Pitch Black Technology Limited has joined the Bridging & Development Lenders Association (BDLA) as an associate member.
The company develops software for finance firms, brokers and lenders, with products spanning enquiry management, lender sourcing, communication tools and white-labelled customer portals. Its sourcing system draws on a product database covering more than 200 UK lenders.
The BDLA is the UK's only trade association dedicated to representing the interests of bridging and development lenders and their customers. Its membership includes lenders and associate firms from across the sector: funders, legal firms, valuers, technology providers and other professional services businesses.
Adam Tyler, chief executive of the BDLA, said the new member's focus aligned with areas where technology could have a direct operational effect.
"Pitch Black Technology is a valuable addition to the BDLA's Associate Membership," said Adam Tyler, chief executive of the BDLA (pictured).
"Its work covers several points where clear information can have a direct effect on speed and service, from the first enquiry and lender sourcing through to communication between brokers, lenders and borrowers. They are also helping us to build our own CRM system at the BDLA.
"Good technology should always be developed by people who understand the market and support the judgement and relationships that matter in specialist finance. We look forward to Pitch Black's input as we consider how systems can help the market work more clearly and efficiently."
Miranda Khadr, founder of Pitch Black Technology, said membership would give the firm closer access to firms active in bridging and development finance.
"At Pitch Black Technology, we build software around the everyday needs of finance businesses and the people they serve," said Miranda Khadr, founder of Pitch Black Technology. "Joining the BDLA will give us closer contact with firms operating across bridging and development finance and a better understanding of the issues they want technology to address.
"Our aim is to reduce avoidable administration and make it easier for brokers, lenders and borrowers to exchange information, without losing the human contact that remains vital in specialist finance. We look forward to playing an active part in the Association."
