With Source of Funds (SoF) and Share of Wealth (SoW) checks both a mandatory requirement, this partnership will allow Millar & Bryce’s legal customers to conduct faster and more effective checks that provide greater insights and reduce their risk in transactions.
Home movers are able to share data via Open Banking services to deliver the financial insight law firms require to run comprehensive anti-money laundering (AML), fraud and financial risk checks. Evidence collated via Armalytix can be used to build the rationale as to how a client can fund the transaction and provide assurance that these funds were obtained through legal and visible means.
Millar & Bryce customers will also have access to new modular features, including;
Richard Hepburn, Managing Director at Millar & Bryce, commented:
“We’re delighted to be signing this partnership agreement and working with one of the UK’s foremost companies in the provision of data for AML checks. This agreement will allow Millar & Bryce customers to enhance their AML checks and will provide them with peace of mind that they have all the information necessary to make a decision on a client and demonstrate that to the regulators.
“Our commitment to the continual improvement of our tech stack to complement the huge knowledge and experience we have within the team is now bearing fruit, and we are now seeking to further enhance that via relationships with data providers such as Armalytix.”
Tom Lyes, Head of Legal and Property at Armalytix, stated:
“Partnerships are incredibly important to us at Armalytix and we’re excited to be working with our first partner in Scotland. From speaking to Millar & Bryce’s MD, Richard Hepburn, and Director of Operations, Gary Donaldson, it’s really clear that they have a wealth of experience in the Scottish market and really know their clients’ regulatory requirements. Our partnership allows access to our market leading solution to transform the complex, manual process of Source of Funds and Wealth checks.”
We’re holding a joint webinar on Wednesday 11th October looking at the challenges faced by property lawyers when it comes to collecting and reviewing SoF information and how technology can help aid faster, more accurate risk based decisions. Click here to register for the webinar.
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Millar & Bryce are delighted to be able to announce our integration with case management specialists Denovo Business Intelligence
The integration will allow lawyers using Denovo’s CaseLoad software platform to order property searches through Millar & Bryce. All ordering, updates and report downloads sync automatically with CaseLoad, including the M&B invoice. Conveyancing teams working within CaseLoad can order core search products from Millar & Bryce, without ever leaving their case management system.
The integration has taken place as more lawyers have called for increasingly sophisticated software to help them in their everyday tasks. The integration will support conveyancing teams by saving them precious time in not having to leave their case management platform, providing the information needed to support their transaction, when they need it.
By having Millar & Bryce’s search capabilities embedded within their case management system, conveyancing teams will remove the need for information to be rekeyed, reducing errors and ensuring reports are received directly back into the relevant matter inside CaseLoad.
Millar & Bryce, as part of the wider Landmark Information Group, have worked to upgrade to the latest cloud technologies over the past three years and are now beginning to see the fruits of this investment in initiatives like this with Denovo Business Intelligence all with the aim of enabling better and faster servicing of customers through enhanced search order and production technology.
Richard Hepburn, Managing Director of Millar & Bryce said: “We’re delighted to get this integration complete and start to see the tangible benefits that we know it will bring to Denovo customers. Current case management integrations in the Scottish market tend to be simple clickable links to open the search provider’s online platform, so still requiring extra time in rekeying information and risking errors. This new integration will see Denovo customers offered an unparalleled experience as they will be able to make time and efficiency savings by ordering reports and receiving results from Millar & Bryce without leaving CaseLoad”.
Steven Hill, Operations Director at Denovo, added: “This is an exciting moment for Denovo and for our law firm clients. We now have the ability to expand our case management software capabilities by integrating with Millar & Bryce. The integration provides CaseLoad users with the ability to create property searches in minutes using existing matter data, dramatically reducing the possibility of manual input errors. One click sending, status updates returned automatically, reports being auto downloaded to the matter, and having the ability to add multiple products to single orders, reducing data input and the time taken to place orders, are just a few of the benefits law firms will inherit by using this integration. Partnering with Millar & Bryce helps to further streamline the CaseLoad user experience. We will continue to work closely to ensure our customers can accurately and efficiently process and progress orders all from one place.”
Established in 1875, Millar & Bryce has been supporting the legal profession providing title information, conveyancing searches and land reference services. Employing 100+ experienced searchers, geospatial experts and technologists, the company combines time-honoured professionalism with modern-day innovation, supporting decision makers on buying, selling, conveyancing and financing land and property transactions.
As a wholly-owned business unit within Landmark Information Group, Millar & Bryce can draw on expertise focused on the entire property process including estate agency, surveyor, lender, broker, land agency and developer services alongside property lawyers, all backed up by world class technology platforms and solutions. At the start of 2022 Landmark Scotland was launched to bring these disparate services together with a direct focus on the Scottish property market.
We’ve been developing legal case management software to help the legal industry for over 30 years. Our software is solicitor led, meaning we collaborate with solicitors to design and develop software solutions and services for law firms in the UK. We have built a cloud-based legal software platform that is dynamic, fully customisable and ever-evolving.
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Millar & Bryce are delighted to be working with our friends at Estatesearch to bring you a new webinar on identifying and understanding estate accounts.
Missed assets and liabilities are a growing issue in estate administration and astonishingly 88% of practitioners report that identification of all estate accounts is becoming more difficult with the rise of digital and online banking. The figures demonstrate there are clearly issues.
