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Mortgage Brain prepares for GDPR

Mortgage Brian

Mortgage Brain has announced that its products will fully adhere to the new rules set out by the General Data Protection Regulation (GDPR).

The mortgage technology specialist has held a number of consultations with its customers to discuss the GDPR requirements.

The company has also conducted a review of its systems and commissioned an independent external report with full legal advice and support.

In addition, Mortgage Brain has announced that it has several new software and system enhancements underway.

Mark Lofthouse, CEO of Mortgage Brain, said: “GDPR is on its way and it’s going to affect everyone.

“It’s imperative that advisers have a full and clear understanding of the new rules and regulations and are well aware of their responsibilities and what support they should expect from their system providers. 

“The consultations we held with our customers were an important part of this process and have proved extremely valuable in ensuring all parties know what needs to be done and who is responsible for what.

“While we might not be directly responsible for the personal data that advisers hold on their systems, we do have a responsibility to all the users of our systems to make sure that they can satisfy their GDPR responsibilities.

“It’s a responsibility we take seriously and – as we have in the past – we’re going the extra mile to ensure all of our systems – for the benefit of advisers – are fully GDPR compliant, well in advance of the deadline next year.” 

The GDPR comes into effect on 25th May 2018 and affects any organisation that collects and processes information and data about individuals in the context of selling goods and services.

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