Lydian Technology's Mortgage Connectivity Hub enables mortgage and lender connectivity, mortgage data integration, automated mortgage processing and web services. Mortgage Connectivity Hub is a time-tested, industry-leading connectivity solution, providing a highly effective systems architecture that efficiently integrates systems, automates processes across disparate applications, and enables real-time user access.
The Mortgage Connectivity Hub is the only software solution that equips companies with a ready-to-deploy, standards-based infrastructure solution that is not only designed as a service-oriented architecture (SOA), but also uses pre-built integration adapters for over 100 financial services applications. By connecting the numerous disparate systems of the mortgage process, the Mortgage Connectivity Hub eliminates the need for months or years of connection design and development, while also offering unequaled speed to market.
Enterprise-Wide Pipeline and Production Values At Your Fingertips
The Mortgage Connectivity Hub provides users with a normalized, complete view of all company systems and data through an extensible, enterprise data model that is based on industry standards including MISMO and XML. Users are no longer tied to the constant consolidation and reconciliation that has traditionally been necessary to view reports in disparate systems. With the Mortgage Connectivity Hub, data is accessible and ready to view on one screen, so users can see enterprise-wide pipeline and production values all at once, without having to consolidate or reconcile data.
Integrating Your Mortgage Systems and Partners
The Mortgage Connectivity Hub provides an agile framework to connect existing software, like loan origination (LOS), accounting, and servicing systems, thereby eliminating the need for costly and cumbersome point-to-point data integration. The Mortgage Connectivity Hub and Lydian's extensive library of pre-built system adapters use web services to connect the systems according to established financial services data exchange standards, so the need for countless point-to-point solutions is virtually eliminated.
Because the Mortgage Connectivity Hub uses a “hub and spoke” framework, users can easily add, update or remove applications without system-wide repercussions.
The concept is simple. Removing or updating a computer system is much like taking one spoke out of a wheel, rather than the traditional process, which is more like taking one link out of a chain. This framework allows business relationships to be built or dismantled as quickly as needed. If a component is required, it can be added, just like adding another spoke to a wheel. Companies can quickly integrate best-of-breed technology, better leverage current systems such as mainframe computers, or even establish a framework for legacy system migration. In other words, the Mortgage Connectivity Hub enables companies to fully use their technology solutions, both individually and as a whole.
Automated Processes Across Systems
The Mortgage Connectivity Hub optimizes disparate applications throughout the enterprise by streamlining, automating and orchestrating communications and transactions from end to end. Rather than relying on human capital to fill in the gaps from one system to the next, inter-system processes can be automated, all according to a company's own business protocol. The power of automation enables mortgage companies to optimize a system's functionality by reducing the time to complete previously manual interim tasks.
Executives Get Real-Time Access To Accurate, Current Business Systems Data
The Mortgage Connectivity Hub provides executives with a complete, real-time view of their company's data in all business systems, whether the data resides in mainframe computers, locally installed systems or web-based systems. Whereas lenders were previously bound to time-consuming and laborious reconciliation and consolidation activities just to see business data, they can now use the Mortgage Connectivity Hub to streamline the process. Its portal-ready technology enables authorized users to log into a single, Internet-accessible entry point to retrieve accurate, current data on company-wide systems and processes. Through this portal, users can engage in productive collaboration with other users and systems, all without spending time on reconciliation and consolidation processes.
The Mortgage Connectivity Hub also features configurable alerting tools that offer real-time notification of key events in a financial transaction. These event-driven alerts are automatically delivered to a user's web-based portal, instant messenger system, e-mail system and/or wireless device. By leveraging the software's business intelligence tools, users can also view and analyze business process metrics and trends.
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