1.03 USAGE
Twenty7Tec currently has the largest base of individual users with over 24,000, although just shy of 14,000 actually used the system over the past year.
Figure 1.20: Number of registered users
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* 2020 survey entry
Figure 1.21: Number of registered users who used the system in the 12 months ending 30/09/20
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* 2020 survey entry
Sourcing systems have for a long time sought to build a presence with both networks and mortgage clubs. The more established players have been successful with this strategy, with a number of either sole-tie or preferred system arrangements.
Such arrangements are likely to have a bearing on the levels of switching systems by advisers.
Twenty7Tec has individual commercial arrangements in place with mortgages clubs and works with networks in a variety of different ways, integrating with its bespoke CRM, with Cloud27 as its chosen technology partner. Mortgage Brain has distribution partnerships with 13 networks and clubs.
Figure 1.22: Networks and mortgage clubs with a distribution arrangement
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* 2020 survey entry
This data was collated in January 2021. Trek Publishing Limited accepts no liability for loss or damage to material submitted for publication.
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