WEST PALM BEACH, Fla., Jul 31, 2020 (SEND2PRESS NEWSWIRE) — OpenClose®, the industry-leading mortgage fintech supplier and omni-channel loan origination system (LOS), declared that it incorporated Access Business Technologies’ (ABT) MortgageExchange port solution, a protected cloud-based environment that allows multiple applications and platforms to share information between disparate systems. Currently, OpenClose and ABT have the ability to conduct business with much more financing entities.
ABT’s MortgageExchange extracts mortgage loan info fields and correctly puts all data in the linking fields within other programs (using various APIs when accessible ). Each integration is personalized involving OpenClose and ABT to model the client’s company workflow, that eliminates data entered , prevents mistakes, and saves time.
“Teaming with ABT enables our mutual customers to immediately access and share true information with different applications programs both inside and beyond their mortgage business,” states Vince Furey, CRO in OpenClose. “ABT’s MortgageExchange allows two-way information stream where pertinent information is passed out of our LenderAssist LOS to the target stage and by the target stage back into the LOS. This capacity offers time savings and enhanced precision by populating customer information straight from a method of document. This brand new integration further affirms your fact that OpenClose is the very best approach to give from open to close.”
Organizations Implementing ABT’s MortgageExchange alternative do not need additional servers, applications, coding, or upkeep. ABT assembles fully operational interfaces with custom-configurations that follow the customers’ business processes. Engagements for MortgageExchange have been finished, analyzed, and in manufacturing in 90 days. OpenClose’s RESTful API Suite allowed ABT to economically connect to its LenderAssist™ LOS and facilitate the secure transport of information between complex workflows that creditors leverage daily. Consequently, it’s easy for customers utilizing ABT’s MortgageExchange to link into this OpenClose LOS and any other applications platform utilizing modern APIs.
“Partnering with OpenClose unlocks a good deal of doors for financing entities which use the MortgageExchange port,” explained Justin Kirsch CEO. “In ABT, what we design and construct lives in the our teams handle all upkeep and maintenance, alerting lenders from worry or concern about any extra time and cost necessary to keep applications and the linking ports. We firmly believe that time is money, and our customers invest time saved constructing a more profitable operation.”
Lenders utilizing the OpenClose and ABT integration get a report from MortgageExchange which offers full transparency revealing exactly what transpired with the information, identifying any difficulties with the loan data before it’s delivered to the target program platform, ensuring information accuracy.
Launched in 1999 and headquartered in West Palm Beach, Florida, OpenClose® is a top enterprise-class, multi-channel loan origination system (LOS), POS electronic mortgage and Fintech supplier that cost effectively produces its electronic platform onto a software-as-a-service (SaaS) foundation. The business provides many different advanced, 100 percent web-based options for creditors, banks, credit unions, and conduit aggregators. OpenClose’s core solution, LenderAssist™, is comprehensive loan origination software that’s totally engineered by OpenClose utilizing exactly the exact same code base from the bottom up.
The provider supplies a RESTful API package that standardizes system-to-system integrations, which makes them simpler to develop, faster to implement and more cost effective. OpenClose provides financing associations with complete control of their information and generates a really easy workflow for total automation and compliance adherence. To learn more, see https://www.openclose.com/ or telephone (561) 655-6418.
Access Business Technologies (ABT) was created in 1999 by mortgage technology specialists who provided the initial Infrastructure for a Service “SaaS” products made particularly for the mortgage industry. Together with cybersecurity being a important issue for financial businesses, safety is at the crux of each product and support supplied by ABT. ABT delivers business grade technologies and solutions to mortgage businesses, banks, and credit unions. Our close partnerships with Microsoft, Mortgage Cadence, Ellie Mae, Calyx Software, OpenClose, Jack Henry, Finastra and Fiserv supply us with the exceptional capability to economically deploy mortgage unique technology to your company irrespective of size or yearly loan volume. ABT is the sole Microsoft Cloud Solutions Provider “CSP” devoted to serving only those firms who arise mortgages. See ABT’s site for further information https://www.myabt.com/.
Profundity Communications, Inc.
Social Media: @OpenClose_LOS @Mortgage_Cloud #OpenClose #AccessBusinessTechnologies #LoanOriginationSoftware #FintechLOS #MortgageIntegrations #MortgageExchange
Information Resource: OpenClose
Related link: https://www.openclose.com/
This media release was issued on behalf of this information source, who’s solely responsible for the precision, by Send2Press Newswire. To Look at the initial story, see: https://www.send2press.com/wire/openclose-integration-with-access-business-technologies-provides-faster-exchange-of-loan-data-between-los-and-third-party-systems/