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Paragon: Our platform relaunch will build ‘longer and stronger broker relationships’

Victoria Hartley
Written By:
Posted:
September 2, 2024
Updated:
September 2, 2024

With its Q3 origination system pilot ongoing, specialist commercial, development and buy-to-let lender Paragon Bank Group said when the system launches, the higher standard of technology will cement broker relations.

Louisa Sedgwick, commercial director for mortgages, Paragon Bank Group said the technology will offer its customers “a much better journey” and “build longer and stronger relationships with our brokers who can then build longer and stronger relationships with their customers.”

She added that Application Programming Interface (API) submission links are on the roadmap.

“It’s also, which horse do you back? Because there are so many of them out there. We’re not going to be able to do API links with all of them,” she said.

Sedgwick added that the strength of those relationships will determine, which ones the lender goes with first.

Jonathan Workman (pictured), transformation director at Paragon Bank Group said the group is hoping to roll out the technology “very quickly” post-pilot.

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He said: “The system will include a single customer view. That’s for us in terms of a clear view of all the cases they have with Paragon – but also from a customer point-of-view, landlords will be able to see their portfolio and some of the services they can interact with.”

 

 

Watch the first and second part of the video series on Paragon’s imminent origination platform tech launch here.

 

Thanks to Arindom Basu, founder and CEO of Digilytics, Louisa Sedgwick, commercial director for mortgages, Paragon Bank Group and Jonathan Workman, transformation director at Paragon Bank Group.

 

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