AmTrust Bank recently announced they have selected KeyMark Inc to execute their latest technology implementation: a fully integrated document capture and classification system. AmTrust has consistently been acknowledged by Mortgage Technology Magazine for their use of technology in the mortgage lending industry. Most recently they were selected as one of the magazine’s top 25 Tech-Savvy Lenders.
“We are very excited to embark on this relationship with KeyMark,†said Jon K. Baymiller, Executive Vice President of AmTrust Bank. “This decision is consistent with our strategic direction to streamline business processes, shorten cycle times, and further reduce our loan acquisition costs by deploying smart technology solutions across all major aspects of the mortgage banking business.â€
In its nearly 120-year history, AmTrust has grown from a local savings and loan with an office in Cleveland, Ohio, to one of the 20 largest mortgage lenders in the country. As the preeminent leader in mortgage technology, AmTrust’s e-Vision began in 1999 with the deployment of Gemstone, the bank’s award-winning business-to-business website. Gemstone efficiently integrates most loan processes and offers the ultimate in control, speed and ease for the Correspondent/Broker. With KeyMark, a leader and innovator in document capture, management and workflow processes, AmTrust will have the ability to automatically identify and process mortgage loan documents as soon as they receive them. The KeyMark solution will improve efficiency, accuracy, reduce costs, and shorten the amount of time it takes to handle loan documents. Additionally, this technology will aid in mortgage fraud detection and prevention. KeyMark’s solution incorporates Kofax’s Advanced Capture technology for document classification and utilizes the Fujitsu 4099, 4097 and Kodak i610 scanners AmTrust already had for a fully automated end-to-end process.
“This is a testament to AmTrust’s strength,†commented Ed McQuiston, KeyMark’s VP of sales. “At a time when most banks are cutting spending, AmTrust is continuing its commitment to the progressive use of technology that will save them a significant amount of time and money associated with loan processing. This implementation will allow them to continue to grow their volumes, while avoiding hiring extra personnel as well as improving the speed and accuracy of their loan processing system. They will be servicing more customers more efficiently.â€
via KeyMark
VidiStar LLC will receive an investment today from SCRA affiliate SC Launch! VidiStar provides physicians with an affordable, easy to use solution for their clinical practice. VidiStar’s online reporting system conforms to the Digital Imaging and Communications in Medicine (DICOM) structure reporting standard which auto-populates complex data from imaging devices, such as ultrasound machines, into customized reports for efficient processing and reporting. VidiStar’s cost-effective technology allows physicians and heath care providers to quickly review and interpret diagnostic studies, such as echocardiograms or fetal ultrasounds scans, from their office or anywhere in the world using a secure Internet connection – regardless of a physician’s location.
BP Barber, one of the oldest and largest civil engineering firms in the Southeast, announced today its plans to double the size of its Upstate base of operations in Greenville County in order to better serve its expanding client base in the Upstate. The growing firm had moved into the existing space in June of this year, when it announced its plans to add 25-35 full-time employees at the Greenville County location over the next three to five years.
Michelin has developed a new lunar wheel for the next generation of NASA moon rover vehicles. The structurally supported tire and wheel assembly, made of breakthrough composite materials, was jointly developed at Michelin’s European and North American research centers. This unique innovation will help Michelin meet NASA’s mobility challenges for manned and un-manned moon missions planned for the coming decade.
Nikon Instruments Inc. has provided an in-kind donation of microscopy equipment to help Clemson University’s College of Agriculture, Forestry and Life Sciences biological sciences department start a new core microscopy facility. The facility will be the first of its kind in the Southeast, equipped with one of the most technologically advanced systems Nikon Instruments Inc. has installed anywhere in the United States.
















