February 25, 2017 1:20 PM ET

Software

Company Overview of Wipro Gallagher Solutions, Inc.

Company Overview

Wipro Gallagher Solutions, Inc. provides loan origination software solutions and services for the lending industry, and banks and financial institutions in the United States and Australia. It offers NetOxygen, an enterprise origination and lending platform that automates and manages mortgage/loan processing and fulfillment workflow; and NetOxygen Hosted, a hosted and managed loan origination system. The company also provides Loan Modification, a hosted and managed loan modification platform; and Accelerator, a set of development libraries and automation tools that allow companies to integrate and leverage current assets while using .NET and XML technologies. In addition, it offers IT service...

18001 Old Cutler Road

Suite 651

Palmetto Bay, FL 33157

United States

Founded in 1985

Phone:

305-251-6654

Fax:

866-483-2061

Key Executives for Wipro Gallagher Solutions, Inc.

Head of Operations
Head of Delivery & Operations and General Manager
Head of Product Management and Strategy, Compliance
Vice President of Mortgage Solutions & BFS - Asia Pacific & Japan
Age: 46
General Manager
Compensation as of Fiscal Year 2016.

Wipro Gallagher Solutions, Inc. Key Developments

Wipro Gallagher Solutions Integrates Uniform Closing Dataset into NetOxygen

Wipro Gallagher Solutions announced that its NetOxygen Loan Origination System (LOS) has been directly integrated with Government Sponsored Enterprise (GSE) tools to ensure full compliance with the Uniform Closing Dataset (UCD) in the United States. A required industry dataset based on the Mortgage Industry Standards Maintenance Organization (MISMO) 3.3 standards, UCD allows information on the Consumer Financial Protection Bureau's (CFPB) Closing Disclosure to be communicated electronically, thereby providing accuracy, consistency and clarity on loan transactions. The UCD must be submitted to the GSEs for validation of loans with a note date on or after September 25, 2017. UCD submission must occur prior to Uniform Loan Delivery Dataset (ULDD). The direct GSE integration not only allows NetOxygen users to adhere to industry compliance standards, but also enables them to submit a file from NetOxygen's delivery manager for GSE consumption. NetOxygen also enables the file to be extracted manually for downstream aggregators. WGS ensures client UCD readiness by using Application Program Interfaces (APIs) that connect to both WGS' native and third party imaging solutions.

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Recent Private Companies Transactions

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