First FIBA regional roadshow highlights GDPR compliance
FIBA’s first regional roadshow held in North London on Thursday 12th April drew brokers from across the area to take part in the first Live Deal Room experience where brokers bring along deals that they are working on and present them to the invited lenders to make initial evaluations.
Lender sponsors, Assetz Capital, Funding 365, Octopus Property, Roma Finance and United Trust Bank via a series of roundtable discussions were able to present their proposition and then discuss specific cases brought in by brokers.
The opening presentation was on GDPR in the sales process. The talk promoted a strong Q&A session afterwards and all delegates were impressed with the much needed clarity and common sense approach to what brokers need to do to ensure compliance with GDPR by the 25th of May.
FIBA’s Executive Chairman, Adam Tyler, said,
“Our first workshop was well attended and my thanks to our sponsors, who were delighted with the cases that came into the new Live Deal Room from our attending broker delegates.
The success of this event bodes well for our next roadshows in June, where we are expecting even greater attendance as the word spreads that the FIBA regional workshops offer great value to attendees and sponsors.”
Scott Marshall, Managing Director at Roma Finance, said,
“We were delighted to be one of the sponsors at the inaugural FIBA workshop in Watford which included the Live Deal forum where brokers were able to discuss live cases with lenders. This provoked open dialogue which resulted in brokers gaining a better understanding of lenders’ requirements and lenders able to question brokers which helped structure some complex transactions. We will definitely be sponsoring more of these events.”
Damien Druce, Director at Assetz Capital, commented,
“Assetz Capital was delighted to support the first of FIBA’s Regional Workshops and in particular the Live Deal Room format. It was particularly useful for us to showcase our products and promote the benefits of peer to peer lending, to what was, a very receptive audience. We spoke to a number of intermediaries about their current ‘live deals’ from Commercial Mortgages to Buy to Let and we look forward to assisting a large number of them, hot on the heels of the event.”
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