Attentiv launches 'regulation ready' mortgage package
AttentiV Systems Group plc (London:ATN) (formerly Lynx Financial Systems) has launched a 'regulation ready' mortgage point-of-sale solution, Summit Mortgage Sales. The system can be used across all distribution channels - branch, call centre, internet, broker and intermediary, and offers seamless integration with Summit - AttentiV's retail banking system. The software has been developed to conform with upcoming mortgage regulation and can be deployed over a web browser.
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Summit Mortgage Sales has been developed in partnership with N4 Solutions, a company specialising in multi-channel financial sales systems. Functionally rich and highly configurable, the system's workflow capability will guide the mortgage sales process in a compliant manner, ensuring that mortgage advisors follow the correct procedures and give the correct advice.
The technology behind the point of sale solution has already been proven in organisations such as the Norwich & Peterborough Building Society. Commenting on the mortgage sales project with N4, Matthew Bullock, Chief Executive of Norwich & Peterborough said "Our aim is to enable our customers to be confident that all their savings, investment and protection needs have been carefully considered and provided for, whilst at the same time providing compliant advice. The sales experience will be more productive for both our sales people and our customers. The solution allows us to welcome technology as an instrumental but comfortable part of our sales process."
The Summit Mortgage Sales module can provide an internet based on-line sales solution, taking customers through a pre-set list of questions with in-built workflow technology helping the customer select the most suitable product.
Summit Mortgage Sales can also be operated in a disconnected mode, enabling field based mortgage sales staff to sell products in a compliant manner without a connection to the main system.
Key features of Summit Mortgage Sales include:
* Full support for compliant operation.
* Tight integration with Summit application processing and post completion administration.
* Multi-channel deployment with customised look and feel for each channel.
* Browser based for ease of operation and deployment.
David Webber, Managing Director of AttentiV Systems explained " We've had extremely positive feedback from those customers who have already had a chance to see the system. Whilst compliance has been the main driver for organisations, customers believe that Summit Mortgage Sales will broaden and significantly improve their entire sales procedures, automating many existing processes and enabling the advisor to concentrate on providing the most suitable products and services to customers."