A New Collaboration: Acre and Paradigm Form Technology Partnership

Acre, a well-respected intermediary platform, has recently announced an exciting partnership with Paradigm, a leading provider of mortgage, protection, and compliance services.

The collaboration aims to provide Paradigm’s member firms with access to cutting-edge technology specifically designed to streamline processes, save time, enhance operational efficiency, and ensure compliance with Consumer Duty rules and other regulatory obligations.

Acre has highlighted that their technology has the potential to save an average of an hour per case of administrative time, while also ensuring that all written business is consistent and compliant. The platform consolidates the entire case process into one convenient location – from client onboarding and checks, all the way through to sourcing and Decision in Principle (DIP).

In addition, Paradigm users have the option to forego upfront fees for Acre, and instead, cover their costs through the Paradigm profit share scheme. This innovative approach reduces direct costs for member firms, as Acre’s platform costs are tailored to individual volumes and usage.

Expressing his enthusiasm for the partnership, Justus Brown, CEO and founder of Acre, emphasized the transformative impact of having the right technology at one’s fingertips. He shared that in the coming year, technology will play an even more significant role in the work of advisers, serving as a key differentiator between brokerages. Brown also highlighted the numerous benefits that the right technology can offer, such as empowering advisers to make informed decisions for their clients and streamlining the mortgage journey by expediting the DIP process.

Richard Goppy, director of membership at Paradigm Mortgage Services, echoed Brown’s sentiments and emphasized that a primary objective of Paradigm is to equip member firms with technologies that deliver substantial value to their businesses. Goppy stated that Acre’s platform consolidates all aspects of the client case into a single location and ensures that a consistent set of data is utilized at every step, ultimately leading to better outcomes for advisory businesses and their clients. He also expressed the organization’s eagerness to collaborate with Acre and extend the benefits of its technology to their membership.

In conclusion, the new partnership between Acre and Paradigm represents a significant move towards leveraging advanced technology to drive efficiency, compliance, and enhanced outcomes for member firms. The integration of Acre’s technology into Paradigm’s services is poised to create a positive impact within the industry, ultimately benefiting both advisory businesses and their valued clientele.