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Self-employed lender RedZed has become the first lender to launch new serviceability calculators, developed by Quickli, to help brokers more quickly navigate its offerings.
Non-bank lender RedZed today (6 May) unveiled new serviceability calculators in its broker portal, Introducer Connect, in order to create a “seamless, user-friendly experience to brokers”.
Designed in the same format as Quickli’s broker-facing serviceability technology, the platform combines five existing tools (resi servicing, commercial servicing, SMSF servicing, mortgage arrears guide, and business activity statement guide) in the one interface.
The specialist lender has said it adopted the Quickli-based technology to reduce the administrative burden for brokers.
Speaking of the new tool, RedZed’s general manager, sales and strategic partnerships, Nathan Taddeo, said: “At RedZed, our priority has always been to provide the best possible experience for our brokers and customers.
“Partnering with Quickli and adopting its industry-leading technology was a no-brainer for us. The Quickli platform is widely respected and delivers a seamless experience, so it made sense to build our calculators based on their tried and tested technology.
“Our focus on creating outstanding customer experiences aligns perfectly with this integration, and we’re excited to bring these benefits to brokers and make their lives a whole lot easier.”
The new RedZed tool marks the first time the broker-founded fintech Quickli has developed technology tools for a lender partner and aims to simplify the preliminary assessment phase.
Established in 2021 by co-founders Eric Dill (broker) and Angus Keatinge (software engineer), the duo put their heads together to help brokers speed up the preliminary assessment process.
While the platform already incorporates more than 50 lenders within the broker-facing serviceability platform (used by around 12,000 members of industry), it is now expanding to offer serviceability technology for lenders and the broader finance market.
Noting the launch of its first lender partnership, Quickli co-founder and co-CEO Keatinge said: “Working with RedZed is an exciting opportunity to continue improving the serviceability calculator experience for brokers, not just within the Quickli platform but across the entire lender ecosystem.
“This technology not only makes the assessment process seamless, it also offers more insights and empowers brokers to connect more effectively with their clients.”
The fintech has been broadening its technology offering in recent months, including by rolling out five new widgets that can be white labelled for mortgage broker websites earlier this year.
You can find out more about the technological innovations in the broker space in the April edition of The Adviser magazine, out now!
[Related: Quickli rolls out white label tech for broker websites]
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