iState Systems’ newly launched Apprivo Broker Portal now allows advisers to submit mortgage or insurance applications via smartphone, tablet or any internet connected device.
It also enables brokers to track an application every step of the way, to see any information outstanding and when a case is likely to complete. It will allow an adviser to track their client’s payment history once a case has completed – all via their mobile phone.
iState launched Apprivo last April. It is an app which lets customers to use their mobile phones to securely access their accounts with a lender or savings provider, send outstanding information and documents, which they can take a photo of on their mobile, transfer money from one account to another or even complete a mortgage, credit card or insurance application.
iState allows lenders to connect their system into the Apprivo suite of products without breaching any firewalls, as Apprivo sits alongside a lender’s existing systems. It is platform independent and will integrate with an adviser’s CRM system.
The system can also be white labelled, but what the adviser and client can see is protected at all times. Levels of protection can be built in both by the lender and by the adviser.
The firm says the broker portal will enable brokers to create new business, carry out affordability calculations, quote on products, send KFIs, show a selection of products or review existing cases – all from their mobile phone.
Barry Yager, founder and director of iState Systems, said: “This technology will revolutionise the way that advisers and lenders do business. It shortens the mortgage process, makes it much more cost effective and it will make communications between lender, adviser and client transparent in a way that has never been possible before.”