IndiSoft,
LLC , a technology developer focusing its efforts on the default
service management industry, announced today that its RxOffice®
platform has processed more than 18 million transactions since 2008. The
company also is in the process of receiving third-party certification
from Microsoft®, which will validate the platform’s security
and scalability.
“The transaction numbers show that our technology is proven and is
capable of handling the growing needs of the default management
industry,” said Sanjeev Dahiwadkar, CEO and president of IndiSoft. “Our
continued commitment to the industry and flexibility is evident in the
on-going platform adjustments we make based on changes from the federal
government, investors, GSEs, insurers and servicers.
“Soon we will receive Microsoft certification, which will demonstrate
how committed we are to providing the mortgage industry with technology
that will improve the default services process and save all parties
involved time and financial resources.”
Essentially, RxOffice is a case management, workflow management and
document management platform that has processed more than 14.5 million
cases in workflow transactions as of June 2010. RxOffice also includes a
robust document management solution and houses over 3.5 million
documents relating to mortgage defaults.
“Mortgage defaults are at unprecedented volumes and millions of HAMP
trial modifications are stalled from lack of supporting documents,” said
Anna Taylor, CTO of IndiSoft. “While legacy systems have been challenged
in storing and associating specific documents with specific cases,
RxOffice can manage high-volumes and sorting documents properly.”
IndiSoft offers its RxOffice platform (patent pending) to servicers,
counselors, mortgage insurers, law firms and homeowners. The platform
leverages secured communication technology and infrastructure to enable
transparent and real-time updates.
RxOffice’s document management feature includes dynamic generation of
letters, emails and notes from templates as well as it is a storehouse
for interfaced and uploaded documents. Documentation integration with
case management has been a long time challenge with default management
systems and RxOffice meets those needs.
In addition to document integration, RxOffice further integrates
inbound/outbound email and faxes with cases providing a complete view of
cases to its users.
About IndiSoft, LLC
Columbia, MD-based IndiSoft LLC develops, licenses and supports a wide
range of Web-based software solutions for the financial services
industry, including RxOffice Legal, RxOffice Borrower Portal and
RxOffice Reporting Portal. Indisoft continues to innovate and transform
how the default servicing industry communicates and exchanges
information. IndiSoft offers its RxOffice platform (patent pending) to
servicers, counselors, mortgage insurers, law firms and the homeowners
leveraging secured communications technology and infrastructure to
enable transparent and real-time communication, speeding up the decision
process.
For IndiSoft
Charlyne H. McWilliams, 301-933-5567
charlyne.mcwilliams@indisoft.us
or
Catherine
Laws, 678-781-7206
catherine.laws@indisoft.us