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Major Financial Services Company Turns Around Its Fortunes With Automated Loan Processing Solution

Overview As the nation's third largest service provider of nonprime residential mortgages, Large Financial Services Company makes its money by expeditiously handling loan payments to transform them into performing assets for the financial institutions that own the mortgages. The company wanted to provide greater manageability of external data sources, eliminate data entry errors and speed loan servicing for payoffs, bankruptcies and liquidations. The financial services company sought a flexible, Service Oriented Architecture (SOA) because it wanted to leverage back-end systems, automate repeatable tasks to reduce errors and process transactions in real time. The solution was an automated loan payment processing system built upon IBM WebSphere middleware platform.

Further White Paper Details
Publisher	IBM	File Format	PDF
Date Published	March 2007
Format	Case Studies
Topics	Middleware, Web Services, Service-Oriented Architecture

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