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ETSOS Round-up

20th August 2013

A quick wander around the aisles of our ‘search supermarket’ and you’ll spot a few new searches and reports that fall very clearly into the hazard/risk management category. Both HS2 and fracking have generated a fair few headlines in recent months, and obviously conveyancers need to be fully au fait with the implications of both. That’s why we’ve now added new energy and infrastructure reports from leading providers Landmark and GroundSure.

In a similar vein, we’re also looking to ease the burden for sellers’ solicitors in respect of the updated Property Information Form (TA6). The form now asks sellers to provide more detailed, specific information on flooding, and it may be advisable for their solicitors to look to flood risk reports to assist in the process. To help, we’ve pulled together a broad range of compliant risk reports from the main providers, including GroundSure, Landmark and Argyll, with our customary fast turnaround and competitive pricing.

The recent integration of ETSOS into Cognito’s FiLOS Case Management software has been another welcome development, marking as it does, the coming together of two suppliers with a common philosophy – to deliver a ‘one-stop shop’ that makes our users’ lives easier. It’s clever stuff as now Cognito’s case management users can order and review the full ETSOS product range, including searches, AML reports, indemnity insurance and LawyerChecker direct from the their system. When an ETSOS event is actioned within Cognito FiLOS, matter specific information is automatically extracted from the database to populate the appropriate fields in the ETSOS web page; and with searches returned back into the case plan for review, everything’s geared up for a speedy, error-free process.

Perhaps the highlight of the last quarter has been the continuing success of the Quotation & Referral System (QRS) with news that monthly usage levels have more than trebled in the past six months. In June this year, the system exceeded 2000 purchase quotes for the first time, three times the average level recorded during the latter months of 2012.

Commenting on the latest milestone managing director Phil Natusch said: “QRS has really started to build up a head of steam in the last few months as firms have trialled it and seen for themselves just what a transformational effect automation has had on the efficiency and quality of the quotations process. Traditionally, this has always been a slow and overly manual discipline but as conveyancers have looked to sharpen up business development and customer service, they have embraced QRS as a way to stand out and secure more instructions.”

 

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