The Performance Group and Intelli-Mine Create Alliance 

25 Oct 04

The Performance Group (TPG), a mortgage consulting firm, and Intelli-Mine, a provider of business performance management tools, announced the formation of a business alliance designed to integrate TPG's Process Optimization (Six Sigma) and Best Practices, with the powerful measurement, analysis and control features of Intelli-Mortgage, Intelli-Mine's performance management solution for the mortgage-banking industry.

This strategic alliance allows TPG to provide comprehensive solutions that enable clients to define, measure, analyze, improve and control each process required to maximize the return on investment (ROI).

"Our clients are finding it more important than ever to focus on ways to decrease operating costs and improve efficiency without losing competitive advantages," said Larry Bonifant, founder and president of TPG. "Mortgage bankers must find ways to translate data to information, information to knowledge, and knowledge to action. Pipeline volumes, productivity and throughput are key to managing performance and profitability. The alliance with Intelli-Mine brings our clients a combination of industry expertise, process improvement consulting, success in technical services and business technology created specifically for the mortgage industry."

Bonifant continued, "TPG and Intelli-Mine share a passion for helping mortgage bankers achieve their goals in process improvement and succeed at applying concepts and practices that deliver a rapid return on investment. The alliance provides our clients with a way to better manage business processes and control performance. TPG and Intelli-Mine can help clients create fast, high leverage results that represent real value."

"Intelli-Mine has created the Intelli-Mortgage product to assist executives and management in the mortgage banking industry in their daily decision-making. The solution provides relevant and comprehensive information timely, on all aspects of their business performance," said Anil Suri, CEO of Intelli-Mine. "We wanted to partner with consultants whose deep management experience in the mortgage industry would enable them to demonstrate the enormous advantage Intelli-Mortgage provides leaders who need fast, reliable and dynamic information on which to base their decisions both day-to-day and long-range."

Suri further emphasized, "This alliance will ensure that clients receive effective solutions that integrate the industry and operational experience of TPG, with the powerful tools needed to automatically monitor and manage performance."

About Intelli-Mine:

Intelli-Mine, delivers software and services that help companies drive, monitor and understand corporate performance.

Intelli-Mine delivers and helps organizations gain competitive advantage achieved through the strategic application of Business Intelligence on an enterprise scale. Our integrated Mortgage Performance Management solution helps customers drive performance through planning; monitor performance through score carding; and understand performance through business intelligence.

For more information, visit the Intelli-Mine Web site at www.intelli-mine.com.