Gallagher Financial Systems and IntraPrise Solutions, Inc. Form Mutual Alliance.Companies use Merit Matrix Connect data to transfer business rules BRENTWOOD, Tenn. -- Gallagher Financial Systems, Inc. (GFS See Google File System. GFS - Grandfather, Father, Son ), a leader in enterprise 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. System technology, and IntraPrise Solutions, Inc. (ISI ISI International Sensitivity Index, see there ), a premier software solutions managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality and software products provider, have formed an alliance to use Merit Matrix Connect (MMC See MultiMediaCard and Microsoft Management Console. ) to create a unique tightly integrated interface. Merit Matrix, a loan product eligibility information outsourcing service, is ISI's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. . MMC integrates the investor lending guide information compiled by Merit Matrix with the workflow/pipeline management technology of GFS to offer a fully automated system to their mutual customers. GFS has developed a process to import the product eligibility business rule data from Merit Matrix's search engine directly into their NetOxygen business rule designer. The resulting product eligibility rules eligibility rules, n.pl the conditions that define who may be entitled to dental benefits, when persons first become entitled to such benefits, and any provisions that determine how long an individual remains entitled to benefits. are made available directly to the customer's .NET NetOxygen lending platform. This eliminates the need for customers to manually enter their lending guide into a machine-readable format within a rules engine. As new rules are added, the existing ones remain valid because the integrated system has been engineered to accommodate multiple versions of business rules. "The rules are automatically updated by the system," explained Don Hubert, vice president of External Services at GFS. "Not only does this solve the problem of having out of date rules due to the inability to keep up the maintenance, but it also allows rules to be changed as of a specific date. This gives lenders the ability to have loans in the pipeline that are always qualified against the correct set of business rules." The new system significantly enhances efficiency, and it adapts to individual business models. GFS plans to offer this interface as part of its base product to new customers, and GFS will work with their existing customers who may be interested in converting their product eligibility rules to use this interface. The first company to take advantage of the new technology is planning to deploy in a production environment some time in the first quarter of 2007. "With this product, companies get to combine two technologies that have been very successful in their respective areas," said Frank Poiesz, executive vice president at ISI. "They are able to use Merit's premier eligibility search engine and combine it with GFS' best in class Loan Origination System. This is a win-win solution." About IntraPrise Solutions and Merit Matrix IntraPrise Solutions, Inc. provides software solutions, managed services and software products for the financial services 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. industry. The company, headquartered in Newtown, Pa., offers a range of services that support fully automated, Web-based performance of mission critical tasks and proactive process management, on a hosted or licensed basis. ISI's flagship product, Merit Matrix, is a loan product eligibility information outsourcing service that is delivered using an easy to learn, simple to use loan product search engine. The Merit Matrix team of mortgage professionals has been maintaining product information for the mortgage banking industry for more than 13 years. Using an innovative Web-based interface, Merit Matrix customers are provided Internet access See how to access the Internet. to their loan product data on a 24/7 basis. Detailed on-line product searches match loan programs with borrower criteria. The Merit Matrix database already maintains more than 120 investors and over 6,000 separate products - it can also be customized to include company-specific investor relationships. For more information about ISI or Merit Matrix please visit www.intraprisesolutions.com or call Karen or Rick Redman Rick Redman (born March 7, 1943) is a retired American Football linebacker. Professional career Redman played Pro Football for nine seasons in the American Football League and in the National Football League with the San Diego Chargers from 1965 to 1973. at (267) 352-0000. About Gallagher Financial Systems Founded in 1985, Gallagher Financial Systems is one of the nation's largest residential loan origination systems providers. Headquartered in South Miami South Miami, city (1990 pop. 10,404), Dade co., SE Fla., a suburb of Miami; settled 1899, inc. 1926. It is a commercial and retail center for neighboring Coral Gables. , Fla., with its national operations center The facility or location on an installation, base, or facility used by the commander to command, control, and coordinate all crisis activities. See also base defense operations center; command center. in Brentwood, Tenn., GFS has more than 150 professionals located throughout the U. S. and abroad. The company provides flexible, scalable, Web services-based loan origination and decisioning solutions for both the mortgage and consumer lending industries. Its product suite includes Gallagher NetOxygen, a Web-based Enterprise Lending Platform (for Internet-enabled technology needs), Enterprise Manager and NetOxygen Studio. For more information about Gallagher or its products visit www.gogallagher.com. |
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