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15-Sep2018

Wipro enters into agreement with Mercury Network

Wipro and Mercury Network, a part of CoreLogic has entered into an agreement to jointly offer appraisal management platform systems to customers in the financial services space. These include banks, mortgage/lending companies, credit unions, underwriting and appraisal management companies. As part of the agreement, Mercury Network, one of the industry's largest appraisal order management platforms, will be integrated with Wipro's NetOxygen Loan Origination System (LOS) platform.

Leveraging Mercury Network's powerful valuation management software and platform, Wipro's NetOxygen LOS customers will be able to manage better their loan appraisals. They will also be able to automatically order the appraisal and receive regular status updates on the order, inside their loan folder. This platform eliminates duplicate data entry, and dramatically accelerates the appraisal process while reducing administrative burdens.

Wipro is a leading global information technology, consulting and business process services. The company harnesses the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help clients adapt to the digital world and make them successful.


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