Wipro Gallagher Solutions Upgrades Its NetOxygen LOS

Jun 01, 2020

Wipro Gallagher Solutions launched NetOxygen v7.0, the latest version of its NetOxygen loan origination solution platform.

The latest version of NetOxygen improves every touch point in the loan process, meeting new standards and regulatory compliance, and features enhanced user interface improvements, including:

►Enhanced user experience: Featuring an updated dashboard, updated displays of alerts and a refreshed work item task list, as well as batch upload and uniform loan delivery dataset import, to improve efficiencies in the bulk purchase of loans.

►State-of-the-art automatic document recognition service: An updated ADR service that helps processor productivity by recognizing loan documents in a package and displaying the individual documents.

►Increased transparency/communication between lenders and borrowers: Through NetOxygen Communication Services, lenders can use email and SMS services to draw the attention of interested parties and improve active communication.

►Refresh and redesign of strategic integrations: These integrations help streamline loan manufacturing and provide an improved user experience.

►Updates that support Uniform Residential Loan Application compliance: Compliance with URLA guidelines, which will be required of all lenders beginning Nov. 1, 2020.

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Jun 01, 2020

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