ASC Unveils PowerLender Phase II at 2003 MBA Technology in Mortgage Banking Conference Expo.Business Editors 2003 MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration Technology in Mortgage Banking Conference Expo ORLANDO, Fla.--(BUSINESS WIRE)--March 10, 2003 New Upgrade Offers Increased Flexibility Through Java Data Base Connectivity and Operating System operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. Independence Associated Software Consultants, Inc. (ASC ASC Ambulatory surgery center, see there ), a provider of loan automation software to the mortgage industry, announced today the release of PowerLender(R) Phase II, the latest version of the company's loan origination The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and processing system (LOS) at the 2003 MBA Technology in Mortgage Banking Conference Expo. PowerLender Phase II is groundbreaking for its use of Java Data Base Connectivity (JDBC (Java DataBase Connectivity) A programming interface that lets Java applications access a database via the SQL language. Since Java interpreters (Java Virtual Machines) are available for all major client platforms, this allows a platform-independent database ), a widely supported standard application, which gives users increased flexibility over PowerLender database options. "PowerLender Phase II is a natural progression from Phase I," said John Liston, senior PowerLender developer for ASC. "We have merged a system with re-engineered setup routines, a customizable GUI (Graphical User Interface) A graphics-based user interface that incorporates movable windows, icons and a mouse. The ability to resize application windows and change style and size of fonts are the significant advantages of a GUI vs. a character-based interface. screen builder and offline processing mode with Java Data Base Connectivity, making it an effective tool to help loan originators be more efficient and cost-effective." The system allows users to choose any of the popular database programs commonly used, including Oracle, MS SQL Server See Microsoft SQL Server. or My SQL SQL in full Structured Query Language. Computer programming language used for retrieving records or parts of records in databases and performing various calculations before displaying the results. . As a result, users are no longer tied to the particular database chosen by the software developers and can pick the one that best fits their unique needs. By allowing a choice of database and supporting software, the integration of PowerLender with other computer systems is an easier task. Another advantage of PowerLender Phase II is that it is "operating system neutral," meaning that it is compatible with any operating system that runs Java programs. Lenders can eliminate their dependence on Microsoft(R) Windows, something that will be more valuable as other operating systems, such as Linux(R) become more competitive, and dilute the dominant position of Windows on the PC market. "PowerLender Phase II is designed to make users more competitive through more flexible software by offering them more choice in what operating system and database software they are interested in using," added Liston. "This is all too rare, but is also increasingly necessary in competitive fields where technology plays a growing role." About ASC Associated Software Consultants, Inc. (ASC) designs and markets loan automation software for use by mortgage banks, commercial banks, community banks and credit unions. ASC's business strategy focuses on providing software and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services that enable lenders to improve the volume and quality of their business, streamline workflow and reduce processing costs. The company's lending solutions enhance secondary marketing operations, improve overall profitability and better serve borrowers, investors, real estate brokers, third-party service providers and other constituents. For additional information about ASC, visit the company's Web site at www.asconline.com. |
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