Dashboard to provide Cobalt Capital software

Following the merger of London brokers Cobalt Capital and Chelsea Mortgage Management in July 2005, the new company, which will trade as Cobalt Capital, it is believed it will become London's largest independently owned mortgage broker, with projected annual mortgage lending in excess of £1bn.

Although Cobalt Capital have been using Dashboard Software as their office system for over two years, as part of the merger, the opportunity arose to undertake an extensive review of the software now available to mortgage brokers to run their office systems.

Following this review, Dashboard Software came out as the winner. As Cobalt Capital continues to grow, they felt they needed a system that could enhance their professional independent service, and grow with them.

Julian Ingall, Director at Cobalt Capital, explains: "We require a system that is sufficiently flexible to work the way we work and which will enable us to grow and expand our business without any restrictions. We have worked with Dashboard in the past to enhance and develop the system, and will continue to do so in the future."

Julian continues: "Dashboard Software is completely web-based, and this allows our staff and all our professional introducers to use the system from anywhere in the world - this is particularly useful for working from home or from business introducers' offices. Our introducers can also log in and submit cases electronically and then track their applications online. As Dashboard host and run the system, all this is done without the need to install or maintain any hardware or software."

David Aylmer, Managing Director at Dashboard Software, comments: "Our level of service and our commitment to the mortgage market, along with our client base and our integration with third parties such as Trigold, Webline, Goldsmith Williams and INVU, helped us to win Cobalt's continued support. The functionality of our system, with elements such as the workflow engine, integrated letter writer and commission reconciliation, along with its smooth running over the past two years, have helped Cobalt to achieve their goals and run an efficient operation. We are grateful for their continued support and look forward to helping the larger organisation achieve its goals in the years to come."

Matthew Lowndes, Operations and IT Director at Cobalt Capital, remarks: "Dashboard provides all our commission and reconciliation requirements with the management information and reports we need to be able to report on, and analyse, our sales and administration teams. All our staff use Dashboard and rely on the system-generated tasks and reports to manage their workload and activities. The system also provides an audit trail and key performance reports on the main areas of our business - another of Dashboard's key strengths."

Julian summarises: "With Dashboard Software's system, plans and knowledge of the mortgage market, and our own future growth plans and experience, we feel we combine to make an exciting and market-leading proposition. This was the reason Dashboard Software was chosen to be our partner for the future."