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For Immediate Release 

 

Lydian Technology Group Partners with Intelli-Mine

 

Partnership enables mid-size lenders to deploy business intelligence solutions previously only accessible to large lenders

 

Jacksonville, Florida, October 15, 2007- Lydian Technology Group, the industry's premier provider of mortgage integration and process automation solutions, has partnered with Intelli-Mine, a leading provider of business intelligence (BI) and mortgage performance management (MPM) solutions, to empower mid-market lenders to cost-efficiently and easily leverage the data routinely captured by Lydian Technology Group's Mortgage Connectivity Hub.

 

The Mortgage Connectivity Hub is a software solution that efficiently integrates systems, automates processes across disparate applications, and enables real-time user access to company-wide data. In essence, the Mortgage Connectivity Hub enables separate software solutions to seamlessly coexist and collaborate with one another. Now, by leveraging the power of Intelli-Mine's dashboards and business intelligence platforms, the Mortgage Connectivity Hub empowers users to easily monitor their own business data. Reporting and analyses functions allow users to view historical data, understand trends, and detect anomalies so that they may understand the patterns of their business processes. Additionally, planning and forecasting functions empower users to determine what they can do to enhance their businesses in the short and long-term.

 

"This is an incredible business tool for mid-size lenders," states Brian Fitzpatrick, president of Lydian Technology Group. "Thanks to the power of Intelli-Mine, our customers now have the ability to easily and cost-effectively utilize, interpret and understand the large amounts of data that are harnessed by the Mortgage Connectivity Hub-all through a simple, easy-to-understand dashboard view. Customers can view enterprise data, production data, and data in transit to determine not only how they're doing, but also why they're getting certain results, and what they should do to optimize business performance."

 

Intelli-Mine compiles, analyzes and presents data in easy-to-comprehend dashboard views. An information-on-demand system also allows users to capture and segment specific data according to the information they're seeking. The web-based system, which allows users to access information from users' desktops or any Internet-connected handheld device, offers a self-service option where users can view custom reports on an as-needed basis, and offers the option of proactive alerts and automatic delivery of desired information.

 

Large lenders customarily build systems that harness, sort and present data, but mid-size lenders often find that they lack the financial resources to create such a system. "Intelli-Mine takes away the barriers of entry for utilizing a sophisticated business intelligence system," says Anil Suri, president of Intelli-Mine. "Now, mid-size companies can easily and cost-effectively leverage their information and target their objectives with greater knowledge and focus. Rather than spending the $3 million to $4 million it takes to custom build a solution, lenders can deploy the Mortgage Connectivity Hub-Intelli-Mine combined solution for a fraction of the price, and with a flip of the switch, they're ready to go. It's a real time and money saver, and there's none of the risk associated with building a custom application."

 

The combined solution enables companies to monitor a wide range of activities and functions. Users can easily monitor a specific distribution channel, determine how many loans they signed, or see how many loans were sent to secondary marketing or servicing, right in dashboard view. They can also analyze specific characteristics of a particular loan or groups of loans.

 

"Together, Lydian Technology Group and Intelli-Mine are empowering companies with a tool to elevate their business and management performance. This is a solution that makes good managers great," says Fitzpatrick. "With a holistic view of their businesses right at their fingertips, lenders are getting a big company solution at a price that makes sense for mid-market players. As lenders look for way to improve profitability by reducing cost, maximizing revenue and reducing risk, the time is right for this solution."

 

 

About Lydian Technology Group

 

Lydian Technology Group, a wholly owned subsidiary of Lydian Data Services, provides award-winning 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-to-deploy 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 Intelli-Mine

 

Intelli-Mine is a leading provider of business intelligence (BI) and mortgage performance management (MPM) solutions. With software and services that help companies drive, monitor and understand corporate performance, Intelli-Mine helps organizations gain a competitive advantage through the strategic application of business intelligence on an enterprise scale. Our integrated MPM solution helps customers drive performance through planning, monitor performance through score carding, and understand performance through business intelligence. For more information, visit www.Intelli-Mine.com or call (949) 486-2900.

 

Press Contact

 

Rosalie Berg

Strategic Vantage
(305) 971-5352
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