Users will now benefit from FSA compliant mortgage sourcing, application and compliance software through Trigold. Client data entered into the sourcing system can be automatically transferred into Exweb’s quotation and transaction services. Exweb will offer a more streamlined and efficient sales process for intermediaries.

Exweb users will also be able to subscribe to Trigold’s Compliance Shield system, which automatically saves all compliance documents produced during the sales process for archiving, auditing and risk management.

David Child, managing director of The Exchange, commented: “This agreement, secured against a backdrop of regulatory, commercial and technological change, will deliver significant benefits to the mortgage market at a time when innovation is key to success.”