11th December 2006

Trigold acquires Dashboard Enterprises.

Trigold today announced the acquisition of Dashboard, the leading supplier of sales workflow systems for packagers, brokers, lenders and networks. The combined business will offer a unified, end-to-end solution, which manages the sale from the broker’s desktop through to application submission. The system covers the complete client and product cycle from enquiry through to case completion and commission reconciliation including workflow management and CRM.

Trigold is the leading provider of software to the intermediary mortgage market, and its Prospector AAA is the sourcing system of choice for over 24,000 professional mortgage advisers. In addition, Trigold’s E-Trading Centre [ETC] is the most widely used Mortgage Trading Platform with over 100 application forms available and online links to over 55 lenders.

Dashboard’s Joint Managing Directors, David Aylmer and David Jones, have signed long term contracts to remain as the Joint Managing Directors of the Dashboard.

Trigold CEO Bill Safran highlighted the acquisition as another step from Trigold in support of the intermediary market. “Trigold has always recognised the job that a sourcing and trading system should do in helping companies bring their proposition to the market. Technology will continue to play a crucial and growing role in the market and we’re delighted to be able to broaden the products and services that Trigold can offer. The addition of Dashboard means that we can provide existing and new clients with a complete, end-to-end solution from one source. This is a major improvement over the current market situation of cobbled together solutions from multiple suppliers, linking together disjointed systems.

David Aylmer joint managing director of Dashboard said: “We’re delighted to now be a part of the leading sourcing and trading provider in the market. Trigold already has very strong links with the numerous sectors of the market for sourcing, trading and compliance. Dashboard is a business process and customer management and retention system, which allow firms to conduct business efficiently in a market where customer service is key. The integration of Dashboard and Trigold will introduce a new level of practicality and convenience to manage workflow and submit applications to lenders.

Anna Bennett, Head of Marketing at commercial mortgage lender InterBay said: “InterBay works with both Trigold and Dashboard, and this acquisition is great news which will be warmly welcomed by the market. Both firms have demonstrated a real understanding of the practical benefits that technology can bring and are keen to establish genuine partnerships. It’s a credit to the sophistication of the systems that they are equally at home in the office of a broker, lender, network or packager.”

Michael Schaefer, Operations & IT Director at Chase De Vere Mortgage Management: “It's great news for the brokerage industry as well as this appears to part of a trend towards combining solutions for brokers into an integrated package. With the front and back office systems now finally integrated it should help push forward the next step, which is to transact with ALL lenders using common electronic standards and a single user sign-on. Both Dashboard and Trigold were already well placed to push this initiative forward and this merger can only help to make it happen sooner - and that's good news for all of us.