LANSDALE, Pa., March 10, 2016 – Global DMS, a leading provider of web-based compliant valuation management software, announced that HousingWire has named Global DMS to its 2016 HW TECH100™ list, which recognizes the most innovative technology firms in the housing economy.
HousingWire evaluates technology innovation using six different categories: uniqueness of solution, growth, market influence, market potential, elegance of implementation, and “something else entirely” – a catch-all for disruption and other factors that drive innovation.
In particular, Global DMS’ eTrac® valuation management platform was recognized as a unique innovation due to the workflow engine that resides within eTrac. The workflow engine is driven by configurable business rules that streamlines nearly every aspect of the appraisal ordering and fulfillment process, which other appraisal software systems are unable to accomplish.
Thousands of users have come to rely on Global DMS’ eTrac platform, spanning lenders, appraisal management companies (AMCs), appraisers and other real estate entities. Global DMS integrates with leading loan origination system (LOS) vendors, collateral data analytics firms and other relevant third party providers.
"The companies in the HW TECH100 are providing innovative solutions to the traditionally hide-bound mortgage finance industry," said HousingWire Editor-in-Chief Jacob Gaffney. "In the face of rising costs to originate and service loans, a still-volatile housing market and multiplying regulations, these innovations are crucial to the survival and profitability of those in our industry."
"It's incredible to see the universe of tech options now available to our industry," said HousingWire Magazine Editor Sarah Wheeler. "Some of the best and brightest minds are clearly working in our space to address the extraordinary challenges our industry is facing."
The complete list of honorees can be found at www.housingwire.com/articles/36387-the-2016-hw-tech100.
HousingWire is the nation’s most influential industry news source covering the U.S. housing economy, spanning residential mortgage lending, servicing, investments and real estate operations. The company’s news, commentary, magazine content, industry directories, and events give more than one million industry professionals each year the insight they need to make better, more informed business decisions. Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B2B Banking/Business/Finance category, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International. Learn more at www.housingwire.com.
About Global DMS
Founded in 1999 and headquartered in Lansdale, Pennsylvania, Global DMS is a leading provider of commercial and residential real estate valuation solutions catering to lenders, servicers, AMCs, appraisers and other real estate entities. The company’s solution set is cost effectively delivered on a Software-as-a-Service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process. The product line-up includes its eTrac® valuation management platform, eTrac® Web Forms, Global Kinex®, AVMs and data analytics products, BPO management platform, the Mismo Appraisal Review System (MARS®), ATOM (Appraisal Tracking On Mobile) and AMCmatch.com. For more information, visit the company’s website at www.globaldms.com or call (877) 866-2747.