Mavent Inks AT&T Deal

Irvine, Calif.-based Mavent Inc., a provider of automated compliance systems for the financial services industry, has selected AT&T to enhance its networking capabilities.According to Mavent, the three-year contract is valued at $1.4 million. The agreement makes it possible for Mavent to provide customers with around-the-clock service, security, monitoring, and automatic routing of data and other information, the company said. Mavent's automated compliance system is a rules-based application that provides the residential mortgage industry with consumer credit information, enabling lenders and investors to comply with federal, state, and local consumer lending laws, rules, and regulations. The AT&T solution also includes frame relay service and Business Internet Access Service for Mavent's headquarters. Mavent can be found on the Web at http://www.mavent.com.