Knowledge Bank has launched its application programming interface (API).

The API will allow lenders, networks, mortgage clubs, distributors and brokers to connect to Knowledge Bank and draw on its criteria data.

Te data can then be used by their own systems with their own branding, integrating some or all of Knowledge Bank’s criteria functionality into their own offering.

It will also integrate with brokers’ CRM systems, saving evidence of research directly into a broker’s system against a specific client’s file. Knowledge Bank is also working with several back-office systems to develop a “seamless” integration for their advisers.

The API will also enable lenders, networks and packagers to keep their own systems up-to-date, with a feed directly from Knowledge Bank – eliminating the need for criteria to be held on manually updated spreadsheets.

Nicola Firth, CEO of Knowledge Bank, said: “Lenders, some networks and clubs have been crying out for Knowledge Bank to launch an API so that they can integrate Knowledge Bank into their own systems and white label it if they choose to.

“There have been a number of stories recently, that a lack of integration between the systems and tools that brokers need to do their jobs is holding them back. This can mean they have to use many different pieces of software, sometimes entering the same information multiple times.

“Knowledge Bank’s API will help to minimise this issue, making it simpler for them to search for criteria, while also giving the lender or network more access to the data that Knowledge Bank holds.”