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DataSynapse Teams with Hanover.(Brief Article)

Mortgage Servicing News

| August 01, 2003 | COPYRIGHT 2003 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

DataSynapse, a provider of self-managed, grid computing software, and HanoverTrade have unveiled an integrated, grid-enabling version of the Hanover/Busch Analytics portfolio valuation technology. The companies said that one large financial institution has already deployed the joint offering.

The companies said that the integration will permit calculations to be done more quickly, valuing portfolios of up to five million loans daily.

Peter Lee, CEO of DataSynapse, described Hanover/Busch Analytics as a market leader for mortgage valuations.

"We are delighted ...

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Source: HighBeam Research, DataSynapse Teams with Hanover.(Brief Article)

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