SAN FRANCISCO--(BUSINESS WIRE)--Capsilon, a provider of comprehensive cloud-based document management solutions for mortgage lenders and investors, has been named a Top 50 Service Provider by Mortgage Technology for the fourth year in a row. The magazine’s annual list recognizes vendor achievement in four categories: continued advancement of technology and services, viable revenue model and value proposition, exceptional customer service, and unique impact on the mortgage industry.
“To be named a Top 50 Service Provider for the fourth year in a row is a special honor,” said Sanjeev Malaney, chief executive officer and co-founder of Capsilon. “Our mission is to provide innovative technology that transforms the way mortgage lenders do business by increasing operational efficiencies, reducing costs, and enhancing compliance. This recognition demonstrates that we are delivering on that promise with our DocVelocity solution.”
Capsilon was selected because the company demonstrated continued advancement of technology and services with the latest release of its DocVelocity® document imaging and collaboration platform. The newest version of DocVelocity includes batch delivery capabilities, enabling users to package and deliver documents from many loan folders at the same time, increasing efficiency and reducing costs. The DocVelocity desktop application now has an advanced printer driver, local page-caching, and accelerated page streaming and image capture, all of which speed the capture, retrieval and viewing of mortgage documents. Capsilon also released a new version of its DocVelocity Mobile Application that provides on-the-go mortgage professionals secure access to loan documents in DocVelocity.
The Top 50 Service Providers list puts particular emphasis on a mortgage industry vendor’s achievements of the past 12 months, April 2013 to March 2014. During that time, Capsilon also introduced a Network Delivery capability which gives users the ability to deliver secure, compliant loan packages to leading GSEs and financial institutions. DocVelocity users can now deliver a single loan, or a group of loan packages, for batch delivery to seven flagship institutions including major investor institutions Chase, Citibank, Flagstar Bank and Wells Fargo Bank, as well as government institutions Fannie Mae, Freddie Mac and the Federal Housing Authority.
"The customer service and regulatory compliance demands placed on mortgage lenders and servicers are greater than they've ever been before, and the industry relies on its technology vendors to help it meet these expectations," said Austin Kilgore, editor of Mortgage Technology magazine and managing editor of its sister publication, National Mortgage News. "The companies named to the 2014 Top 50 Service Providers list have proven themselves worthy of this complex and ongoing challenge."
Capsilon provides comprehensive cloud-based document management solutions that enable mortgage lenders and investors to increase productivity and lower costs, while ensuring compliance. The company’s flagship product, DocVelocity®, is an imaging solution that provides document capture, collaboration, delivery and retention, eliminating the inefficiencies inherent in paper-based processes. Capsilon serves many of the mortgage industry’s most innovative lenders, including two of the 10 largest residential mortgage lenders in the United States. For more information, visit www.capsilon.com.
DocVelocity® is a registered trademark of Capsilon Corporation. All other marks are the property of their respective owners.