eSignLive Named to Mortgage Technology's 2004 Top 100 Technology Vendors List
Montreal, QC, June 11, 2004 — Thompson Media’s Mortgage Technology Magazine has named Silanis Technology to its 2004 “Top 100 Mortgage Technology Vendors” List. This list, published each June, features 100 firms that have demonstrated leadership in market share, proven business benefits, and excellent technology in the mortgage banking market.
To be eligible for the Top 100 list, vendors had to meet four key criteria: customer satisfaction, functionality, market share and a viable revenue model.
”This year, we concentrated on listing only those companies that actually provide technology - either on a licensed or hosted basis - to the mortgage lending community," said Scott Kersnar, Mortgage Technology editor.
Silanis was recognized in the article for its significant involvement in developing standards for the mortgage industry through its participation in the Mortgage Information Standards Maintenance Organization (MISMO) and its support of the Mortgage Electronic Registration System (MERS) eNote Registry.
“The mortgage market is the most tightly regulated and paper-bound industry in North America, yet is it also one that will benefit greatly from automating the review, signing and delivery of mortgage documents,” said Richard L. Warren, chief executive officer of Silanis. “Both mortgage lenders and consumers will see phenomenal benefits from eMortgages, and as a market leader, Silanis is committed to participating in the development of standards that will allow this to happen.”
With market-leading customers and partners such as Stewart Title, ACS, and eLynx, Silanis is the only vendor that delivers proven solutions for automating approvals and document control throughout all phases of the mortgage process. Silanis has a broad suite of compatible solutions, including products that are used today by consumers to deliver, review, and sign mortgage application documents over the web. As well as solutions for electronic mortgage closings, straight through to solutions that lenders and document custodians use to manage the e-vaulting of mortgage notes, and the transfer and delivery to investors through the MERS National eNote Registry. Silanis solutions support MISMO standards including SMARTDocs and the Mortgage Bankers Association’s (MBA) Secure Identity Services Acreditation Corporation (SISAC). Silanis also worked on the drafting of the Standards and Procedures for Electronic Records and Signatures (SPeRS) which has been adopted by the MBA as its legal standard for the electronic signing and management of e-mortgage documents.
To view the complete list of “Top 100 Mortgage Vendors”, visit: http://www.mortgage-technology.com/plus/top100/
Silanis Technology is the leading provider of solutions that automate the Business Approval Process. The company’s award winning desktop and server-based solutions leverage electronic signature and approval technology to achieve total automation. With over 1,000 customers across government, mortgage, auto finance, insurance, banking and FDA regulated industries, Silanis has over a decade of experience in developing and delivering solutions that work the way organizations do. Government customers include NIH NIAID, USPS OIG, US Mint, and an enterprise license with both the US Joint Chiefs of Staff and the US Army.