SAN FRANCISCO – JUNE 16, 2014 – Alight, a fast-growing and innovative provider of industry-specific software applications, today announced the general availability of Alight Mortgage Solutions™, its new application for the mortgage lending industry.
“With the input and participation of mortgage-industry leaders and experts, we’re charting a new course for the mortgage lending industry, said Michele McGovern, CEO, Alight. “Our goal is to enable mortgage lenders to achieve top performance through continuous financial optimization and Alight Mortgage Lending is the solution to do just that.
“Customers can use Alight Mortgage Solutions to quickly understand the impact of marketplace events on their financial performance, at anytime, and make immediate decisions,” added McGovern.
Alight Mortgage Lending gives users the ability to quickly and easily plan for future changes and growth opportunities in their business and industry, including:
- Planning for expansion, including the opening of new branches and lines of business
- Clear and up-to-the minute views of cash flow requirements
- Real-time planning for optimal staffing levels
- Deep insights into warehouse utilization
“Alight Mortgage Lending has changed how I work and how I view the entire budgeting and planning process,” said Barbara Lamb, JMAC Lending. “What used to be something you did once a year and then perhaps re-forecasted again once during the year, or maybe quarterly, is now an exercise that can be done anytime. This means firms now can know, in a truly real-time way, how ready their business is for change and shifts in the market.”
Alight Mortgage Lending is a SaaS application, with anytime, anywhere access, including on mobile devices. Alight Mortgage Lending is also available on-premises for those firms that prefer deployed solutions. In either case, customers have full access to the applications broad functionality.
“We’re particularly excited about this launch, as for the first time, mortgage lending firms will have a real-time understanding of the myriad ripple effects that industry changes and events have on their income statements, balance sheets and cash flows. Alight Mortgage Lending will be the tool they use to turn challenges into opportunities,” concluded McGovern.
Alight is a fast-growing provider of industry-specific applications that help firms transform how they view planning and budgeting and make it a constant and relevant part of their businesses. Alight has over 300 customers, across some of the most dynamic and complex industries, including financial services, telecommunications, health care, mining and food and beverage. Alight is committed to helping customers achieve and sustain top financial performance.