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Specialist lender updates technology system

by Staff Reporter7 minute read
The Adviser

Bluestone has waived enhancement of its own e-lodgement platform in favour of the innovative NextGen.Net online portal, ApplyOnline.

General manager Bluestone Asset Management Australasia Peter Wood, said the move shows Bluestone’s commitment to working with brokers to deliver the best service.

“As we started chatting to people it became apparent that the majority were filtering their electronic lodgements through ApplyOnline,” he said.

Following a five-year hiatus from the specialist space, Mr Wood said he is eager to see Bluestone re-establish its technology-driven image.

Mr Wood added that he expects technology to become even more significant in the years to come.

“We’re heading towards the ability to upload documents straight into the system. Moving forward you’ll see less and less paper, which from our perspective as a lender is fantastic,” he said.

Tony Carn sales director at NextGen.Net, said NextGen are now delivering significant enhancements to brokers and lenders through ApplyOnline.

“This includes comprehensive tools to measure and manage quality at the time of submission, which will radically reduce requests for more information and achieve significantly higher straight-through-processing rates,” he said.

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