Fidelity and Partners Offer Automation North of the Border.(Filogix)(Paradigm Quest)

Jacksonville, FL -- Filogix, a provider of mortgage and real estate-related products, and Fidelity Information Services, a division of Fidelity National Financial, have teamed up to help Paradigm Quest, Canada's newest mortgage outsourcer, offer an end-to-end mortgage automation service in Canada.

FIS and Filogix partnered to deliver an integrated end-to-end mortgage processing solution in an application service provider environment, offering financial institutions a comprehensive solution that can service all channels involved in the mortgage application process.

Filogix provides front end support, while FIS provides the complete end-to-end servicing solution, facilitating cost-effective management of the entire mortgage process. As a result, financial institutions realize benefits including real time, paperless mortgage brokering, processing and servicing.

Using the FIS/Filogix solution, Canadian financial institutions benefit from significant capital and labor cost savings, as well as the commitment of these two companies to deliver continued improvements and combined solutions.

"Paradigm Quest is thrilled to be the first mortgage business process outsourcing solution to take advantage of the Filogix and FIS partnership," said Kathy Gregory, president and chief executive officer, Paradigm Quest, in a news release. "After carefully researching the system solutions options in the marketplace, we selected both Filogix and FIS, as they offer an incredible depth of experience and expertise in the mortgage industry. This solution clearly supports our key objective of providing superior service levels for our clients."

"We are excited to leverage both Filogix and FIS's industry-leading technologies to help Paradigm, one of the newest ...