This talk will cover several key learning objectives including:
– The Missing Billions, the value and location of UK unclaimed assets
– The Dormant Asset Scheme, proposals by UK government
– The Implications for Executors and Beneficiaries
– Best Practice and Due Diligence
Join Emma Baddaley from Estatesearch on June 7th at 10.30am for this live webinar in which we will answer all your questions on understanding estate accounts.
Can’t make it on the 7th? We’ve got you covered. Simply register for the webinar as normal and a recording will be sent to you within 24 hours of the webinar’s completion.
To attend the webinar, register with your name and email address at this link.
If you have any questions or would like to speak to one of our team directly, please email email@example.com
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To celebrate Scottish Apprenticeship Week, we’d like to pay tribute to those within the Millar & Bryce family who have made a herculean effort to achieve their apprenticeships during such an extraordinary time.
Our 2020 graduates have now gained an industry recognised qualification, and we have another five apprentices set to graduate in 2021.
Richard Hepburn, Managing Director, Millar & Bryce, comments: “From a business perspective, the focused knowledge they have gained aligns us much more closely with our customers as well as demonstrating our commitment not only to the property industry, but to our employees’ professional development. We have always invested in our people, and with funding available to businesses who are willing to invest in their staff, the decision to create a brighter future for individuals and businesses becomes that much easier.”
Ellie Wilson, Administration Assistant, saw her paralegal apprenticeship as a good opportunity. “To be the first group at M&B to undertake this course was nerve-wracking, but I think it went very well and I believe this could help lead me down a possible career path. It’s also something else to put on my CV.” Claire Baxter, Personal Searcher in the Operations Team, agrees. “After reading all the information about the Apprenticeship and what I would get out of it, I couldn’t turn down such a rewarding opportunity.”
The commitment to studying alongside a full-time job was not without its challenges. Ellie said, “With the global pandemic going on and being in lockdown, it was certainly challenging not being able to physically go over to my manager or other members of staff for support (although this was still available over the phone or by message).” Claire echoes this sentiment. “Some of the course content for me is quite hard to take in due to the nature of it – Scots Law is heavy reading! I’m really interested in the course, though, and am looking forward to increasing my knowledge.”
Time management was also the biggest challenge for Sandra Stolecka, Finance Assistant, who is taking the graduate apprenticeship in accounting to become a professional accountant. Already holding a Master’s in Economics, Sandra enjoys the flexibility of being able to learn and work at the same time. “Hopefully after five years I become an accountant, and this will bring plenty of opportunities for the finance department, as I will be able to tackle more tasks which, at the moment, I am unable to do.”
It’s clear to see how the apprenticeships benefit both the employee and the business. Claire said, “I’ll be a lot more confident within my own job role, and it’ll give me the determination to try new things within the business, whether that’s learning a new role or helping on new projects.” Ellie agrees, “I think this gave me a great opportunity to learn more about conveyancing relating to M&B, and I can use this knowledge in my day-to-day role. I was provided with great resources which I can always look back on. I feel grateful to have had this opportunity. For the business, I think this has been a real success.”
The course is provided through distance learning and quarterly on-site support from Scotia Law Training. Apprentices learn the necessary skills, law and compliance rules required to work to paralegal level. Munro McCannell, Managing Director at Scotia Law, comments: “The apprentice will become a more effective, productive and motivated member of staff, and we’re delighted to have worked with Millar & Bryce these last twelve months, and share our congratulations to the most recent graduates. We look forward to supporting the next cohort on their journey in 2021.”
Darren Mossman, Snr HR Manager, comments: ‘We are very excited to support our people in their professional development. Working in collaboration with Skills Development Scotland and our training partners we have been able to increase our number of apprentices year on year and launched our first Graduate Apprenticeship programme in Accounting in late 2020. The value to the business in backing talent through apprenticeships is not only recognised with the increase in skills and knowledge but highlighted in the feedback from the apprentices themselves. We are sure our apprentices will enjoy the courses they are undertaking albeit it is challenging in the current climate. We encourage all Scottish businesses to consider apprenticeships, especially with the financial help available, the opportunity for individuals to gain an industry recognised qualification and the positive impact it has on the apprentices themselves.’
The training is part funded and until 25 March 2021, there are grants payable to employers up to £5,000, via Skills Development Scotland. Chair of Skills Development Scotland, Frank Mitchel, comments: “Additional funding for employers to recruit apprentices means sustaining vital opportunities for people to work, learn and earn, while ensuring businesses have the critical skills they need”.
If you would like more information, please email Darren.Mossman@millar-bryce.com
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The Millar & Bryce team have well established links with Social Bite and we wanted to continue to support the amazing work that they do through a Christmas fundraiser. The Festival of Kindness is something we all feel passionately about and we want to spread a little cheer by taking part in activities we enjoy to help others.
This year has been especially tough for a lot of people and we want to give more than just our regular company charity donations. We have decided to launch our 20 for 20 fundraiser where, as a team, we will cover 20 miles a day for 20 days, starting from Friday 4th December through to Thursday 24th December.
Not only will this support Social Bite, but we know that exercise will also help support our own health and wellbeing and keep us feeling good and delivering our best on these dark, cold winter days.
We hope our colleagues, customers, friends and family will help by sponsoring us and cheering us on to hit our 400 mile target so that we can raise awareness and help Social Bite achieve their target of delivering 250,000 meals to support people who need our friendship more than ever this year. Please dig deep and help us raise our fundraising target as we run, walk, cycle and swim our way to 400 miles!
To help us in our quest and if you’d like to give a donation here is the link to our fundraising page:
Thank you for your support and watch out on our LinkedIn and Twitter pages for updates!
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