Case study: Internet B2B service provider
Lending Technology Services (LTS) - B2Bi Service Provider
LTS have been a MXC Partner Service Provider (PSP) since 2004. In that time, they have successfully built an out-sourced mortgage processing and financial services business. They have used MXC to underpin their operations and on-sell its services to their customers. The key points are:
- LTS is a leading technology services provider for hosted and in-house mortgage processing
- They are a MXC Partner Service Provider (PSP) and have been in production for two years
- Their customers generate 8,000-10,000 messages per month and this is increasing
- They have contributed significantly to the development of the Lending Industry XML Initiative (Lixi)
Ease Of Use
- LTS has connected a range of partners in the mortgage process value chain including: solicitors, valuers, insurance companies, lenders, credit agencies and others
- They have done all the development, configuration, monitoring and management – LTS and some of their customers manage all their messaging through MXC’s unique web design interface
Benefits are:
- LTS maintain all their customer relationships and draw revenue from providing their outsourced service, messaging and professional services to those customers
- They focus on the Business Information Processing side of electronic messaging with their customers rather than the lower level and specialized technical aspects of messaging
- LTS have complete control over their design, development, testing, and operational support of the business and messaging processes
