Lendi Group has unveiled Oracle, a new smart platform tool that promises to save Aussie and Lendi brokers one full day each month – or around 9,000 days per year across the network.
The tool automates the time-consuming task of completing lender calculators during mortgage applications, allowing brokers to generate pre-filled servicing calculators in just three seconds.
Oracle builds on the servicing Sandbox launched earlier this year, which streamlines lending conversations by instantly generating lender-specific results and modelling scenarios – now extending its functionality and efficiency.
With Oracle, brokers can export lender calculators directly from their Sandbox scenario tool without re-keying customer data. According to Lendi Group, the benefits include:
Oracle works in just a few clicks: brokers open a customer’s saved scenario, select “export to Oracle,” and download multiple lender calculators pre-filled with applicant income, expenses, and property details – all at once.
Aussie mobile broker Whitlam Malkoun praised the new product.
“Oracle is an absolute game-changer,” Malkoun said. “Like all brokers, previously I would spend about 15 minutes per application on lender calculator entry – let alone follow ups. In some instances, we would run two or three different lender calcs.
“With Oracle, I spend about three minutes in total, and it returns calcs for the majority of the lenders on our panel, live, as I key in the data required. Twenty-six-plus lenders inside three minutes. What else can I say?”
Launched during Lendi Group’s recent virtual broker forum, Oracle is already integrated with many major lenders including Westpac, Macquarie, HSBC, Bankwest, Commonwealth Bank, Aussie Select, Aussie Elevate, St George, Bank of Melbourne, and BankSA, with more expected to join.
Travis Tyler (pictured), Lendi Group’s chief product officer, said Oracle was built to directly address broker pain points.
“We built Sandbox hand-in-hand with brokers to empower them to work smarter, build trust faster and guide customers towards the right solution with more confidence,” Tyler said.
“Oracle is a natural extension of this and takes away a massive pain point for brokers while putting more time back in their calendars so they can focus on writing more deals. This is about technology doing the heavy lifting, so brokers can focus on people.”
Oracle follows a string of updates to Lendi Group’s platform, including new functionality to automatically capture key data points from scanned documents such as pay slips.
“With this update, our brokers are already capturing more than 10,000 pay slips a week, saving our brokers time extracting information, improving accuracy and providing a seamless experience for customers,” Tyler said.
The launch also comes as Lendi Group sets a target to become a fully AI-native business by June 2026, with CEO David Hyman telling staff the move will “break away from the pack.” Hyman said that by 2026 “agentic AI will be the default in every workflow, decision and experience.”
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