Equinox Announces iGPM For Mortgage Bankers

Equinox, the business process outsourcing arm of i-flex solutions, has launched iGPM (i-flex Global Processing Model), a fully managed end-to-end electronic loan processing solution for mortgage bankers.

iGPM claims to make lending completely paperless while automating workflow of all tasks in the loan origination process. iGPM is based on image driven work flow technology and a rules engine that allows mortgage bankers to leverage distributed processing for end-to-end loan fulfillment.

Don Ganguly, CEO of Equinox says, "iGPM will revolutionise the way mortgage lenders process and service loans and they will realise a significant increase in productivity and reduction in processing costs."

Arin Brahma, EVP - Equinox and architect of the iGPM vision believes, "iGPM's comprehensive capabilities enable real-time dash boards, intelligent workflow management, imaging and configurable business rules. iGPM's rules driven electronic work queues eliminate inter process wait times. This leads to rapid condition clearing and faster response to brokers and consumers.”

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This fully managed end-to-end loan processing solution includes origination processing post closing, and servicing processes. It additionally offers day-to-day management of all loans and monitoring through a high-end, secure software environment. It can work seamlessly with the lender's current Loan Origination System.