Equinox intros iGPM for bankers

CALIFORNIA, US: Equinox, the business process outsourcing arm of i-flex solutions, has launched iGPM (i-flex Global Processing Model), an end-to-end electronic loan processing solution for mortgage bankers.

iGPM makes lending completely paperless while automating workflow of all tasks in the loan origination process. iGPM is based on image driven work flow technology and a sophisticated rules engine that allows mortgage bankers to leverage distributed processing for end-to-end loan fulfillment, an Equinox statement said .

Don Ganguly, CEO of Equinox, said, "iGPM will revolutionize the way mortgage lenders process and service loans and they will realize a significant increase in productivity and reduction in processing costs."

Arin Brahma, EVP Equinox and architect of the iGPM vision, said, "iGPM's comprehensive capabilities enable real-time dash boards, intelligent workflow management, imaging and configurable business rules. iGPM's rules driven electronic work queues eliminate inter process wait times. This leads to rapid condition clearing and faster response to brokers and consumers."

This solution can help mortgage banks differentiate themselves by delivering quality loan processing with real time visibility and faster turn around times at a lower cost

As a result, banks will build more profitable customer relationships and increase customer loyalty. This fully managed end-to-end loan processing solution includes origination processing post closing, and servicing processes.