Visionet Systems Opens New Mortgage Business Process Outsourcing Center in India
Filed in archive Outsourcing News on January 25, 2006
Visionet Systems has opened a new BPO center (30,000 square foot with a capacity for 600 processors) in Bangalore, India.
The company's newest facility has multi-country capabilities and provides unmatched redundancy and risk aversion to the mortgage industry. The unit focuses on loan review, underwriting verifications, lien release, default management and investor accounting to mortgage lending and servicing organizations.
Arshad Masood, president of Visionet Systems, said, "With seven of the top ten banks using our solutions to drive outsourcing, Visionet Systems is focused on delivering mortgage-specific technology products that bring visibility to the outsourcing process. Lenders today are looking for ways to lower their costs and increase efficiencies. Our combination of industry expertise, technology solutions and offshore centers not only lowers the cost for lenders, but also assures continuous integrated improvements moving forward."
Image Source: www.visionetsystems.com
Tags: outsourcing visionet business india process visionet+systems business+process process+outsourcing
Vote for Visionet Systems Opens New Mortgage Business Process Outsourcing Center in India:
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Rating: 8.50 out of 4 vote(s) cast.
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Response from:
Vijayalakshmi.K
(10/24/06 10:30pm)
Cranbury, N.J.-based Visionet Systems - Looking for your Indian Job oppurtunities. Mortgage underwriter with 3 yrs of experience.
Response from:
Vijayalakshmi
(10/24/06 10:32pm)
Cranbury, N.J.-based Visionet Systems - Looking for your Indian Job oppurtunities. Mortgage underwriter with 3 yrs of experience.
Response from:
Irfan
(02/19/07 4:47am)
Its good to see Visionetsystems getting its branch open in India.
Response from:
apparel_user
(03/28/08 1:04pm)
see also http://www.vsiapparel.com/
Response from:
Mortgage calculator
(06/20/08 5:26am)
Flexibility and efficiency is what we need, Visionet Systems understand that very well and acts accordingly. Let's hope better times will come for mortgage industry.
Response from:
BPO Services
(10/16/08 2:30am)
The matter seems to be good
Regards
SBL - BPO Services
Regards
SBL - BPO Services
Response from:
hard money loans
(12/22/08 12:07pm)
Economy is a term of social science which is known to all of us. If we talk about Indian economy, then it occupies the 12th place in the biggest economies of world in terms of USD exchange rate. India has the GDP of $ 1 trillion. In spite of the declaration of World Bank as the low-income economy, India has emerged as the second fastest economy in the world. India has recorded the GDP growth rate of 9.1 percent. Many countries in the world still feels that India is an underdeveloped nation but the real fact is that it is one of the biggest industrial giants.
These days India is not only confined to its traditional sector i.e. agriculture. With the sharp Indian minds economy in India is entering and gaining boost in the new fields. Indian minds are respected all over the world and this is the reason Indian are working as top officials in various sectors outside India. The emergence of Indian economy as the second fastest growing economy has opened various gates for India to start global trading. Indian economy is now engaged in agriculture, handicrafts, manufacturing, IT, BPO, aviation, textile, petroleum and mining etc.
More recently Indian economy has grown very vast with the foreign investment. India is serving major new fields and in some sectors leading indisputably. India is providing business and services to various other major economies. The recent sectors that have shown strong potential with high growth rates are BPO, Telecommunication, IT, Finance, Biotechnology, Nanotechnology, Aviation, Travel and Tourism, Media and Entertainment, Retailing and many more.
Today major corporate and other government departments have come up with the new financial plans and led to the growth of Indian economy. India has also experienced infrastructural growth more recently. Various industrial giants in the world are collaborating with Indian companies to get the growth of the business. All these economic activities are forming a ground affirmation for India to make it the biggest economy in the world.
These days India is not only confined to its traditional sector i.e. agriculture. With the sharp Indian minds economy in India is entering and gaining boost in the new fields. Indian minds are respected all over the world and this is the reason Indian are working as top officials in various sectors outside India. The emergence of Indian economy as the second fastest growing economy has opened various gates for India to start global trading. Indian economy is now engaged in agriculture, handicrafts, manufacturing, IT, BPO, aviation, textile, petroleum and mining etc.
More recently Indian economy has grown very vast with the foreign investment. India is serving major new fields and in some sectors leading indisputably. India is providing business and services to various other major economies. The recent sectors that have shown strong potential with high growth rates are BPO, Telecommunication, IT, Finance, Biotechnology, Nanotechnology, Aviation, Travel and Tourism, Media and Entertainment, Retailing and many more.
Today major corporate and other government departments have come up with the new financial plans and led to the growth of Indian economy. India has also experienced infrastructural growth more recently. Various industrial giants in the world are collaborating with Indian companies to get the growth of the business. All these economic activities are forming a ground affirmation for India to make it the biggest economy in the world.
Response from:
BPO Provider
(03/04/09 1:15am)
That's a good news. In spite of the global financial crisis, BPO companies remains strong and competitive in the world of business. Companies with good management and optimistic will have a good chance in overcoming this obstacle.
Response from:
offshore
(04/14/09 9:56pm)
Good blog.Thanks for this info.
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