Founded in 2002, the client (hereafter referred to as the Company) is one of the fastest-growing mortgage lending and financial services firms in the country. This leading privately held mortgage lending firm provides loan services across one hundred retail branches in 40 states.
Business Challenge
The Company is driven by one core commitment: provide customers with unparalleled quality of service. The Company delivers on this commitment by relying on a series of processes that ensure rapid loan processing and management. However, as leadership prepared for anticipated business growth, it sought to build a new IT platform that would streamline these critical business processes and integrate with their existing retail applications.
The Solution
Prolifics engineered the solution that meets the following criteria:
scalability which ensures growth at all platform layers to meet future business transaction volumes;
visibility which provides real-time insight into loan statuses and troubleshooting needs;
efficiency which enables consistent, accurate management of as many as 50 times more loans.
Answers in Analytics: Portland University Success Study
Problems:
How to streamline budgeting
How to control costs
How to increase student retention
Solution
Portland State University implemented IBM Cognos BI and TMI for control over finances and student retention.
Results
Portland State University now has deeper insight into budgeting and student performance;
It can manage finances to keep tuition costs low.
The role of Prolifics
Prolifics helped PSU structure and automate the university-wide budgeting process;
Prolifics automated integration of Ellucian banner data;
Prolifics extended the solution to include enrollment and tuition revenue planning.
“Prolifics was able to take a budgeting system which was inadequately designed and turned it into a fully functional system which is user friendly, much easier to maintain and incorporates best practices.”
– Robert Naranjo, Business System Analyst/Programmer, Portland State University
Verus Financial is innovating the way insurance companies are measured to meet the expectations of their policies and, most importantly, their clients. Trust comes at a cost, and when you are purchasing life insurance, you want to be sure that the money you leave behind falls in the right hands.
Enter Verus Financial, who developed a sophisticated approach to ensure that a life insurance policy is paid appropriately, and that if no heir remains, the funds are paid back to the state where the policy is held. This approach, which began as a small grassroots effort, has ballooned into a profitable business model. Verus is now planning to partner with each state to ensure that taxes are being corrected accurately. Verus is creating a new business to measure businesses and individuals and audit taxation records to ensure each state is collecting taxes in an optimal fashion.
Transcription
Peter Lee, CTO/CIO of Verus Financial:
The name of the game for us is really to detect, identify, document and follow up all the compliance events so we’re sort of doing forensics work if you will. We actually analyze millions and millions of records. So the only way we can do that is using data analytics IBM has been the business enabler and the foundation for Verus Financial and that is not a…that’s really not a commercial statement. That’s the truth.
We use the IBM software to prepare the data, we run through the statistics, we analyze the data, we detect patterns, we detect abnormal situations or simply normal events or data and so all of those capabilities allow our analysts being able to do their job better and we also can do a much deeper analysis. Prolifics, really I can’t say enough good things because they’re very responsive, they deliver what they say they would and are very helpful. Really, we see them as an integral part of our business planning. For me for example, every technical purchase, every project we, do we involve them.
The retail industry never stands still. From omnichannel shopping to stricter compliance regulations, enterprises face constant pressure to adapt quickly while delivering seamless customer experiences. Yet many retailers struggle with disconnected systems, manual processes, and limited visibility across their operations — challenges that drive up costs and hinder growth.
To thrive in this fast-moving environment, integration is no longer optional, it’s essential. That’s why Prolifics developed the Retail Integration Kit — a flexible framework that unifies applications, data, and business processes to accelerate digital transformation. With end-to-end integration capabilities, enhanced compliance, and adaptability for both off-the-shelf and custom systems, the kit empowers retailers to optimize operations, safeguard data, and respond faster to market shifts.
Let’s make your retail systems work as one. Connect with Prolifics today to start your integration journey.
There are several macroeconomic and industry-wide factors facing mortgage banking, all of which have a significant impact on technology strategies and solutions for retail mortgage banking participants. Properly assessing these trends and aligning a technology strategy to address them will be paramount in ensuring competitive success in the years to come.
Mumbai, IN — Prolifics has been named one of the elite “Dream Companies to Work For” at the 25th annual Times Ascent World HRD Congress.
Prolifics was one of 15 companies honored with this recognition and trophy, out of over 750 India-based nominees. The award cements Prolifics’ place as a preeminent employer that utilizes a global delivery model to create top-quality solutions for clients around the world.
