NEWS
23rd January 2006:
Nm² Announce Link Up with Home Buyer Systems and MortgageStream.
Nm² Training & Compliance Solutions are delighted to announce that they will be offering Home Buyer Systems and MortgageStream as a standard part of their Compliance offering to all of their Mortgage & General Insurance Intermediaries.
Michael While, Managing Director, has stated "Adding Home Buyer and MortgageStream to our current Compliance offering is a perfect solution for Mortgage & General Insurance Intermediaries and Networks".
Basic FSA requirements stipulate that all firms must ensure that they have adequate resources and systems and controls in place; this includes, having staff that are (and remain) competent to perform regulated activity and selling products which are suitable to a clients needs and circumstances, whether advised or non-advised.
Having compliance professionals in place to support intermediaries with simple and easy to use online systems, which provide effective audit trails to support sales advice from initial contact, product sourcing, through to completion is fantastic.
The system also includes tools which will assist us in the simplification of Training & Competence and enable us to conduct remote monitoring more effectively. It will also allow us to identify any issues before they arise and enable us to put actions in place to remedy them before there is any chance of consumer detriment.
Richard Angliss, Director of Home Buyer Systems Ltd, said
"We at Home Buyer are delighted to be working with Nm². Our systems are expert systems for both the Mortgage and General Insurance Industries. Whilst our sales system is simplicity itself for Directly Authorised firms and individuals, preferably you need a fellow Compliance professional to do the checking and support for you.
For sales people who want the benefits of being directly authorised with the major benefits of a network (i.e. professional compliance support), then you can have this with Nm Squared.
Nm² are able to remotely monitor, through the Home Buyer System, sales of both Mortgages and General Insurance and inform you through the system of anything you need to be aware of. As well as this they can provide T&C through the system, in fact anything you need to run a successful, professional business.
Put simply you have total peace of mind and the best of both worlds."
Paul Holden, Sales Director of MortgageStream Case Management Software, said
"We at MortgageStream are delighted to be associated with Nm², every Mortgage and General Insurance broker should approach the subject of Compliance in a systematic and business manner. The combination of the MortgageStream's advanced audit trail, comprehensive document management and measured workflow in simple to use software, allayed with Nm² Compliance Service ensures that any Mortgage and General Insurance broker can run their business in a compliant manner reassured that they have the best software and the best Compliance strategy to take their business forward."
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