|By Business Wire||
|August 13, 2013 08:00 AM EDT||
Harland Financial Solutions announced today that clients using the LaserPro compliant loan origination, processing and documentation solution now can take advantage of new services resulting from an expanded alliance with eLynx. This offering supports Harland Financial Solutions’ continued focus on compliant lending expertise, while meeting the growing demand of the financial services industry to provide document collaboration and paperless lending for consumers and businesses.
In addition to an existing breadth of functionality, including origination and processing and state-specific compliance expertise, institutions using the LaserPro software now can realize the benefits of a streamlined paperless workflow. Documents created in LaserPro can be delivered and signed electronically by recipients who are not physically present in the branch or office. This can result in a significant increase in operational efficiency and cost savings. Additionally, documents are automatically printed and mailed if a regulatory deadline is nearing, minimizing the compliance risk for the lender.
“We remain committed to focusing on compliance and increasing the strength of LaserPro,” said Scott Hansen, executive vice president, business development at Harland Financial Solutions. “Our mission is to continue to deliver a best-in-class compliant lending solution that keeps up technologically with the demands of an ever-changing industry, and this expanded alliance with eLynx does just that.”
The companies have an existing alliance surrounding Harland Financial Solutions’ E3® mortgage origination system. eLynx, a provider of eFulfillment solutions to the financial services industry, is very optimistic about the growth of the relationship.
“Given our success with Harland Financial Solutions’ E3 mortgage origination client base, the tight integration with LaserPro was a logical next step,” said Andy Crisenbery, senior vice president, business operations for eLynx. “LaserPro clients now have the ability to deliver, sign, and collaborate on documents via electronic channels using eLynx Expedite. As a result, transactions with customers and third-parties are more efficient, compliance risk is reduced, and document tracking allows for a more thorough and streamlined lending workflow.”
eLynx will be featured prominently at Harland Financial Solutions’ annual client conference, Connections 2013, being held in Nashville, Tenn. August 12-15, 2013.
About Harland Financial Solutions
Harland Financial Solutions, Inc. (www.harlandfinancialsolutions.com) supplies software and services to thousands of financial institutions of all sizes, offering its solutions in both an in-house and service bureau environment. It is a leader in core systems, business intelligence, branch automation, payment processing, enterprise content management, lending solutions, risk management, compliance, financial accounting, mortgage solutions, and self-service solutions. The company is an indirect wholly-owned subsidiary of Harland Clarke Holdings Corp. On July 23, 2013, D+H (Davis + Henderson) announced the proposed acquisition of Harland Financial Solutions from Harland Clarke Holdings Corp. The transaction is expected to close in Q3 2013. For more information, please see www.NewFinTechFuture.com.
eLynx, a portfolio company of American Capital (NASDAQ: ACAS), helps customers in the financial services and real estate industries capture and manage documents and associated data electronically throughout the document life cycle, ensuring compliance with industry regulations, reducing costs, improving workflow efficiency, and automating paper-intensive processes. The company’s expedite® cloud-based platform and network supports a comprehensive suite of on-demand document collaboration, distribution, and connectivity services that can be deployed independently or as a fully integrated end-to-end eMortgage solution. eLynx serves more than 4,000 clients of all sizes worldwide, including 25 of the top 50 U.S. banks and maintains the largest and most comprehensive database of validated real estate agents in the U.S. More than 4 million users have adopted eLynx's enterprise document output solutions. The company was founded in 1994 and is headquartered in Cincinnati, Ohio. It has offices and redundant data and print centers in Cincinnati and Beaverton, Oregon. For more information, visit www.elynx.com.
The information contained in this press release is accurate at the time of publication. However, service offerings and availability, relationships, contacts and other specified information may change over time.