eLynx, a portfolio company of American Capital, has announced that it had completed work on its national data centers that has resulted in a secure, highly available, unified computing infrastructure that will provide increased scalability, reliability and flexibility to the company and its clients.
“Because we maintain our own data centers we have the flexibility to make upgrades when it benefits our clients,” said Sharon Matthews, eLynx president and chief executive officer. “It’s one of the benefits of owning your own 'cloud' and it will allow us to keep up with the increased demand caused by rapid adoption of our new eClosingNet (eCN) offering.”
New virtualization capabilities in the data centers offer a number of benefits, including
increased scalability, better hardware utilization and higher efficiencies. The company says
the move provides a single access point to manage and view information, regardless of data
source or physical location.
eLynx anticipated that data center changes would be required to handle the increased business early last year and began making plans for this work at that time. This was a planned investment that has already benefited the company as its eCN service has gained industry acceptance faster than anticipated.
Last October, eCN was launched with one top 5 U.S. lender/servicer in full production that accounts for more than 20 percent of the nation’s mortgage volume. Since then, the network has been attracting more lenders, including a second top 10 U.S. lender. The platform, which connects originators to nearly 100,000 settlement agents, is now helping to close more than 30 percent of the industry’s loan volume.
For more information, visit www.elynx.com.
