News
February 23, 2006
Alaska USA FCU Licenses Metavante’s Online Loan
Origination Studio
WAYNE, Pa. – Feb. 23, 2006 –
Metavante Corporation, the financial technology subsidiary
of Marshall & Ilsley Corporation (NYSE:MI), today
announced that Alaska USA Federal Credit Union (FCU)
has licensed its web-based Loan Origination Studio (LOS),
Workshop toolkit and Loanportal, its integrated third-party
services gateway.
Metavante will provide Alaska USA FCU with an online
LOS origination solution from its GHR Systems, Inc.
affiliate. Agent, GHR’s LOS point-of-sale system
module, will enable Alaska USA FCU to automate the mortgage
sales process and boost loan officer productivity and
customer satisfaction by dramatically shortening the
loan origination process and matching customers with
best-fit loan products.
With GHR’s Workshop toolkit, Alaska USA FCU can
modify and add screens, workflows, data fields, interfaces,
reports, and forms to meet ongoing needs – anything
from unique call center scripting screens to additional
cross-marketing data elements. Workshop uses industry
standard tools such as HTML editing and Visual Basic
Scripting, enabling Alaska USA FCU to quickly implement
new changes. Workshop is part of GHR’s Joint Development
Environment, which will allow Alaska USA FCU and GHR
to jointly manage custom software changes for Alaska
FCU.
GHR’s Loanportal is a centralized web-based transaction
gateway that offers access to third-party services such
as credit reports, flood certifications, title orders,
Automated Property Valuations (AVM) and full appraisals,
as well as secondary market investor automated underwriting
systems.
"We selected GHR because their systems will provide
us with the features and flexibility we need to fulfill
our business goals,” said B. John Shipe, CIO,
Alaska USA FCU. “GHR’s open architecture
also allows for integration into existing applications,
which will make it easier for us to manage across all
platforms and also significantly improve member satisfaction.”
"We are pleased to provide Alaska USA FCU with
a web-based solution that can be accessed from any online
connection,” said Cy Brinn, president of GHR Systems.
“We are confident that GHR’s LOS will help
Alaska USA FCU reduce origination costs, increase efficiencies
and enhance loan volumes.”
About Alaska USA FCU
Alaska USA Federal Credit Union is a not-for-profit,
member owned financial cooperative, with over 275,000
members worldwide and more than $2.6 billion in assets.
The credit union has 46 branches in Alaska and Washington,
many open seven days a week. Alaska USA also owns and
operates three financial service subsidiaries: Alaska
USA Mortgage Company, Alaska USA Trust Company and Alaska
USA Insurance Brokers. The credit union also offers
a full line of business services, including commercial
lending, insurance, checking and depository options.
About Metavante
Metavante provides loan origination, processing and
closing systems for the residential mortgage, consumer
and small business lending industries through its affiliate
GHR Systems, Inc. GHR's systems are used by large, mid-sized,
and emerging lenders to better market, sell and close
loans through all distribution channels, including wholesale,
retail, consumer direct and correspondent. Four of the
Top 10 U.S. Mortgage lenders use GHR's systems. GHR
is a Microsoft Gold Certified Software Development Partner.
For more information, please visit www.ghrsystems.com.
Metavante Corporation is redefining banking and payments
to financial services firms and businesses worldwide.
Metavante products and services drive account processing
for deposit, loan and trust systems, image-based and
conventional check processing, electronic funds transfer,
consumer health care payments, and electronic presentment
and payment. Headquartered in Milwaukee, Metavante (www.metavante.com)
is wholly owned by Marshall & Ilsley Corporation
(NYSE: MI).
###
Top |
|
| Previous
| Next
|
|
