Air Sourcing is the first partner to integrate with Canada Life and the update will allow advisers to see the lender’s live rates and create key facts illustrations (KFIs). The firm said this would create a seamless transfer of data between the platforms.
This will be captured and automatically populated, meaning advisers will not need to rekey data.
To access the update, users of Air Sourcing will need to ensure their account is linked to the Canada Life adviser portal or register for a new one.
Mike Taylor, managing director at Air, said: “At Air, we are constantly looking for ways to help advisers through the use of technology, whether that is when making an application via Air Sourcing or keeping their knowledge up to date through our updated Air Academy.
“This latest integration with Canada Life will help to significantly reduce application processing time by removing the need to rekey data and provide a smoother journey for advisers and their clients.
“This update is part of our ongoing commitment to developing a new digital journey for lifetime mortgages that better supports advisers and their clients. We are dedicated to delivering the best tools, support and technology available.”
Sadna Zaman, proposition development manager at Canada Life, said: With a market that is constantly changing and evolving, we know that time is of the essence, so we are delighted to be working with Air Sourcing to provide the first API link to our adviser portal.
“This link will save processing time and provide advisers with more opportunity to focus on ensuring that other aspects of the application work as smoothly as possible. This is a great step forward for the market and the advisers we support.”
