06 August 2020

La Trobe Financial partners with Valocity to streamline commercial property valuations
La Trobe Financial announced today that it will partner with property valuation platform provider Valocity to streamline its commercial property valuation process.

The partnership will enable La Trobe Financial to digitise and automate its commercial lending and property valuation process, further streamlining this procedure for its business partners.

As part of an ongoing innovation program at La Trobe Financial, the team identified the need for a centralised Commercial Valuations Platform to support workflow and process efficiencies, particularly when staff are working remotely.

La Trobe Financial Chief Lending Officer Cory Bannister said, “We’re delighted to partner with Valocity to accelerate and improve the commercial property valuation experience for brokers and their clients. We’re constantly innovating to provide the best and most secure solutions with the most efficient service delivery to further enhance our award-winning commercial loan program. Valocity will help us deliver a faster, more seamless customer experience now and into the future.”

La Trobe Financial will be Valocity’s first lender in Australia to access the custom-built Commercial Property Valuation Platform. The Valocity Commercial Platform automates workflow functionality with bank grade data security protocols and enables ongoing collaborative innovation to transform the commercial valuation journey.

Valocity Founder and Global CEO Carmen Vicelich said, “We’re delighted to provide leading diversified wealth manager La Trobe Financial with a digital solution that will enable them to further streamline their operations and deliver a better seamless customer experience.”

About La Trobe Financial

Established m 1952 and with $12 billion of Assets Under Management, La Trobe Financial is one of Australia’s lead mg diversified wealth managers, specialising in funding and investment solutions. La Trobe Financial has been a proven and trusted investment partner for institutional and retail investors, operating Australia’s largest retail Credit Fund with $5 billion in assets under management and 50,000 retail investors. It is 80% owned by Blackstone, one of the world’s leading investment firms with more than US$649 billion of assets under management worldwide.

La Trobe Financial is regulated by the Australian Securities & Investments Commission and holds all requisite regulatory AFSL and ACL licences.

For further details please visit our website www.latrobefinancial.com.