QED Risk Services, provider of QED CompliFast, has been working within the mortgage & finance industry ever since the introduction of NCCP, and is now firmly established as the expert in Australian Credit Licensing and NCCP Compliance.
We have helped nearly 500 ACL holders to gain their Licenses with ASIC, and have never received a rejection from ASIC*. We currently have nearly 800 Licensees using our ongoing compliance solutions to maintain their compliance and, with this number ever-increasing, we are the undisputed number one compliance provider to the Australian mortgage broking community.
In 2010, QED rolled out QED Credit Services (ACL 387856) as an alternative way for brokers to become credit representatives without being tied to a particular lender panel or aggregator. QED Credit Services was rebranded as Pursuit Broker Services in 2017, still being the only company that offers this solution to brokers.
In 2011, QED rolled out its online QED CompliFast solution, the only true compliance system that is aimed primarily at the mortgage broker sector. This unique system gives mortgage brokers access to best-in-class compliance monitoring and documentation at a price of a half to a third of the average broker PI premium.
2013 saw QED move its unique, online compliance monitoring platform, QED CompliFast into the large Licensee arena with aggregators taking up the QED CompliFastReps product in direct response to the release of ASIC Report 330.
QED has proudly been represented on the judging panel for the MFAA Awards for 2 years running, has run many free webinars for the MFAA and Aggregators on compliance matters and provided countless hours of free consulting time to brokers in need of NCCP-related information.
For larger brokerage businesses that have more unique needs beyond the QED CompliFast scope, QED offers our face-to-face service. One of our compliance professionals will attend the offices of the Licensee every three months to assess their state of compliance against a custom-made testing programme. Like QED CompliFast, this service results in comprehensive reporting on the business's current state of compliance and details what they need to do to return to a state of full compliance.
Call us today on 1300 817 662 to discuss how we may help you.
*On occasion, ASIC tells us things about an Applicant that the Applicant didn't tell us themselves. In these cases, we may have to withdraw the application.