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Market Intelligence to test new software. (Technology: Update).


Market Intelligence, Inc., a division of Fidelity National Information Solutions (FNIS FNIS Fidelity National Information Services (Jacksonville, FL)
FNIS Fidelity National Information Solutions (Santa Ana, CA) 
), announced plans to begin testing new software which will connect it to a la mode's Mercury Network.

The Mercury Network eliminates the need for real estate appraisers to own several different programs simply to send appraisal reports to all of the mortgage lending and appraisal management companies they serve.

Custom software "plug-in" products, such as the Mercury plug-in being tested by Market Intelligence, allow Mercury Network Members in the lender community to leverage a la mode's superior coverage, technology, and reputation with appraisers to enhance Market Intelligence's trading partner relationships.

During the pilot, Market Intelligence will test a custom plug-in for Mercury that enables their appraiser A person selected or appointed by a competent authority or an interested party to evaluate the financial worth of property.

Appraisers are frequently appointed in probate and condemnation proceedings and are also used by banks and real estate concerns to determine the market
 trading partners to use their favorite form filling software, regardless of its brand. Contents of the compressed data container delivered to Market Intelligence will include the PDF (Portable Document Format) The de facto standard for document publishing from Adobe. On the Web, there are countless brochures, data sheets, white papers and technical manuals in the PDF format.  appraisal report and the MISMO-compliant XML XML
 in full Extensible Markup Language.

Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations.
 tracking data. Workflow and review rules designed by Market Intelligence will pre-process the report.

"This initiative is in keeping with Market Intelligence's on-going delivery of quality service to its clients, said Dave Harrison, strategic planning manager with Market Intelligence.

"With the Mercury Network, appraisers get to use industry-standard PDF files and we connect with a la mode's WinTOTAL software users, which account for over 50% of the industry."

The Mercury Network is an open architecture platform, based on Extensible Markup Language See XML.

(language, text) Extensible Markup Language - (XML) An initiative from the W3C defining an "extremely simple" dialect of SGML suitable for use on the World-Wide Web.

http://w3.org/XML/.
 (XML) standards established by the Mortgage Industry Standards Maintenance Organization (MISMO MISMO Mortgage Industry Standards Maintenance Organization
MISMO Maintenance Interservice Support Management Office
). a la mode customers - real estate appraisers - subscribe to the Mercury Network to safely connect electronically to more clients while using the report form filling software of their choice.
COPYRIGHT 2002 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Nov 20, 2002
Words:271
Previous Article:New Boston to use Metropole marketing tools. (Technology: Update).(Brief Article)
Next Article:Fidelity to acquire Eastern Financial Systems Inc. (Technology: Update).(Fidelity National Information Solutions Inc.)(Brief Article)
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