"It provides an easy to use, broker-friendly front end, coupled with a fully compliant, intuitive Paragon underwriter back end."
The portal is based on BEP’s cloud-based, modular Apprivo system and will enable Paragon to expand its service to borrowers via its broker channel.
With offices in Manchester and London, BEP Systems works with a range of fin-tech companies to provide both customer–facing and back office financial system solutions.
Chris Little, managing director of BEP Systems, said: “The BEP lending portal for Paragon is a powerful platform that will empower Paragon to rapidly roll out products to the broker market.
“It provides an easy to use, broker-friendly front end, coupled with a fully compliant, intuitive Paragon underwriter back end.”
Alec Marsh, Director of Change Management at Paragon, added: “BEP has provided great guidance, assisting us in implementing the new web based front end to support the launch and development of our first and second charge, owner-occupied, residential lending products.”
Last month, Paragon Mortgages launched its first range of residential mortgage products aimed at customers with complex incomes including self-employed and those borrowing into retirement.
