The StoneHill Group Selects iDatix(R) Corporation's iSynergy

The StoneHill Group Selects iDatix(R) Corpora

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The StoneHill Group Selects iDatix(R) Corporation's iSynergy

iDatix(R) Corporation, a premier provider of business process automation solutions for the mortgage industry, announced that The StoneHill Group, Inc. (TSG) has selected its iSynergy(R) Mortgage solution. Atlanta-based TSG, a leading nationwide provider of mortgage outsourcing and staffing services, chose iSynergy after an extensive evaluation of document management products for its mortgage operations.

iSynergy Mortgage provides TSG with a secure web-based system that is used to scan, index, route, process and access its clients' mortgage loan files, staffing/human resource data, correspondence and other vital records. TSG's associates can instantly access mortgage applications, appraisals, credit scoring, notes and insurance documents from either headquarters or remote branches. TSG also provides its outsourcing clients with immediate access to the same documents.

According to David W. Green, President of The StoneHill Group, "Due to our rapid volume increase over the past two years and our projected continued expansion, we knew it was critical to our clients to continuously improve the quality and efficiency of our outsourcing and audit operations. No other firm provided the complete end-to-end solution and advantages that iDatix offers through iSynergy(R) Mortgage."

"We are very pleased to have The StoneHill Group onboard -- not just as a customer, but as a partner in offering our iSynergy solution to others in the industry," said Steve Allen, iDatix CEO. "We are confident that this will help both companies to focus on the ultimate need to quickly deliver process improvements to the mortgage banking community."

iSynergy Mortgage is the industry's leading solution tailored specifically for this segment of the financial services market. TSG adds to the growing list of mortgage bankers who are finding that iDatix technology enables them to dramatically improve the cost-effectiveness of their services and reduce the amount of time needed to complete transactions. As an active member of the Mortgage Bankers Association and its MISMO workgroup, iDatix focuses on delivering innovative solutions targeted to the industry's success.

About iDatix:

iDatix Corporation (http://www.idatix.com/ ), privately held and based in the Tampa Bay area, develops and installs business process automation solutions providing dramatic and measurable results. The company's flagship product suite, iSynergy, has been specifically designed to leverage unique technology components to automate the collection, processing, storage, and retrieval of both paper and electronic documents: an end-to-end solution truly unmatched in the industry. Recent implementations of iSynergy Mortgage include Market Street Mortgage, NetBank/RBMG, and TransLand Financial.

About The StoneHill Group:

The StoneHill Group (http://www.stonehillgroup.com/ ) is a privately held, nationwide provider of mortgage outsourcing services and staffing solutions headquartered in Atlanta. Established in 1998, the company provides complete outsourcing services to mortgage clients for quality control audits, fraud review, due diligence services, servicing audits, underwriting, loan processing, and various staffing solutions. The StoneHill Group may be reached at (770) 399-1936.

Source: 09/07/2004 MMag 409_030
Company: The StoneHill Group
Contact: Marci Williamson , pr@idatix.com , Phone: 727-441-8228

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