Dorado Unveils New System

Dorado Corp. chose an exclusive opening-day dinner at the 2005 Mortgage Bankers Association technology conference in Orlando, Fla., to unveil its new Enterprise Lending System, which offers centralized viewing and control for any loan in all channels through a single point-of-sale.The ELS on-demand POS capabilities are scheduled to launch in the second quarter of this year. ELS can be used to integrate and augment all Dorado product components through a unified POS, using SOA to enable “rapid, cost-effective integration of people, information, systems and services across multiple technology platforms, business channels and partners,” the company said. ELS has well-defined, interoperable service interfaces to let one instance of a service be leveraged across the enterprise and be called upon at any time in the process by business users. Dorado officials told invited lenders at a Citrus Club dinner in downtown Orlando that the layered, service-oriented architecture of ELS will enable new vendor services to be quickly and easily added to a lender’s process flow so that lenders can adopt a best-of-breed vendor strategy. Dorado can be found on the Web at http://www.dorado.com.