"Members can now enter client details once and obtain their KFI rapidly and then move the required information seamlessly into other systems"
Equity release and retirement lending sourcing system, Air Sourcing, has fully integrated more 2 life into its independent API-ready platform.
more 2 life has become the latest lender to be integrated into the system, which enables advisers' inputted data to move seamlessly from one programme to another without the need for multiple re-keying.
Air Sourcing confirmed all later life lenders will be able to integrate into the platform and it will not be restricted to any particular distributor.
Air Sourcing, part of the Answers in Retirement Group, is also building a ‘white label’ version of the system, meaning firms will not need to invest in building their own platforms.
Stuart Wilson, CEO of Answers In Retirement Group, said: “API will change the ability of firms to deliver advice right across financial services. We have been working closely with more 2 life and its technology development team over the past few months, and we are very pleased to announce it is the latest to integrate into our truly-independent API-ready platform. This will mean advisers have the ability to directly generate KFIs and full applications via Air Sourcing. Members can now enter client details once and obtain their KFI rapidly and then move the required information seamlessly into other systems and an application to submit in seconds.
“We have been impressed with the determination and commitment from the more 2 life team to deliver this for brokers as we continue our ambition of building market-leading technology for those advisers dealing with older consumers. We are also working closely with other providers in the later life lending sector to add them into this exciting and cutting-edge technological development and hope to announce further exciting news throughout this year.”
Dave Harris, CEO at more 2 life, added: "Advisers spend hundreds of hours each year on administration – often being forced to type and retype the same information into various portals. We are delighted to be in a position to integrate our systems into Air’s API-ready platform as this is a step forward that will allow more advisers to get the answers they need more quickly.
“At more 2 life we are committed to supporting brokers and will continue to look for innovative ways in which we can help them focus their energy on servicing their customers and growing their businesses rather than form filling.”