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Advectis Named Top 25 Mortgage Technology Service Provider
Recognition heavily dependent upon demonstrated lender value
ATLANTA, June 6, 2006 – Advectis®, Inc., provider of the most widely-used solution for electronic mortgage document collaboration, announced that it has been recognized as a Top 25 Mortgage Technology Service Provider by Mortgage Technology magazine.
The magazine retired its Top 100 Tech Vendors list this year, replacing it with two new lists: the top 25 mortgage technology vendors and a separate list of the top 25 mortgage technology service providers. Advectis was recognized as a Top 100 Tech Vendor in both 2004 and 2005.
The four major criteria for inclusion of eligible vendors and service providers are customer satisfaction, functionality, market share and viable revenue model. According to the editors of the publication, “It is paramount that these companies prove they have provided a high degree of functional value to mortgage lenders.”
Greg Smith, president and CEO of Advectis, said, “We are extremely honored to be named as a top 25 service provider, as the competition for inclusion this year was especially strong with the shorter lists. Such recognition validates our focus and hard work to provide technology to ensure that the mortgage industry has the most efficient route possible to paperless loan processing and delivery.”
In announcing the honor, the publication touted Advectis’ flagship product, the Web-based BlitzDocs® Collaboration Suite, which is provided as a hosted, on-demand solution, boasting easy implementation and almost no training to use. The BlitzDocs collaborative electronic loan folder mirrors the paper loan folder and is used throughout the loan processing cycle. Additionally, Advectis was the 2005 winner of the publication’s Fix-It Award.
About Advectis, Inc.
Advectis, Inc. provides the mortgage industry's most
widely used solution for electronic document collaboration,
BlitzDocs Collaboration Suite. The Web-based suite
provides access to the BlitzDocs collaborative electronic
document network where participants in the mortgage
loan industry capture, submit, organize, underwrite,
audit, share and archive loan documents electronically.
At the heart of the BlitzDocs network is the collaborative
electronic loan folder which mirrors the paper loan
folder that mortgage companies use today, but streamlines
loan processing from capture and submission through
sharing and delivering of the e-folder. With BlitzDocs,
Advectis not only provides a solution for paperless
processing now, but also offers a path to SMART Docs
and the e-mortgage.
For more information about Advectis and BlitzDocs, call 678.460.2460 or visit the Web site at www.advectis.com.
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