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Advectis Inc. Named Top 100 Mortgage Technology Vendors
Recognition based on demonstrable market share, proven business benefits and excellent technology
ATLANTA, June 6, 2005 – Advectis, Inc., a provider of the most
widely-used solution for electronic mortgage document collaboration,
announced that it has been recognized as a Top 100 Mortgage Technology
Vendor by Mortgage Technology magazine for the second year in a row.
To be eligible for the Top 100 list, vendors had to meet four major
criteria: customer satisfaction, functionality, market share and a viable
revenue model. According to the editors of the publication, “It
is crucial that the vendors on our list have satisfied users and show
the ability to hold them by keeping those customers apace of the technology
deployed by competing lenders. Demonstrating functional value to lenders
is our most important criteria.”
Greg Smith, president and CEO of Advectis, said, “It is an honor to be
named a top 100 vendor for the second consecutive time by Mortgage Technology magazine. This year, many vendors who had been included in the past were no longer
there due to mergers or acquisitions. Advectis strives to surpass the expectations
of our customers every day. Earning this recognition is validation of the company’s
approach to putting customer satisfaction first and offering proven solutions
that enable our clients to succeed.”
In announcing the honor, the publication touted Advectis’ flagship product,
BlitzDocs Enterprise, which is usually provided as a hosted, on-demand
solution and boasts easy implementation and almost no training to use. Its collaborative
electronic loan folder mirrors the paper loan folder and is used throughout the
loan processing cycle.
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