Focus Solutions Group reports Trigold deal

Source: Focus Solutions Group

Focus Solutions Group (AIM: FSG) today announces that it has signed a new licence agreement with Trigold, the leading provider of software to the intermediary mortgage market.

This contract has the potential to deliver revenue up to £100,000 over a four year period and allows Trigold to use Focus' technology to create electronic mortgage application forms to host on their industry portal and sourcing system, 'Prospector AAA'. The electronic forms, built with Focus' technology, will create a more efficient sales process for both the mortgage intermediaries and the lenders using the Trigold system.

Bill Safran, Chief Executive Officer for Trigold commented; "This new contract enables us to use Focus' award winning technology to enhance our offering to both the lender and intermediary community. Trigold is currently the mortgage sourcing system of choice for over 24,000 professional mortgage advisers and can successfully deliver electronic applications to over 55 Mortgage Lenders. Focus' technology will deliver us the capability we need to provide a true electronic end-to-end sales process."

Richard Stevenson, Chief Executive for Focus added; 'We are delighted that Trigold will be using our technology on a licence basis to create electronic forms to host on their sourcing system. The potential now exists for Focus to further expand its presence in the mortgage intermediary market as the market's leading lenders use our technology to trade with their clients electronically."

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