MortgagesOct 12 2018

Tenet enters 'strategic partnership' with tech provider

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Tenet enters 'strategic partnership' with tech provider

Tenet Group has entered a three strategic partnership with a technology provider, offering member access to a cloud-based mortgage sourcing platform.

The adviser support group has partnered with Twenty7Tec to provide its MortgageSource system to members in both its appointed representative and directly authorised sides of the business.

Tenet members will also have access to Twenty7Tec’s MortgageApply platform allowing the transfer of mortgage applications to multiple lenders.

Simon Broadley, adviser propositions director at Tenet, said Twenty7Tec’s sourcing system was set to become a market leader.

He said: "We have been really impressed by the functionality, their roadmap for the future and level of support on offer and feel this offers a great opportunity for our members to improve the service they provide to their customers."

Phil Bailey, sales and marketing director at Twenty7Tec, said the intermediary mortgage world was embracing technology like never before.

He said: "Our partnership is evidence of this. It has been a real pleasure to work with such like minded individuals from Tenet over the past few months.

"We welcome each and every Tenet member to the Twenty7Tec family and look forward to evolving together over the coming years."

Established in 1992 and based in Leeds, Tenet supports advisers across four propositions; financial advisers with investment permissions, compliance support for directly authorised firms, mortgage and protection advisers and appointed representatives.

rachel.addison@ft.com