A leading secondary mortgage provider based in the US joined hands with Hexaware to develop a Common Securitization Platform.
The sub-prime housing crisis has made the current standard of risk very weak across the entire mortgage industry. Hence, the client wanted to build a program, resulting in single security for secondary mortgage companies and private mortgage companies and help prevent another financial disaster.
What we achieved for the client
- 15 Different Data Sources
- 700+ Attributes
- $250K in Customer Value Adds realized
- 650+ Informatica Mappings
- 50+ Interfaces Developed
- 16M Records processed/month
- 8 New Customer Value Add Tools created
- 7+ years of historical data handled