NEW YORK, August 17, 2004 – Reveleus, a business of i-flex solutions and a global provider of business intelligence and analytical applications for the financial services industry, today announced that Reveleus Mortgage Analytics will be deployed at CitiMortgage and CitiFinancial Mortgage Lending businesses to deliver cross-functional analytics across its credit and marketing functions.
As part of the enterprise-wide solution, Reveleus will implement its Mortgage Credit Risk and Mortgage Marketing Analytics. Business users at CitiMortgage and CitiFinancial Mortgage will now be able to easily access pertinent information and analysis relating to the whole life-cycle of customer activity by consolidating data across Originations, Account Maintenance and Collections.
This information will further enable CitiMortgage and CitiFinancial Mortgage to integrate Marketing and Credit Risk analysis which can then be applied in targeted campaigns based on improved risk-enabled customer segment information.
"We are pleased that Reveleus will be able to provide analytical applications to CitiMortgage and CitiFinancial Mortgage Lending businesses," said S. Ramakrishnan, Chief Executive Officer, Reveleus. "This customer win demonstrates the applicability of our business analytic solutions to the U.S. Mortgage industry and more specifically to CitiMortgage and CitiFinancial Mortgage's business needs."
"These business analytic applications will provide them with the dual advantage of speed of deployment and decreased project execution risk," added Ramakrishnan. "In addition, we expect this solution to play an important role in assimilating information needs across their portfolio and business acquisitions in the coming years. We are confident that Reveleus will help further our client's competitiveness in the mortgage industry."