CU Picks WellFound Integration System

WellFound Decade Corp., Jacksonville, Fla., has announced that Alaska USA Federal Credit Union is deploying WellFound Decade's Mortgage Integration Foundation to integrate its systems.The implementation marks a shift in strategy for Alaska USA, which had originally sought to deploy an end-to-end loan origination system, WellFound said. "Alaska wanted to deploy technology for its member-direct channel, a [point-of-sale] system for its originators, and wanted to automate the MERS registry," said Brian Fitzpatrick, president of WellFound Decade. "With the Mortgage Integration Foundation providing the integration architecture for all systems, they no longer had to invest into integrating all these components to an LOS system which might be replaced or upgraded in the future." The main components for the implementation are scheduled to be in place within 120 days of initiating the project. "We can integrate systems much faster than anyone else in the mortgage industry because we have already built adaptors to most of today's leading IT systems," Mr. Fitzpatrick asserted. WellFound Decade can be found online at http://www.wellfounddecade.com.

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