Delta 360 Inc. Announces Partnership with DRN Commerce
Posted by Bill Rudzitis
MARKHAM, ON, May 22, 2007
Delta 360 has partnered with DRN Commerce to provide seamless integration between their lending technology platforms. This allows for loans that are in arrears on Delta 360’s mortgage servicing system (LMS360) to be electronically synchronized with DRN’s Collectlink software through a two-way interface.
“This integration allows our mutual customers to achieve even greater efficiencies since the data is kept synchronized between the two systems without re-keying, thus eliminating costly manual activities which are often error prone” describes Derek Cook, President, Delta 360. “We are extremely excited about having this interface in place with DRN Commerce since they are clearly a market leader in the recovery management space and this integration brings additional value to our current and future users of our mortgage servicing platform” added Cook.
“We completed the integration between the two systems in only 2 months” stated Wayne McLeish, President & CEO, DRN Commerce. “This speaks well to the excellent teams at both companies as well as the flexibility of the two systems which can easily accommodate XML based messaging” added McLeish.
About Delta 360
Delta 360 Inc. was formed in 2005 with the sole focus of delivering mortgage technology solutions to the Canadian financial industry. The Delta 360 leadership team has a proven track record in Canada; delivering solutions on time, on budget, and within scope since 1985.
We utilize our depth of experience, and expertise, to deliver software solutions focused on the mortgage technology space. Our experience in delivering complex transactional systems and leveraging rapid application development environments has strategically positioned us to focus on solving business problems while delivering configurable, highly robust and reliable solutions. Delta 360’s ASP model minimizes start up costs and provides the lender with a predictable transaction-based pricing model linking servicing costs to portfolio volume.
For more information about Delta 360 Inc., visit www.delta360.com
About DRN Commerce
DRN Commerce is a member of the First Canadian Title Group and internationally First American Corporation a Fortune 500 company. Hundreds of companies currently use DRN’s software products and default management services including 5 of the largest 100 banks in North America. DRN is North America’s leading provider of collaborative default management technology solutions. DRN’s software and default management expertise has allowed its clients to significantly increase recoveries while reducing administrative expenses within recovery processes. DRN’s management team’s extensive collections and technology experience allows DRN to provide full Supply Chain Management and Business Process Outsourcing services to its clients for mortgage, credit card, loan, retail, telecom and utility collections. Through InsolvencyLink DRN provides technology and full outsourcing solutions for insolvent and bankrupt accounts. DRN also provides end to end solutions for the management of vehicle repossessions.
To find out more about DRN, visit www.drncommerce.com
Delta 360 Inc.