News

Sep, 02nd 2011

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"Top-ten" lender chooses Paradatec

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Another household name in the mortgage business has chosen Paradatec to provide an advanced recognition solution for processing incoming mortgage documents. The customer will implement PROSAR-AIDA and associated software to provide document separation, document classification and data extraction for hundreds of thousands of loans per year. The system will pay for itself in hard-dollar labor savings.
"This recent order, together with our position as the de-facto document recognition partner of choice for mortgage solution vendors, is yet another validation of Paradatec's value to the mortgage business" commented Neil Fraser, Director of US Operations at Paradatec. "We were selected from a field of seventeen capture solutions and are delighted to have come out on top".