VisiEscrow

Title & Escrow Platform Re-engineering

Case Study: System Platform Re-engineering

Client: A leading Title and Escrow company

Existing Application

• PowerBuilder (Windows Client Server)
• Java/Sybase EA Server for Web Component
• Fiorano for Middle Ware Solution
• Microsoft SQL Server
• 1,000+ Reports
• Licensed Technology

Gaps in the Existing Application / The Challenges

• No Automated Workflow
• No way to track KPI’s
• No Business Rule Management System (BRMS)
• No Business Intelligence
• Back office application different to web application

Re-engineering Platform Key Objectives

• Create a state of the art, scalable, thin client title and escrow system specifically designed for the Title company and our business processing
• Enable electronic recordation and closing
• Ability to change more radically and dynamically without requiring IT resources
• Leverage Business Intelligence to revolutionize the way we monitor & report on/to employees and external partners
• Monitor Performance and Benchmark Indicators in Real Time
• Build the foundation for future enhancements, including secondary market and electronic signings
• Change the overall dynamics of the industry by setting the standard for what a Title and Escrow Company should provide to its customers

Re-engineering Platform Technology

WebMethods Fabrics

• BPM (Workflows)
• BAM (Process Optimization and Dashboard)
• Composite Application Framework (JSF & Portlet – JSR 168)
• Integration Server (WebServices and Integrations Services – SOA architecture)
• Trading Network (Integration with Business Partners)
• Central Site for Service Governance
• Cognos 8.0 for Reporting

Based on the Frameworks and Application Development by Visionet, our client has received the WebMethods Innovation Award at Integration World 2007 hosted by WebMethods & Software AG.

Impacted Business Lines

• Title Production
• Recording Production
• Vendor Management
• Settlement Services
• Flood and Credit
• Escrow Services
• Appraisal Services
• Compliance

Business Benefits

• Enable electronic recordation and closing
• Create client specific scalable, thin client title and escrow system
• Leverage Business Intelligence
• Real Time Performance Monitoring & Benchmark Indicators
• Future enhancements for secondary market and electronic signings
• Setting Industry Standards for Title and Escrow Company

Number of Users

• Employees : 600
• Clients : 4,080
• Vendors : 5,664

Number of Concurrent Users

• Employees : 500
• Clients : 2,000+
• Vendors : 3,000+

Project Duration

• 18 Months

Project Effort

• 110,000 Hours

Existing Application Line of Code

• 1.7 MLOC