Creating new efficiencies for the process of managing default files is the latest rage in today’s mortgage marketplace, and Fidelity National Information Services Inc. (FIS) has its own solution to meet this demand.
The company, which provides processing for financial institutions, announced the release of its FIS Desktop 2008 this week. The product is described as a workflow management system that gives the company’s clients in the financial sector an automatic, real-time and efficient direct link between default customers, vendors, service providers and investors. The company is able to do this by “automating labor-intensive functions and eliminating the need to build multiple interfaces among various data and service suppliers,” FIS said in a statement. 

_The new product includes the following:_ – a redesigned user interface to meet the demands of the end user – advanced integration with other industry partners – provides clients with the opportunity to see and analyze active loans in the company’s Mortgage Servicing Package
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“The FIS Desktop 2008 application is a ground-breaking enterprise solution that will greatly simplify workflow and eliminate the labyrinth of service bureau wrap applications maintained by many of our mortgage servicing clients,” said Greg Whitworth, president, FIS’ LPS division. “It delivers upon our commitment to provide a simple, one-stop solution that improves scalability and efficiency, while reducing operational and IT expenses.”