Press release from CNW Group
ATB Financial chooses D+H technology solutions to manage its mortgage business
Tuesday, August 13, 2013
ATB Financial chooses D+H technology solutions to manage its mortgage business16:30 EDT Tuesday, August 13, 2013
D+H's innovative technology will provide largest Alberta-based financial institution with simplified mortgage processing, improved responsiveness and better workflow management
TORONTO, Aug. 13, 2013 /CNW/ - Davis + Henderson Corporation (TSX:DH) announced today that ATB Financial, the largest Alberta-based financial institution, has selected D+H's full suite of mortgage technology solutions to help it serve its more than 635,000 customers. Under the terms of the agreement, ATB will use D+H Expert to accept mortgage applications through its broker, agency and mobile channels, D+H Express for its mortgage underwriting activities and D+H Exchange for secure and flexible document management.
"ATB is 75 years old this year, and while banking technology of today would be unimaginable to the folks back then, one thing hasn't changed -- our drive to deliver the highest value to our customer," said Rob Bennett, ATB Financial's Executive Vice President of retail financial services. "We reviewed what was available in the market and came to the strong conclusion that D+H's suite of integrated mortgage technology solutions is the best choice for ATB. D+H has designed their solutions with our salespeople and customers in mind, enabling ATB to provide our customers with the very best service and to fulfill our ambition to become Albertans' first choice for the financial services and advice that matter most to them."
"We are very pleased to welcome ATB Financial to the growing list of customers who have chosen D+H's industry-leading products, services and innovative technology to help them meet the mortgage needs of their customers," said Serge Rivest, D+H's Executive Vice President and head of its Canadian mortgage technology business. "ATB's selection of D+H to help them grow their lending business reinforces our own goal of becoming the leading trusted North American provider of financial technology solutions that help clients grow, compete, and optimize their operations."
D+H is a North American market leader in mortgage technology, delivering a range of solutions for mortgage origination and underwriting. D+H solutions offer 24/7 access to ensure that transactions can be processed in real-time and provide for broker/lender collaboration by automatically transferring mortgage origination requests into underwriting systems.
"D+H Expert, D+H Express and D+H Exchange allow originators to process mortgages more efficiently by providing a simplified processing solution for their sales force, improved responsiveness through real-time updates to statuses and conditions, and better workflow management," said Mr. Rivest. "By choosing D+H's innovative technology, ATB has enabled all of their mortgage channels with one, integrated solution that will streamline their operations and enhance the customer experience."
About ATB Financial
ATB Financial is the largest Alberta-based deposit-taking financial institution, with assets of $33 billion. It offers retail financial services, business and agricultural financial services, corporate financial services, and investor services to more than 635,000 Albertans and Alberta-based businesses in 242 communities in the province.
For more information about ATB Financial, visit www.atb.com
D+H is a leading provider of secure and reliable technology solutions to North American financial institutions with a reputation for being a trusted partner that helps clients build deeper, more profitable relationships with their customers based on rich industry and market insight, and consumer knowledge. Our integrated, compliant technology solutions enable clients to grow, compete, and optimize their operations, while our forward looking approach helps them stay ahead of the market and anticipate changing consumer needs.
Today, more than 1,700 banks and credit unions across North America rely on D+H to deliver solutions across three broad service areas: Banking and Lending Technology, Lending Processing Solutions, and Payments Solutions. The acquisition of Harland Financial Solutions, and its complementary product suite, will enhance D+H's position as a North American financial technology ("FinTech") provider, increase our current client base to 6,200 banks and credit unions, expand our capabilities as a leader in lending and compliance solutions, core banking technology solutions and channel solutions, create significant cross-selling and revenue synergies, improve diversification and provide further support for our growth strategies.
In 2012, D+H rose to 35th on the FinTech 100, a ranking of the top technology providers to the global financial services industry, and is ranked 24th on the 2013 Branham 300, a listing of the top Canadian ICT companies. For more information about D+H, please visit www.dhltd.com.
SOURCE: Davis + Henderson Corporation
For further information:
Melissa Dinsmore, D+H
Hill + Knowlton Strategies, for D+H
Brian Kyle, D+H