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TODAY'S OTHER NEWS

Paragon’s new broker portal launched

A new broker portal platform has been launched by lending specialist Paragon Group, assisted by financial sevices software provider BEP Systems.

The portal, based on BEP’s cloud-based, modular Apprivo system, is set to allow Paragon to expand its services more quickly to borrowers via its broker channel. The new portal aims to provide “an intuitive web-based service allowing brokers to submit cases in a simple and effective fashion”.

BEP Systems, which has offices in Manchester and London, works closely with FinTech companies to offer both customer-facing and back office financial system solutions. Now they are assisting Paragon Group, which offers a wide array of loan types and deals to the marketplace, including buy-to-let and residential first and second charge lending. 

“The BEP lending portal for Paragon is a powerful platform that will empower Paragon to rapidly roll out products to the broker market,” Chris Little, managing director of BEP Systems, said. “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, also commented on the portal partnership: “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.”

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