CARROLLTON, Texas, Oct. 4, 2017 /PRNewswire/ -- a360inc, a leading employee-owned legal and financial services technology and outsourcing company, today announced the acquisition of the CaseAware Suite of technology products from KMC Information Systems. The purchase comprises the complete platform suite including the company's case management system (CMS) CaseAware Manage and the middleware integration module CaseAware Integrate.
The acquisition brings a360inc one step closer to their goal of consolidating the case management system ecosystem. Delivered to the marketplace through a360inc's practice management business, Firm Solutions, the company will combine the best of CaseAware Manage and CaseAware Integrate with the ProMatters suite of products. As a subscription-based Software as a Service (SaaS) combined with compliant, secure, Infrastructure as a Service (IaaS) capabilities; this new case management model will deliver a truly unique solution for the default servicing industry.
"Over the last few decades, a number of similar industries have experienced an influx of investment capital targeted at transformation and simplification." said Scott Brinkley, CEO of a360inc. "The deployment of SaaS solutions has transformed these industries and reduced the capital required by owners to operate their businesses. Law firms servicing the mortgage default marketplace have not had the benefit of these solutions. The resulting case management system landscape is a fragmented space, dotted with costly proprietary platforms or smaller independent providers with limited service scope. For law firms to survive turbulent markets, systems need to evolve and adapt into a better delivery model — that is what a360inc is working towards."
This acquisition accelerates a number of a360inc strategic initiatives including:
- Enhancing CMS technology with improved user-configurability and automated decisioning
- Introducing industry-wide integration solutions for law firms, their vendors and servicers
- Reducing the total cost of ownership and introducing variable, subscription-based pricing
- Establishing default data standards that simplify integrations and data sharing across the industry
- Enabling an evolution to a secure, compliant, hosted solution model for the default industry
"By joining the a360inc family, CaseAware is on the path to a whole new level of capabilities," said Dan Cannon, COO of KMC Information Systems. "Integrating the CaseAware Platform with the existing Firm Solutions suite of technology products is exciting for the industry. The vision the company has for new compliant, integrated, single sign-on SaaS default technologies is ground-breaking and I'm excited to join the team and contribute to that vision."
a360inc is an employee-owned company focused on acquiring and building innovative new solutions that redefine how technology and strategic outsourcing are used in the financial services, real estate and legal industries. a360's mission is to radically change the way businesses in process-laden industries manage their operations and compliance to reduce risk and increase bottom line results. The a360 family of companies includes Firm Solutions™, C2C Title Services, Blue Ribbon Legal and CaseAware®.