Sollen celebrates a decade of innovation in mortgage technology MortgagePress.comSollen Technologies, product and pricing engine, PPE, Lender Online, ConneX
Sollen Technologies, an Internet-based application services
provider of product, pricing and best execution capabilities for
the mortgage industry, has recently celebrated its 10 year
anniversary delivering product and pricing engine (PPE) technology
to mortgage originators. For over a decade, Sollen has been one of
the companies at the forefront of consolidating, organizing and
presenting the best loan pricing in quicker, more efficient ways
tailored to meet the needs of its customers.
In business since February of 1999, Sollen Technologies was
formed with one thing in mind, to solve the complex problem of
mortgage pricing and communications between the
broker/correspondent and the lender. Sollen Technologies has
created tools that allow originators and lenders to be more
productive and operate more efficiently. Our products and services
allow two-way communications that relay time critical pricing
information with easy-to-use technology. Lenders and originators
alike benefit from improvements in the office workflow processes
that are enhanced by our products and services.
Most recently, Sollen has totally reformulated its core product,
Lender Online. The latest version was the collaboration of
extensive customer input and years of experience. Improved
functionality and easier navigation allows the customers superior
processes and enhanced flexibility, which tailors the system to the
way they do business.
Additionally, Sollen has constructed a robust platform called
ConneX that allows lenders to access product and pricing services
as an extension of their loan origination or point of sale
software. "ConneX started as an internal service hub embedded into
Lender Online with the goal of streamlining our processes as we
reached out to other systems," said Brian Drevicky, VP of
information technology at Sollen. "ConneX has evolved into a
bi-directional loan data management system that allows us to
'plug-in' to other systems much quicker and more effectively. In
addition, instead of having to manually import and export data from
one system to another, the data flows more naturally and the user
benefits from a more efficient process."
While many vendors have slowed their pace and reduced technology
staff in reaction to the current economic conditions, Sollen has
remained dedicated to improving their platform, releasing new
features and helping lenders stay competitive.
"Sollen has gone through many changes during our first decade,"
said Michel Van Hee, CEO of Sollen Technologies. "I'm proud of our
commitment to our customers and very excited about where we're
headed. In the past 12 months, we have transformed our benchmark
product Lender Online and constructed a new integration platform.
These enhancements will allow us to deliver Sollen's premium
services with expanded functionality, which means even more
productivity and profitability gains for our users."
For more information, visit www.sollen.com.