California-based LRES [1], a national residential and commercial financial services provider, announced the latest version of their DirectConnect framework. This release allows the user’s technology to connect seamlessly to the LRES Link platform, which is a proprietary order management system designed to speed up the valuation ordering process.
Normally the process takes four to six months for a successful systems integration, and now it will only take two to four weeks. According to the company, the release is flexible enough to allow any third party provider of appraisal and property valuation services can connect to any financial institution.
“Our latest version of DirectConnect offers mortgage lenders, bankers, credit unions, and other financial institutions a comprehensive yet practical solution for ordering and delivering property valuations,” said Roger Beane, CEO of LRES. “The benefits of using this technology can be leveraged into a competitive advantage by organizations that value automation, speed, efficiency and accuracy in an increasingly competitive marketplace.”