Ellie Mae Announces Encompass Data Connect
Solution Turns Data Into Insights and Insights Into Actions
Encompass Data Connect gives lenders access to their standard and custom loan data fields in near real-time, empowering them to make timely, data-driven decisions to dramatically increase the velocity, efficiency and effectiveness of their business operations and realize significant competitive advantage. Lenders will be able to securely access their cloud-based, encrypted* data at any time and from anywhere, to fully maximize the utility of existing reporting and business intelligence, gain actionable data insights faster to create innovative business opportunities and drive profitability.
Encompass Data Connect leverages Amazon Web Services (AWS) and their proven cloud services expertise to ultimately reduce labor costs and the complexities of data management.
Specifically, Encompass Data Connect gives lenders:
- Near real-time data access to all standard and custom fields
- A standard query interface to all data for easierdataaccess
- High performance by decoupling data from Encompass so your production system is not impacted
- *High security by encrypting Personally Identifiable Information (PII) fields
- Simplified data management by leveraging Ellie Mae’s cloud solution
- Fewer manual steps by handling all schema changes
“Prior to the launch of Encompass Data Connect, lenders would spend
significant time orchestrating data synchronization between their
production system and their data warehouse. And without having the
ability to bring all data elements together, from Encompass and other
critical data sources, lenders didn’t have the full and complete
information available in a single repository to better inform business
decisions,” said
Ellie Mae’s Encompass® digital mortgage solution helps lenders succeed in today’s highly competitive, highly regulated market. The solution is fully connected so lenders have one system of record for loan data and provides an all-in-one solution for compliance, quality and efficiency at every loan stage. Ellie Mae’s Connect solutions are built on the Encompass NG Lending Platform and utilize APIs to help improve visibility and collaboration between loan officers, homebuyers, third-party originators and developers.
For more information about Encompass Data Connect, visit: https://www.elliemae.com/encompass/encompass-data-connect
About Ellie Mae
© 2018 Ellie Mae, Inc. Ellie
Mae®, Encompass®, AllRegs®,
the Ellie Mae logo and other trademarks or service marks of
View source version on businesswire.com: https://www.businesswire.com/news/home/20180320005565/en/
Source:
Ellie Mae, Inc.
Erica Harvill, 925-227-5913
Erica.harvill@elliemae.com
or
Allison+Partners
Alexandra
Gardell Kreuter, 646-428-0618
EllieMae@allisonpr.com