Jacksonville, Florida, July 16, 2007 – Lydian Technology Group, the provider of award-winning business infrastructure and integration software, has announced that Philippe Turpault has been promoted to vice president to oversee product management and marketing for both Lydian Technology Group (LTG) and Lydian Data Services, LTG’s parent company and the provider of mortgage process outsourcing services and mortgage transaction management solutions.
In his new role as VP of Product Management and Marketing, Turpault will be responsible for defining and managing the strategic roadmap for Lydian Technology’s Mortgage Connectivity Hub, an integration software solution for mid- to large-size lenders. His additional areas of focus include managing Lydian’s market strategy, supporting Lydian’s sales team, and ensuring that Lydian continues to provide the most competitive transaction management and connectivity solutions to mortgage lenders, investors and other third party solution providers.
“I’m very much looking forward to helping Lydian make an even greater impact in the mortgage industry,” states Turpault. “I see Lydian taking a front seat in providing innovative technology and ‘triple A’ rated mortgage services that not only streamline, but also simplify the exchange of loans among the many systems that participate in the mortgage lifecycle, from origination through the secondary market.”
Turpault, who brings 16 years of experience in software marketing, design and management, was formerly the director of product management for Lydian Technology Group, where he successfully increased transparency and communication of product capabilities as well as the direction for the Mortgage Connectivity Hub. He developed sales strategies that resulted in a more consistent and professional approach that expanded the product’s market to include and capture larger customers.
“Philippe brings a strong track record of accomplishment with Lydian Technology Group,” states Brian Fitzpatrick, president of Lydian Technology Group and executive vice president of Product Management and Marketing for Lydian Data Services. “We’re very confident that he will be successful in leading us into the next phase of growth, not only as a company, but also as the definitive leader in providing innovative solutions for the mortgage industry.”
Turpault has a Master of Business Administration from Santa Clara University and a computer science degree from EPITA (l’Ecole Pour l’Informatique et les Techniques Avancées, or the “School for Computer Science and Advanced Techniques”) in France. Prior to joining Lydian, he held several positions from pre-sales to post-sales at CMstat Corporation, Parametric Technology Corporation, and CollabNet.
About Lydian Technology Group
Lydian Technology Group, a wholly owned subsidiary of Lydian Data Services (www.LydianData.com), provides awardwinning enterprise integration and process automation solutions that empower organizations to achieve a greater return on their current and future technology investments. The company’s integrated data hub technology equips companies with a cost-effective, ready-todeploy service-oriented architecture (SOA) with pre-built integration adapters to hundreds of financial services applications. The technology empowers companies to leverage best-of-breed technologies by making it easy to add, update or remove applications without system-wide repercussions. This time-tested solution offers a future-ready architecture to efficiently integrate systems, automate processes across disparate applications, and store all data in a centrally accessible repository. Authorized users have real-time access to enterprise-wide data through this central repository, and can engage in productive collaboration with other users. The technology also simplifies the deployment of business process management tools by equipping users with building block components. For more information, visit www.LydianTechnology.com.
About Lydian Data Services:
Lydian Data Services, a wholly owned subsidiary of Lydian Trust Company and the parent company to Lydian Technology Group (www.LydianTechnology.com), provides end-to-end outsourcing and a la carte services to manage or enhance all aspects of the mortgage operation for money center and community banks, credit unions, mortgage banking entities and premier investment banks. Through its award-winning, open-architecture platform, and industry-proven "best practices" fulfillment services, Lydian Data Services improves its clients' operational efficiencies, risk management and service delivery. The company has focused expertise in post-closing, quality control auditing services, correspondent loan acquisition services, origination fulfillment services (including wholesale and retail processing), and bulk due diligence. Lydian Data Services is a central clearinghouse and standard for high quality mortgage transaction processing and fulfillment solutions for leading lenders and investors within the mortgage industry. Lydian has been awarded the Ernst & Young Florida "Entrepreneur of the Year ® " award for Financial Services, has been repeatedly ranked one of the fastest-growing private companies on the Inc. 500, and was the top ranking financial services company to be recognized on the InfoWorld 100 list of the "Most Technologically Innovative Companies in the World." For more information, visit www.LydianData.com.
About Lydian Trust Company
Lydian Trust Company is a diversified financial services firm that provides a variety of banking and wealth management services to high net-worth clients and technology development and loan processing services to large financial services firms. Lydian is headquartered in Palm Beach, Florida, with offices located throughout Florida and in Arizona, District of Columbia, Georgia, New York, Pennsylvania, Connecticut, Oregon and Washington. For more information, visit www.Lydian.com.
Press Contact: Rosalie Berg
High Impact Marketing
(305) 971-5352
RosalieBerg@StrategicVantage.com
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