“I am delighted that Prolifics has received this well-deserved award,” said Mark Nechita, Head of Global Human Resources for Prolifics. “This is a testament to our people, who are the key to our success. Without their passion for our clients, we would not be able to achieve the consistent results that have made Prolifics a leading solutions provider.”
The World HRD Congress, sponsored by human resource development and employment opportunity periodical Times Ascent, celebrated its 25th anniversary this year. The event, which encompasses all elements of human resources, saw 208 speakers across 90 sessions, with over 1,400 business leaders in attendance. The awards honor organizations that produce tangible business results through innovative initiatives that promote better HR practices.
Prolifics creates a competitive advantage for organizations around the world by implementing customized, end-to-end IT solutions that achieve business success, leveraging leading technologies in a global delivery model. For more than 35 years, the company’s technology expertise, industry-specific insights and certified technology accelerators have transformed organizations around the world by solving complex IT challenges. For more information, visit Prolifics.
Calabasas, CA — Prolifics, an award-winning global technology solutions provider, has been honored once more with the IBM Cloud – Cloud Transformation Innovation Business Partner Award. This recognition, which highlights an IBM Business Partner’s outstanding growth and performance, solutions, and deep expertise, was presented at the IBM InterConnect 2017 Conference in Las Vegas, Nevada.
“Prolifics is honored to receive this important award,” said Sam Ourfalian, President of Prolifics. “The Cloud is a powerful enabler in the technology landscape today. As early adopters, we embraced the Cloud and the role it can play in innovation with our clients. Prolifics is proud to be recognized by IBM as leaders in Cloud and we look forward to building many more industry leading Cloud based solutions for our clients in the future.”
The Cloud Business Partner Award is just one of many accolades Prolifics has received from its valued partners at IBM. In 2017 alone, Prolifics achieved Platinum Partner Status as part of IBM’s Cognitive-focused PartnerWorld program, which honored Prolifics’ proven capabilities in guiding digital transformations, as well as the 2017 Beacon Award win for Outstanding Software as a Service Solution and Beacon Finalist for Outstanding Solution Developed on Bluemix.
About Prolifics
Prolifics creates a competitive advantage for organizations around the world by implementing customized, end-to-end IT solutions that achieve business success, leveraging leading technologies in a global delivery model. For more than 35 years, the company’s technology expertise, industry-specific insights, and certified technology accelerators have transformed organizations around the world by solving complex IT challenges. For more information, visit Prolifics.
Hyderabad, IN — The World HRD Congress, in partnership with CHRO Asia, has named Prolifics the recipient of the 2017 Telangana’s Best Employer Brand Award.
The award recognizes companies in the Indian region of Telangana that effectively attract, retain, and develop talent while displaying exemplary human resources approaches. Prolifics proved itself by combining its vision with action when it comes to HR and business strategies, as well as building on its competencies to ensure that it is ready to conquer the challenges that the future holds.
“As an organization with a significant history and footprint in Hyderabad, we are honored to be recognized as a human resources leader,” said Sam Ourfalian, President of Prolifics. “We’re always pursuing new frontiers in human resources approaches and technologies to ensure that Prolifics is a great place to work that attracts the best minds in the industry.”
The World HRD Congress, sponsored by human resource development and employment opportunity periodical Times Ascent, celebrated its 25th anniversary this year. It issues a range of awards that honor organizations that produce tangible business results through innovative HR initiatives.
About Prolifics
Prolifics creates a competitive advantage for organizations around the world by implementing customized, end-to-end IT solutions that achieve business success, leveraging leading technologies in a global delivery model. For more than 35 years, the company’s technology expertise, industry-specific insights and certified technology accelerators have transformed organizations around the world by solving complex IT challenges. For more information, visit Prolifics
Prolifics has been recognized as a Level 5 Development organization by the Capability Maturity Model Integration (CMMI) Institute for Certification.
CMMI is a widely recognized framework that contains best practices for process improvement.
CMMI-DEV is the institute’s top tier of framework effectiveness and compliance in regard to product development.
This certification (along with the CMMI-SVC services certification, which Prolifics has held since 2015) helps prove Prolifics’ mastery of building effective products while also helping organizations set and attain improvement goals. The certifications cement Prolifics’ status as an ongoing leading provider of development, management, and delivery of products and services.
