The global banking and financial services marketplace has seen tremendous shifts in terms of the range and complexity of products, growing demands of customers, new and more pervasive channels, use of web-based technologies, deployment of software as a service, and new operations models that transcend traditional boundaries. The challenge for market participants, therefore, is to predict change and provide differentiated solutions for the empowered global customer.
At Wipro Gallagher Solutions (WGS), we’ve always focused on adaptability, and NetOxygen, our enterprise loan origination solution, offers that distinctive edge to your financial products. NetOxygen is an end-to-end loan origination platform that streamlines the entire loan processing and fulfillment workflow, from managing leads and taking applications to document preparation, funding, post closing, and interim servicing.
NetOxygen Solution Contents
- Dynamic Workflow Management
- Product and Pricing Engine
- Document Generation System with Image Repository
- Business Rules Management System
- Dynamic Loan Selection
- LIntelligent Third-Party Service Orders
- Credit Policy/Credit Scoring Manager
- Contact Management System
- XML-Based Web Services
- Third-Party Document Preparation
NetOxygen Features
NetOxygen addresses a comprehensive set of requirements in terms of products, channels, technological capabilities, business functionality, standards, and compliance.
- Decision Engine - NetOxygen’s decision engine provides rules-based filtering of all components.
- Robust Document Support - NetOxygen includes a comprehensive set of standard mortgage-lending documents and images, including VMP documents.
- MISMO-Aligned Interfaces - NetOxygen’s interface approach uses standards defined by the Mortgage Industry Standards Maintenance Organization (MISMO).
- Easy-to-Use Configuration Tools - NetOxygen provides a set of tools designed to put the system setup in the hands of your business analysts and, in most cases, eliminate the need for traditional programmers.
- Component-Based Solution - NetOxygen is a component-based, end-to-end POS/LOS solution.
- XML-Based Web Services - NetOxygen's integration with Microsoft's .NET 3.5 technology provides a fine-grained, service-oriented architecture (SOA) that is loosely coupled, reusable, and maintainable.
For more information, visit the WGS Web site at www.gogallagher.com
Wipro Compliance Week joint research on The Coming Wave of Regulatory Reforms
