Del Mar and Loan-Score Team up
A number of industry players have been capitalizing on SOA's ability to loosely couple systems together for end user benefit. Most recently, Del Mar Database, San Diego-based maker of the DataTrac loan origination system (LOS), and Loan-Score Decisioning Systems, Irvine, Calif., have teamed up to create a seamless integration between their offerings. Loan-Score offers product pricing and automated underwriting solutions (AUS).
The integration is bi-directional and enables the two systems to automatically talk to one another, updating conditions and loan-level status in real-time using Web services. Loan-Score’s Web-based pricing engine and AUS serves as the point-of-sale decisioning solution, while DataTrac remains as the core system of record and workflow management solution for the fulfillment process.
The integration is already in production with several of the two technology firm’s mutual clients and others are scheduled to go live shortly. Pinnacle Capital Mortgage is one company that is already taking advantage of the new combined solution.
“Seamless, reliable integration is the cornerstone of any sound technology marriage between different vendors,” said Steve Pavlos, Pinnacle's CIO. “I’ve seen a lot of really good technologies throughout my career, but unless integration is achieved, you’ll never realize true efficiency. The tight integration between Loan-Score’s POS and DataTrac’s LOS was the single most important factor in our decision to engage with them.”
The integration is bi-directional and enables the two systems to automatically talk to one another, updating conditions and loan-level status in real-time using Web services. Loan-Score’s Web-based pricing engine and AUS serves as the point-of-sale decisioning solution, while DataTrac remains as the core system of record and workflow management solution for the fulfillment process.
The integration is already in production with several of the two technology firm’s mutual clients and others are scheduled to go live shortly. Pinnacle Capital Mortgage is one company that is already taking advantage of the new combined solution.
“Seamless, reliable integration is the cornerstone of any sound technology marriage between different vendors,” said Steve Pavlos, Pinnacle's CIO. “I’ve seen a lot of really good technologies throughout my career, but unless integration is achieved, you’ll never realize true efficiency. The tight integration between Loan-Score’s POS and DataTrac’s LOS was the single most important factor in our decision to engage with them.”
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