” for increasing state pension ages in […]

8

MM leader: FSA needs to rein in its costs

While it is pleasing to see the FSA business plan confirm a cut in fees for many smaller firms, the relentless overall increase in regulatory budgets is of major concern. When Lord Turner joined the FSA in 2008, he declared small IFAs had been paying too much for too long, yet there has been little […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com