Ellie Mae Launches Encompass Data Connect
Ellie Mae has announced Encompass Data Connect is now available for all lenders leveraging Ellie Mae’s Encompass digital mortgage solution. Encompass Data Connect is designed to help mortgage lenders make smarter decisions faster using real-time data.
“Encompass Data Connect is now available for all lenders using our Encompass NG Lending Platform,” said Joe Tyrrell, Executive Vice President of Corporate Strategy at Ellie Mae. “The early adopters of Encompass Data Connect are already leveraging the power of the solution to not just gain greater insight into their business, but to incorporate machine learning, artificial intelligence and process automation into their specific vision for their own unique digital mortgage. Encompass Data Connect unlocks the power of data to fuel intelligent automation and bring our lenders closer to the True Digital Mortgage.”
Encompass Data Connect gives lenders access to their standard and custom loan data fields in near real-time, empowering them to make timely, data-driven decisions to dramatically increase the velocity, efficiency and effectiveness of their business operations and realize significant competitive advantages. Lenders will be able to securely access their cloud-based, encrypted data at any time and from anywhere, to fully maximize the utility of existing reporting and business intelligence, gain actionable data insights faster to create innovative business opportunities and drive profitability.