Solidifi Launches a Powerful and Agile Collateral Underwriti
Monday, Jun 08,2009, 12:13:30 PM Click:
"Determining accurate property valuations and ensuring compliance to lending policy is of paramount importance to our clients,"? said Jason Smith, President and CEO of Solidifi. "We have multiple clients who have implemented Solidifi Insight™ to automate appraisal review and identify collateral risk, both on a transactional and portfolio basis. Solidifi Decision™ helps our clients take absolute control, harnessing collateral risk to maximize profitability."?
Solidifi DecisionTM enables lenders and mortgage insurers to manage their entire collateral policy at an enterprise level - from underwriting to portfolio management to collections and recovery. Combining information from appraisers and other data partners, Solidifi Decision™ delivers a comprehensive range of intelligent collateral risk solutions. Lenders and insurers can:
- define and manage business rules
- dynamically manage underwriting policies
- ensure adherence to risk guidelines and compliance requirements
- maximize efficiency through workflow automation
- objectively measure appraiser compliance through Solidifi iQ™
- optimize collateral risk assessment through Solidifi Insight™
Built for turnkey implementation, using Web 2.0 technology and deployed as Software as a Service (SaaS), lenders and insurers can securely integrate Solidifi Decision™ with existing systems, while fully configuring each tool-set to their individual lending guidelines and business policies. Solidifi's digital rights management framework provides users full control and flexibility to determine data-sharing and usage rights.
"Solidifi DecisionTM will help our clients improve profitability, streamline origination, reduce upfront investment, and scale easily to comply with new regulations,"? continued Smith. "Most importantly, we will continue to deliver end-to-end technology solutions that challenge traditional methods and models to materially reduce risk for our clients."?
About Solidifi Inc.
Solidifi is a leading provider of property valuation, collateral risk management and data analytic services to the North American financial services industry. Solidifi provides customers with a flexible service platform for procuring collateral valuation, data solutions, and other real estate services from marketplace vendors and appraisers, with complete transparency and data to make "incredibly smart decisions"?. Solidifi currently serves leading global financial institutions and is located in Chicago, Toronto, Montreal and Calgary. Additional information about Solidifi is available at www.solidifi.com.
For more information or to schedule an interview with Jason Smith or Sharon Castelino, please contact:
Solidifi Inc.
Mike Kraemer, Director, Marketing & Communications, (905) 739-1212
mkraemer@solidifi.com
www.solidifi.com
Source: Solidifi Inc.
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