Genpact Launches New MOS Platform

The mortgage industry is gaining a new technology tool targeting streamlined loan processing for originators and lenders. Launching the Quantum Mortgage Operation System, ""Genpact Limited"":www.genpact.com/ is now offering a platform for real estate and banking professionals.

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Genpact, a technology company specializing in business processing and management solutions, will provide automation for major elements of the mortgage origination cycle through Quantum. In an official statement, Genpact noted that the ""platform's use of data eliminates the silos between origination,

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closing and secondary marketing, enabling lenders to work on each loan file simultaneously.""

The Quantum program encompasses automated decisioning and quality checking, efficient processing, and enhanced analytics. Through its new data-centric approach, Genpact hopes to help clients shorten the timeline for processing originations, create a more transparent mortgage cycle, reduce risk, and attain more accurate underwriting.

""Quantum MOS is a truly customizable lending solution, offering functionality as a comprehensive platform with the ability to scale services to fit the specific needs of the lender, all while lowering costs and significantly reducing manual work and risk,"" said Roger Hull, vice president of technology for Genpact.

Adding his commentary, Genpact's president, Matt Woods, stated, ""Our end-to-end mortgage operations system brings together an incredibly streamlined mortgage process using Genpact's SEPSM framework with smart technology, further strengthening our comprehensive mortgage services capabilities for our clients. As a business process as a pervice (BPaaS) offering, we are leveraging our mortgage processing expertise and analytical insights with flexible technology.""