teclet, which is owned by OnTheMarket, has integrated with the Tenancy Deposit Scheme’s (TDS) API.

The TDS API is designed with a view to simplifying the transfer of tenancy deposit data from a CRM database onto the deposit scheme platform by automating this process.

The teclet automated portal supports letting agents in streamlining their operations and is both a pre-tenancy and property management solution which also encompasses end of tenancy deposit management, distribution of funds to the various parties involved, and debiting from the tenancy deposit

TDS chief executive Steve Harriott commented: “We understand how tiresome it can be for letting agents to duplicate administration data at the start of a tenancy. Through the development of TDS API, our tech team has ensured that the registration process is as streamlined as possible, to give agents and landlords an optimum start to their tenancies. Our goal is to continue to make tenancy deposit protection as fast, secure and compliant as possible.”

The TDS API is a feature that is available to all TDS agent members in both the Custodial and Insured schemes, as well as clients of teclet.

teclet chief executive, Alan Blockley, said: “This is another example of how productivity and compliance can be improved to everyone’s benefit with huge reductions in time by not duplicating data entry.”