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AccessMyLibrary    Browse    M    M2 Presswire    JAN-05    With WRQ, Countrywide Global Home Loans speeds time to market for financial services providers; Countrywide unlocks new revenue opportunities from host assets; Reduces IT development time by 87 percent, from two years to three months.

With WRQ, Countrywide Global Home Loans speeds time to market for financial services providers; Countrywide unlocks new revenue opportunities from host assets; Reduces IT development time by 87 percent, from two years to three months.

Publication: M2 Presswire

Publication Date: 19-JAN-05
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COPYRIGHT 2005 M2 Communications Ltd.

M2 PRESSWIRE-19 January 2005-Pleon: With WRQ, Countrywide Global Home Loans speeds time to market for financial services providers; Countrywide unlocks new revenue opportunities from host assets; Reduces IT development time by 87 percent, from two years to three months(C)1994-2005 M2 COMMUNICATIONS LTD

RDATE:01192005

LONDON - WRQ, Inc. today announced that Global Home Loans, Ltd., a subsidiary of Countrywide Financial Corporation (NYSE: CFC) and Barclays Bank / The Woolwich, is harnessing the power of WRQ host access and legacy integration solutions to speed time to market of its outsourcing services and joint ventures. Using WRQ Verastream software, Global Home Loans created web services from legacy applications that cut customer loan processing times from two years to three months. Also, by combining these web services into a new...

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