Accenture Mortgage Cadence, a provider of loan origination software, has transitioned all of its clients – more than 600 mortgage lenders across the U.S. – to the Accenture Mortgage Cadence Cloud to better manage loan processing cycle times, increase system reliability and leverage product upgrades.
“Today’s digitally savvy borrowers expect the same kind of quick, efficient service from their mortgage lender that they get from online retailers and other services,” says Keith Moore, software cloud and software-as-a-service (SaaS) support executive for Accenture Mortgage Cadence.
“All clients using our enterprise lending center and our loan fulfillment center have moved to our enhanced cloud technology, which provides the environment needed to get borrowers to the closing table on time while keeping up with the fast-changing regulatory landscape,” Moore adds.
The loan fulfillment center and enterprise lending center are SaaS-based loan origination systems from Accenture Mortgage Cadence. According to the company, the transition to the enhanced cloud will provide its clients with faster servers, more system storage, enhanced regulatory compliance, and loan origination efficiency and scalability to support a growing client base.
“When designed properly, cloud technologies are the perfect building blocks for mission-critical solutions, such as our Mortgage Cadence platform,” says Trevor Gauthier, managing director of Accenture Mortgage Cadence. “We are proud to be an early adopter of SaaS mortgage technology, and today, ours is one of the most-mature cloud-based technologies in the industry.”