MoneyFacts to provide MoneyExtra search data

These search facilities include those for mortgages, loans, cards, savings and current accounts.

Commenting on why Moneyextra chose Moneyfacts to provide its personal finance data, Mark Fleet, Managing Director of Moneyextra, said, “Moneyextra’s comprehensive online personal finance tools rely on a high quality, accurate and timely source of industry data. This data is paramount in ensuring that our website users’ financial needs are fully met with the best, most appropriate solution for them. Reviewing our data provision requirements, we concluded that Moneyfacts was the key partner to work with to ensure we deliver a service to the standards of excellence and impartiality that our site requires and our users deserve.”

Alan Hough, Sales Director, Moneyfacts Group, said: “Moneyextra is a major financial website. Their expectation for our data, technical implementation and ongoing service was of the highest order. Moneyextra already had well-established financial searches on their websites and a major part of our brief was to ensure continuity of their service. We worked very closely with Moneyextra’s project team to ensure this. Moneyfacts has the widest experience in providing data services to websites and I.T. systems and this was a key factor in managing such a large project.”

In addition to whole of market searches for cards, loans, savings and current accounts, Moneyfacts has implemented the most advanced mortgage web service on the market. Utilising .NET technologies, the mortgage search provides for full control by Moneyextra over the client interface with sourced product details and calculations being delivered by Moneyfacts web service.

Alan Hough continued: “Competition in the mortgage market is fierce and a well presented and designed website can give a competitive edge and improve lead generation. To achieve this, customers are demanding full control over the look and feel of their site - a ‘packaged’ sourcing service that doesn’t integrate well is insufficient. The Moneyfacts mortgage web service is ideal for such requirements as customers can implement a whole market or panel driven sourcing system with the confidence that they can change their website at any time.”