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The Next Generation
of Origination Services

Wipro Gallagher Solutions offers an end-to-end mortgage loan origination solution utilizing optimized business processes and best-in-class NetOxygen technology.

Origination Services

With our extensive variety of origination services, we can establish a transformation roadmap based on a review of your current platform and operations and build a plan to deliver it seamlessly, reducing your total costs by 30% or more.

NetOxygen

WGS automates the loan-origination and vendor-management process across multiple loan product types via NetOxygen, our web-based loan origination solution. NetOxygen 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. WGS also provides an off-the-shelf solution that can be tailored to meet challenges that arise in an ever-changing industry.

NetOxygen Cirrus

With NetOxygen, you can choose from multiple solution models on a variable-cost platform. You can even choose to implement it as a hosted solution, minimizing the overhead of integrating a new solution. Built on the same proven, scalable NetOxygen components lenders have used for years, WGS introduces NetOxygen Cirrus - a fully hosted, fully managed solution that is available at a fraction of the cost.

Wipro Technologies Acquires Gallagher Financial Systems

GFS now named Wipro Gallagher Solutions

We are pleased to announce that Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT), has completed an acquisition of Gallagher Financial Systems (GFS), Inc as of July 2nd 2008. The combined entity is now called Wipro Gallagher Solutions.

Wipro delivers a broad range of solutions, including application development and maintenance, infrastructure management, e-enabling services, business process outsourcing, and consulting services, to clients in a broad range of verticals, including Finance Solutions and other enterprise markets like Retail, Manufacturing, Healthcare, Transportation, Telecom, etc.

GFS Inc. is a leading provider of loan origination and processing systems through the NetOxygen product, which provides a true thin-client web-enabled solution, with support for multiple products and channels and flexibility to address varying client requirements. GFS is a proven solution, with successful implementations at several large and mid-tier banks in the US and has the inherent capability to be adapted for different loan products, like mortgages, HELOCs, auto loans, student loans, installment loans, etc.

The combination of the two companies will enable a value proposition that includes integrated delivery of technology and services for loan origination. Initially, Wipro will be able to offer an end-to-end mortgage loan origination solution utilizing best-in-class NetOxygen technology and optimized business processes. Our clients will progressively realize benefits from a single source provider that can leverage the global delivery model, data center expertise, and application and infrastructure management, thereby optimizing their overall investment in loan origination and processing.

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