YARDLEY, Pa., Dec. 10, 2013 /PRNewswire/ -- Intraprise Solutions, a custom software provider, and Level1Analytics, a provider of cloud-based mortgage valuation and other financial modeling software, today announced the expansion of their strategic partnership to encompass further technology sharing as well as the creation of a joint sales and marketing program.
Working closely with Level1Analytics, Intraprise Solutions continues to enhance Level1Analytics' Mortgage Software Valuation products, LI-MSR and L1-Loans. These products are a first of their kind set of cloud-based software products that provide banks, mortgage banks, insurance companies and others with the do-it-yourself capabilities to value and stress test their Mortgage Servicing Rights (MSR) and Mortgage Loans.
This latest revision, version 9.0, provides many enhanced and new features, including:
- A new web service interface designed to open valuable Level1Analytics features to external companies and service bureaus through seamless integration, creating the foundation for an MSR valuation ecosystem on which other applications can be developed
- An expanded calculation engine to provide Level1 and Level2 loan-level valuations with significantly improved reporting capabilities
- Optional daily spread adjustments based on market moves and loan and rate valuation changes, specifically helpful to customers requiring more frequent portfolio valuations (e.g., weekly or daily)
"Intraprise Solutions continues to provide the innovation and technical expertise we have come to rely on over the last 5 years. Their systems engineering expertise, as well as their knowledge of the financial services industry and experience with financial analytics and modeling have made working with them a key component of our success," said Dr. Thomas J. Healy, CMB, president of Level1Analytics.
"We believe strongly in Level1Analytics' cloud-based business model and continue to work closely with them to provide a high degree of innovative thinking and solution delivery. Our software engineers are among the best in the business and have transformed Level1Analytics' sophisticated valuation methods and approach into a cloud-based solution that improves speed, accuracy, and accessibility. In a new and evolving regulatory environment, Level1Analytics' clients can rest comfortably knowing the technology serving their valuation needs is evolving not only with technology but in support of the regulatory environment," said Todd J. Fisher, Chairman, Intraprise Solutions.
About Intraprise Solutions
Intraprise Solutions designs and implements transformative, specifically tailored information technology applications for leading companies in the financial services, insurance and technology markets. Helping clients of all sizes reach their peak performance with sophisticated analytics, leveraging cloud and grid platforms, and "big data" processing principles, Intraprise Solutions delivers on the promise of real, powerful data. Located in Yardley, PA, Intraprise Solutions can be found at www.intraprise.com.
Level1Analytics provides financial modeling software and services to the mortgage lending industry. The company offers cloud-based software technology that allows financial institutions to value their mortgage portfolios and mortgage based assets in an easy, accurate, defensible, economical and transparent way. For more information go to www.level1analytics.com.
Contact: Siobhan Carroll
The Perry Group
SOURCE Intraprise Solutions