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TransLand Financial Services Streamlines Mortgage Processes

iDatix(R) Corporation, a leading provider of business process automation solutions for the paperless enterprise, announced today that TransLand Financial Services has fully implemented iSynergy Mortgage, its fully integrated product suite for the mortgage industry. TransLand has embraced the fully integrated document management solution and has enjoyed the resulting significant cost savings and customer service improvements.


According to Jim Weld, TransLand's Vice President of Information Management, "This technology allows us to truly streamline our mortgage processes. We have become much more efficient in delivering a loan to an investor."


iDatix configured its technology for TransLand and tailored its Mortgage suite to the financial services firm's requirements. "TransLand has leveraged our solution for real-time, web-based document retrieval. Loan documents scanned to a central computer repository are available to employees on-line, anytime, and with exceptional speed," related Steve Allen, Chairman of iDatix.


The industry orientation of iSynergy Mortgage is most evident in its detailed attention to the core business processes that drive success for TransLand, such as enabling concurrent access to mortgage files. "Instead of waiting for a loan file to be passed from desk to desk, employees can now look everything up immediately. Imaged documents speed up workflow so that employees can do their jobs faster with greater accuracy," says Weld.


iSynergy Mortgage is the industry's leading solution tailored specifically for this segment of the financial services market. TransLand 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, 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, workflow-enabled solution truly unmatched in the industry. Recent implementations of iSynergy Mortgage include Market Street Mortgage, NetBank/RBMG and Mortgage Investors Corporation.


About TransLand:


TransLand Financial Services, Inc. is a privately held, full service mortgage lender headquartered in Maitland, Florida. Established in 1996, the company serves brokers, builders and financial institutions in the Construction Perm, Government, and Manufactured Housing mortgage markets. TransLand offers a wide range of mortgage programs, products, and services and is committed to helping people achieve their housing dreams.



Source: 10/13/2004 MMag 410_013
Company: iDatix Corporation
Contact: Marci Williamson , jrisi@webershandwick.com , Phone: 727-441-8228


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