Sysdome, AppIntel to Form Anti-Fraud Giant

Anti-fraud automation leaders Sysdome, Calabasas, Calif., and AppIntelligence, Weldon Spring, Mo., have come together to form one anti-fraud juggernaut.ISO, which acquired AppIntelligence earlier this year, has acquired Sysdome for an undisclosed sum. Sysdome and AppIntelligence will be combined into a single new division called ISO Mortgage Analytics. The combined entity boasts a mortgage client list of over 1,000 institutions and a full suite of products to combat most known types of mortgage fraud. MortgageWire has learned that Kevin Coop, president of Sysdome, will be the new president of ISO Mortgage Analytics. Despite the overlap, the company plans to maintain both product offerings. For more information, see the March 21 issue of National Mortgage News.