NU offers mortgage club members Compliance Shield

The Compliance Shield system integrates with the Prospector Plus mortgage sourcing software provided by Trigold.

John Whitehead, from Norwich Union mortgage club said:

“Trigold has been the sourcing system used by many of our members for some time now and with the additional burden of responsibility that FSA compliance will bring, an integrated solution is exactly what they are looking for.

“Compliance Shield has the unique capability of providing lasting, tangible benefits for Directly Authorised intermediaries for both the production of compliance documents and the proof of production in terms of monitoring and auditing. The fact that the two systems are seamlessly integrated removes any additional burden from the intermediary and Norwich Union are pleased to be recommending the software.”

Trigold joint managing director Martin Colyer says:

“Norwich Union has the reputation as a market-leading provider of intermediary services. Their mortgage club members’ benefit from the highest level of support and we are pleased that Trigold’s Compliance Shield is being offered to help them not only survive, but thrive in the new regulatory environment.

“The 1,000 Norwich Union mortgage club members already using Prospector Plus are already over halfway towards satisfying the new FSA requirements. Compliance Shield completes the job with automatic archiving, auditing and monitoring tools, all at the touch of a button. The combined system brings sophisticated ‘lighter-touch’ compliance to an individual firm whilst satisfying the compliance oversight and risk management tools as highlighted by the FSA in their application requirements.”

Norwich Union mortgage club members wishing to find out more about Trigold’s Compliance Shield software should telephone Trigold on 0870 241 5465 for a free 30-day Trial.