Bank of Ireland signs mortgage distribution deal with Tenet

Added 22nd June 2016

The Bank of Ireland has launched a new partnership to distribute its range of mortgage products with TenetLime, part of the Tenet Group of independent financial advisers.

Bank of Ireland signs mortgage distribution deal with Tenet

The Bank of Ireland re-entered the UK intermediary mortgage market under its own brand two years ago and since then has reached partnership deals with a number of key distributors in the sector.

Alison Pallett, director of sales at Bank of Ireland UK said: “This is an exciting time for Bank of Ireland UK as we continue to invest in technology and work with new partners, ensuring that we are easy to do business with.”

The bank is known for its mortgage application platform, called ‘Rome’, which can turn around a client application in less than 15 minutes.

The technology centralises the many distribution channels, brands and products required for a mortgage application into one single system, making it easier for multiple stakeholders to access at any one time.

The features of the system mean it can be adapted to be bespoke and scalable depending on the user’s business model. 

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Richard Hubbard

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Richard Hubbard is the group editor at Last Word. He is responsible for the editorial content of International Adviser, Portfolio Adviser, Expert Investor and Fund Selector Asia. Richard previously worked for Thomson Reuters and has covered the financial services industry and investment themes from its offices in London, Singapore, Hong Kong and New York. Richard started his career at the Australian Financial Review in Sydney.

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