ANALYSTS

Mortgage Technology
ILOG among top 25 vendors
ILOG’s success in the mortgage space, with 25 customers in five year, has earned the company a place on Mortgage Technology’s new list of top 25 mortgage solution vendors.

Mortgage Technology keeps decision makers in the mortgage industry informed of the latest technologies for their industry through a monthly publication and website (www.mortgage-technology.com). To provide more accurate information on the top vendors this year, Mortgage Technology focused on the top 25, which supply a range of solutions.

ILOG was included for having met Mortgage Technology’s criteria for customer satisfaction, functionality, market share and viable revenue.

“Demonstrating functional value to lenders is our most important criterion,” write Anthony Garritona and Scott Kernar of Mortgage Technologies. “It is crucial that the vendors on our list have satisfied users and show the ability to hold them by keeping those customers apace of the technology deployed by competing lenders.”

ILOG is a leading provider of business rule technology for loan and credit decisioning applications used by leading mortgage institutions, including Freddie Mac, Ameriquest Mortgage Company and CitiMortgage.

The Mortgage Industry Standards Maintenance Organization (www.mismo.org) recently awarded MXCompliance certification to ILOG JRules, making it the first business rule management system to meet the organization’s standards for XML data exchange.