Skip to main content

Genpact Mortgage Unveils Next-Generation LOS
Apr 04, 2013

Genpact Limited has announced that it has released its next generation of applications from its Quantum technology platform for loan origination processing. Genpact's Quantum platform features a uniquely data-centric, end-to-end loan origination system (LOS) which leverages innovative “process automation” to significantly streamline mortgage loan fulfillment. Expanding the Genpact Quantum Mortgage Origination Technology suite, the Quantum LOS applications automate the sales, processing, underwriting, closing, secondary, and delivery functions of the mortgage origination process. In addition to the LOS applications, the Quantum Mortgage Technology Suite also includes a Mortgage Operating System (MOS) that includes Business Process Management, Enterprise Content Management, and Supply Chain Management component applications. Lenders using the Quantum LOS and its MOS benefit from efficiencies and automation that can trim as much as 30% of the time and effort needed to fulfill a loan from application to post-closing. The Quantum LOS and MOS also significantly improve process transparency that allows better reporting, performance management, and compliance for mortgage lenders. Quantum is available in a software-as-a-service (SaaS) delivery model at a variable, transaction-based price. The Quantum LOS and MOS applications are easily configured for each client’s unique requirements, and the MOS can be easily appended to a client’s existing legacy loan origination systems to buttress feature and function deficits while minimizing capital investment and potential process disruption. Additionally, Quantum LOS and MOS comprise the technology platform underpinning Genpact’s Mortgage Business Process as a Service (BPaaS) offering, which combines Quantum technology with Genpact’s mortgage domain expertise, business process management services, and global delivery capabilities. “For lenders who are looking to either completely overhaul, or simply enhance their current LOS system, Genpact’s Quantum Technology Solutions provide top-of-the-line efficiencies and cost savings,” said Matt Woods, president of Genpact Mortgage Services. “One of the system’s key differentiators is that lenders who do not need every piece of the LOS replaced can select only those applications needed to overcome obstacles in their existing workflow. Quantum provides a much more intelligent and flexible mortgage loan origination process.” Quantum is made up of a number of applications that can be deployed as a standalone, SaaS solution or as a comprehensive, end-to-end BPaaS LOS solution. The LOS consists of applications for sales services, processing services, underwriting services, closing services, secondary reporting and closed loan delivery. The MOS encompasses applications that streamline mortgage process workflow, document management and content management, in addition to providing quality control for the electronic loan file.
Apr 04, 2013
More from
ICE Makes Enhancements To Its Mortgage Prepayment Model

The Intercontinental Exchange, Inc. made enhancements to its mortgage prepayment model with daily residential mortgage rates from ICE Mortgage technology.

Jul 27, 2021
Liquid Mortgage Technology Supports Efficient Debt Market

Liquid Mortgage received a U.S. patent for its distributed ledger technology to support its future vision of efficient and transparent debt markets.

Jul 22, 2021
Rocket Expands Home Search Tool To All 50 States

Rocket Homes announced its growing home search tool now includes listings from all 50 states.

Jul 21, 2021
Better's One-Click Checkout Now Offers Title Insurance For Refi's

Better announced it has been licensed as a title insurance provider for refinance transactions through Better Settlement Services (BSS) in Virginia. 

Jul 20, 2021
Fairway Independent Mortgage Uses Doma To Improve Refinance Business

Doma Intelligence platform will remove key points of friction and frustration that affect traditional mortgage closings.

Jul 16, 2021
Total Expert For Salesforce Improves Customer Engagement

Total Expert announced their integration with Salesforce to enable marketing and customer engagement on behalf of advisors, loan officers, and personal bankers. 

Jul 15, 2021