LANSDALE, Pa. and HONOLULU, Hawaii, Sept. 30, 2014 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of Web-based compliant valuation management software, and Collateral Analytics, a leading provider of real estate analytics and valuation products, announced that the two companies have been named finalists for Mortgage Technology magazine's annual Synergy Award.
According to the magazine, the Synergy Award recognizes technology initiatives and alliances that promote integration of software and processes to facilitate automation, efficiency and broad mortgage industry use.
Global DMS and Collateral Analytics emerged as contenders as a result of a strategic alliance that integrated various components of their respective valuation software solutions. A seamless interface was developed that allows users working within Global DMS' eTrac valuation management platform to easily access Collateral Analytics' products and services, which includes its automated valuation model (AVM) services, data analytics products and risk management solutions.
"It's an honor to be recognized by Mortgage Technology magazine as a finalist for its prestigious Synergy Award as a result of the work we accomplished with Collateral Analytics," said Vladimir Bien-Aime, president and CEO of Global DMS. "Teaming with Collateral Analytics enables us to deliver sophisticated data analysis capabilities that produce precise valuation reports, market analytics and risk scores for our mutual clients."
"There is a lot of data that is hard to access which can be applied to produce accurate property valuations and detailed reporting in today's highly fluid mortgage market," stated Michael Sklarz, president and CEO of Collateral Analytics. "Partnering with Global DMS provides market intelligence that creates newfound efficiencies, delivers greater accuracy, reliability, cost reductions and time savings. We are very pleased to be considered for Mortgage Technology magazine's Synergy Award."
The winner will be announced at the 15th annual Mortgage Technology Awards Ceremony hosted by SourceMedia at the MBA Annual Convention and Exposition in Las Vegas, Nevada on October 19. Mortgage Technology magazine's 2014 finalists in each of its twelve categories are can be found on the magazine's website at http://www.mortgage-technology.com/ .
About Global DMS:
Founded in 1999 and headquartered in Lansdale, Pennsylvania, Global DMS is a leading provider of commercial and residential real estate valuation solutions catering to lenders, servicers, AMCs, appraisers and other real estate entities. The company's solution set is cost effectively delivered on a Software-as-a-Service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process. The company's solutions include its eTrac valuation management platform, eTrac WebForms, Global Kinex, AVMs, the MISMO Appraisal Review System (MARS) and AMCmatch.com. For more information, visit the company's website at http://www.globaldms.com/ or call (877) 866-2747.
About Collateral Analytics:
Collateral Analytics (CA) develops analytic products and tools to support financial institutions, retail and institutional investors and real property capital market activities. Founded by Dr. Michael Sklarz, CA empowers its partners, investors and clients through cutting-edge technological innovation that provides greater and faster access to reliable information that professionals need to make critical decisions. CA is committed to building and delivering the most advanced and innovative AVM models, premiere collateral and mortgage risk tools and related products that incorporate CA's proprietary and sophisticated analytics to a wide range of real estate related databases. To learn more, visit http://www.collateralanalytics.com/ .
Profundity Communications, Inc.
Collateral Analytics, LLC
Darlene Swain, SVP of Collateral Risk
NEWS SOURCE: Global DMS :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by Send2Press® Newswire, a service of Neotrope®. Original syndication source of this press release: https://www.send2press.com/newswire/global-dms-collateral-analytics-named-joint-finalists-mortgage-technology-magazine-synergy-award-02014-09-0930-009.shtml.