Altisource announces new REALSynergy General Ledger Interface

Altisource has announced the release of REALSynergy's newest optional module, the General Ledger Interface. REALSynergy, a commercial real estate loan servicing platform, now provides the ability to consolidate transactions according to a client's existing general ledger chart of accounts. The new interface increases the speed, ease and accuracy of transferring information from REALSynergy to an outside general ledger accounting system. "We are always evaluating and enhancing REALSynergy based on our clients' needs," said Mark J. Hynes, chief operating officer of technology products for Altisource. "By creating this interface, we are extending its flexibility and configurability to reach out from the REALSynergy system and connect with our clients' existing technologies." Altisource designed the REALSynergy platform as a flexible commercial loan servicing application that can easily be adjusted to accommodate any level of growth or change a servicer may encounter. The system can handle virtually any commercial loan structure and offers a single repository for data, alleviating the need to manage multiple disconnected systems. REALSynergy clients have the ability to manage loan servicing operations and track collateral assets from a single system. The system maintains granular level data, provides flexible cash management and includes robust reporting functionality. Additionally, REALSynergy's Web Loan View module enables investors and borrowers to view the pertinent components of their loan portfolio through a secure Web-based login. For more information, visit www.altisource.com.