Case Shiller Weiss and Economy.com Form Alliance To Produce Enhanced Home Price Forecasting Technology.Business Editors CAMBRIDGE, Mass. & WEST CHESTER West Chester, borough (1990 pop. 18,041), seat of Chester co., SE Pa., W of Philadelphia; inc. 1799. Primarily residential, West Chester was long the trade and processing center for an agricultural region that is now mainly suburbs. , Penn.--(BUSINESS WIRE)--Oct. 21, 2003 Case Shiller Weiss (CSW CSW Commission on the Status of Women CSW Christian Solidarity Worldwide CSW Clinical Social Worker CSW College of the Southwest (New Mexico) CSW Cambridge SoundWorks (audio manufacturer) ), a unit of Fiserv, Inc. (Nasdaq:FISV FISV Fiserv, Inc (stock symbol) ), and Economy.com today announced that they have formed a strategic alliance to combine their respective economics and forecasting expertise to create enhanced home price forecasting technology. The new technology, products and services developed through the collaboration will have as their foundation The REdex(R) Library, CSW's existing suite of home price indexes and forecasts for real estate markets throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Both CSW and Economy.com will license the new home price forecast products created through this alliance, along with all other elements of The REdex Library, to authorized third parties. "It was natural for us to partner with CSW," said Mark Zandi, Chief Economist The Chief Economist is a single position job class having primary responsibility for the development, coordination, and production of economic and financial analysis. It is distinguished from the other economist positions by the broader scope of responsibility encompassing the of Economy.com. "We share similar research- and solution-driven cultures, and we both recognize the critical importance to real estate market stakeholders of accurately measuring and anticipating home price changes. Both CSW and Economy.com have very high quality standards, and have unique skill at extracting valuable information and insight from underlying data that is often raw, incomplete and noisy. I am excited by this partnership, and look forward to doing our part in helping our customers better manage home price risk, a challenge that I believe Economy.com and CSW are uniquely well-qualified to meet, particularly in these times of economic uncertainty." "We look forward to working with the Economy.com team on this exciting project, and helping each other to deliver the most authoritative and comprehensive real estate risk management tools to the market," said David Stiff, Senior Economist at CSW. The home price forecasting technology produced from the collaboration will also be available to CSW to fuel its automated valuation and collateral scoring engine, CASA Ca´sa n. 1. A house or mansion. I saw that Enriquez had made no attempt to modernize the old casa, and that even the garden was left in its lawless native luxuriance. - Bret Harte. (R). "Our company has always believed that the future of automated property valuation and collateral scoring will demand that the best available property-level information and predictive real estate market intelligence be brought to bear," said Howard Brick, Vice President of Business Development at CSW. "Through this strategic alliance with Economy.com, CSW can leverage and optimize the companies' highly complementary expertise, and in so doing, enhance our unique position to empower mortgage investors and servicers who develop next-generation collateral assessment and decisioning logic." CSW is part of the Fiserv Lending Systems & Services Group, which is focused on providing the end-to-end technology, process outsourcing, and consulting resources that financial institutions need to produce and process automotive loans and leases, home equity lines, and mortgage loans. Fiserv lending systems and solutions are designed to streamline processes, better manage customer relationships and increase profitability. Fiserv, Inc. provides industry leading information management systems and services to the financial industry, including transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. , outsourcing, business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in and software and systems solutions. The company serves more than 14,000 clients worldwide, including banks, broker-dealers, credit unions, financial planners/investment advisers, insurance companies and agents, self-insured employers, lenders and savings institutions. Headquartered in Brookfield, Wisconsin
Brookfield is a city in Waukesha County, Wisconsin, United States. The population was 38,649 at the 2000 census, but the city's population recently exceeded 40,000 people. , Fiserv reported $2.3 billion in processing and services revenues for 2002. Fiserv can be found on the Internet at www.fiserv.com. Economy.com, Inc. is a leading independent provider of economic, financial, country, and industry research designed to meet the diverse planning and information needs of businesses, governments, and professional investors worldwide. Economy.com has over 500 clients in 50 countries, including the largest commercial and investment banks The following is a list of investment banks Financial conglomerates Large financial-services conglomerates combine commercial banking and investment banking, and sometimes insurance. ; insurance companies; financial services firms; mutual funds; governments at all levels; manufacturers; utilities; and industrial and technology clients. Economy.com was founded in 1990 and is headquartered in West Chester, Pennsylvania The Borough of West Chester is the county seat of Chester County, Pennsylvania.GR6 Philadelphia is 25 miles to the east and Wilmington 17 miles to the south. , a suburb of Philadelphia. The company also has an office in London. |
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