DocuTech and Gallagher Partner to Improve eDoc Services

Companies integrate NetOxygen and ConformX

BRENTWOOD, Tenn. - DocuTech and Wipro Gallagher Solutions, formerly Gallagher Financial Systems, announced at the Mortgage Banker’s Association National Technology in Mortgage Banking Conference & Expo that the companies have signed a contract that will integrate DocuTech’s Web-based document solution, ConformX^TM, with WGS' NetOxygen loan origination software (LOS).

WGS is one of the nation's largest residential LOS providers. Its NetOxygen system allows lenders to work with a rules-based, service-oriented platform that provides automated calculations and auditing capabilities throughout the life of the loan. Since ConformX and NetOxygen are fully Web-enabled, users will be able to access loan data and documents from any computer with an Internet connection, enabling lenders to work with traditional paper mortgages, paperless mortgages and e-signed mortgages. ConformX is also compatible with Category 1 SMART Documents and eSigned PDF documents.

"NetOxygen’s lenders are leading the pack in embracing Web-based and electronic mortgage technology," said WGS president Chris Anderson. "Our alliance with DocuTech will give our customers the ability to streamline the compliance process and quickly generate all the documents they need—from RESPA disclosures to closing documents—through their Web browser. ConformX also supports eMortgages, allowing our lenders to reduce overhead by reducing the amount of paper that has to be printed, filed, transported and stored."

The combined services will provide NetOxygen customers with document services that reduce loan-processing time by automatically generating compliant state and federal documents. In addition to closing documents, lenders will also have access to initial disclosures and processing documents. DocuTech’s ConformX will also enable NetOxygen customers to transfer data from mortgage documents into electronic forms for reporting and filing.

ConformX is backed by DocuTech’s document compliance staff, which guarantees that all mortgage document packages are accurate and complete. By reducing the need for compliance staff to research document requirements, lenders are given the flexibility to quickly offer new products and keep up with rapidly changing state and federal compliance requirements.

"DocuTech is more than just technology for paper loan documents," said Monte Larsen, DocuTech’s chief marketing officer. "ConformX gives NetOxygen users the benefit of our fully-staffed compliance department and a streamlined interface that works completely within the LOS."

Contact
Joey McDuffee
Vice President, Sales and Marketing
Wipro Gallagher Solutions
1.800.989.9996 or 615.221.7358

About Wipro Gallagher Solutions
Founded in 1985, Wipro Gallagher Solutions, formerly Gallagher Financial Systems, is one of the nation's largest residential loan origination systems providers. WGS is headquartered in South Miami, Fla., with its national operations center in Brentwood, Tenn. Wipro Gallagher Solutions' NetOxygen architecture allows lenders to improve efficiencies via dynamic workflow routing and rule-driven, streamlined business processes. NetOxygen was designed to handle all aspects of the lending process for all channels and loan types using a component-based, end-to-end system, which allows enterprise-wide data access for improved customer service. WGS also provides an off-the-shelf solution that can be tailored to meet technological and business challenges that arise in an ever-changing industry. GFS was acquired by Wipro Limited in July, 2008.

About Wipro Limited
Wipro provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application development, and maintenance, and research and development services to corporations globally. Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services company globally. Wipro’s IT Services business was assessed at Level 5 for CMMI V 1.2 across Offshore and Onsite development centers. For more information, please visit our website at www.wipro.com.

About DocuTech
Since 1991, DocuTech Corp. (DocuTech) has provided outstanding compliance services and documentation technology for the mortgage industry. DocuTech's software interfaces with leading loan origination systems and enables mortgage professionals to generate documents locally. DocuTech manages and secures all information needed for a loan, guaranteeing accuracy, security and compliance. For more information visit the company's Web site at www.docutechcorp.com.