Keep Filogix Exchange. Replace the surface you work in.

On 4 August 2026, Dominion Lending Centres Group acquired Filogix from Finastra for $58.5 million in cash — Expert, Expert Plus and FXLink, the products connecting more than 8,000 brokers to roughly 350 lenders. If you last looked at Filogix as a Finastra product, that is out of date.

It matters here because DLC Group also owns Newton Connectivity, which operates Velocity. Both dominant submission rails now sit under one owner for the first time, and that owner is a broker network competing for agents with every other network in Canada.

DLC has said Filogix will run as a standalone, wholly owned subsidiary with operational independence from Newton, and there is real commercial logic behind that: a Filogix that non-DLC brokers distrust is worth less than the one DLC just bought. We take the commitment at face value and think the deal obliges nobody to move. We have written up what was announced, what it left unsaid, and the governance questions worth asking — including of us.

This comparison is narrower than it first appears, and the distinction matters more than anything else on the page. Filogix Exchange is the submission rail most of the Canadian broker market runs on. We are not proposing you leave it, and Mortgage360 syncs to it in both directions.

What is actually in question is Filogix Expert — the surface you sit in all day. That is a different decision with a much lower risk profile, because your lender connectivity is not what is moving.

Brokers frequently conflate the two and conclude that any change means abandoning Exchange. It does not, and we would rather be clear about that than let the ambiguity work in our favour.

1,047 fields sync in both directions in under five seconds. In practice that means you can edit in either system and both reflect it — you are not choosing which one holds the truth, and you are not re-keying an application.

This is the mechanism that makes the rest of the argument possible. A one-way export would force a choice between the incumbent surface and a better one; a genuine two-way sync means the incumbent rail keeps working while the surface improves.

It also means a rollback is real rather than theoretical. If a switch of daily surface does not suit your team, the data has not been stranded.

Ubiquity is a real feature. Every lender, every underwriter and effectively every Canadian broker knows Filogix, which means no explaining, no exceptions and no training cost for anyone you deal with outside your brokerage.

If your brokerage's constraint is that people already know the tool and change has a hard cost, that is a legitimate reason to stay, and no feature table overrides it.

The counter-argument is simply that familiarity is not the same as fit, and the surface you spend all day in is worth evaluating on its own terms rather than inheriting.