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Alight and Advantage Systems Announce Partnership

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SAN FRANCISCO – JULY 9, 2014 –Alight, a fast-growing and innovative provider of industry-specific software applications, and Advantage Systems, a provider of accounting and financial management tools for the mortgage industry, today announced the formation of a strategic partnership to bring a new level of financial awareness and optimization to mortgage lending firms.

“By forming this strategic partnership and integrating elements of our solutions, we’ll bring mortgage lending firms a different and more powerful way to manage their financial performance,” said Michele McGovern, CEO, Alight. “The strengths of the AMB system and its ability to deliver an extremely clear picture of a firm’s current financial picture and Alight’s ability to optimize financials for any changes coming in the future, is an unbeatable combination.”

“Our AMB solution enables lenders to fully automate their accounting processes, drill down to loan-level details and measure profitability by branch, by loan and by loan officer in real time,” said Brian Lynch, president of Advantage Systems. “When you couple that with Alight’s ability to run real­-time scenarios to power decision making, mortgage lending firms have an incredibly powerful way to optimize their businesses and ultimately make more money.”

The partnership between Alight and Advantage Systems commences immediately. Both companies will be detailing the benefits of the partnerships to existing customers and prospects. Firms interested in learning more can contact Mark Burner, [email protected].

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