Revolutionizing Data Flow: Tower FCU's Success with Mortgage Exchange

Connecting: Fiserv DNA to Mortgage Cadence LFC

Tower Federal Credit Union, a leading financial institution serving the MD, DC, and VA regions, prides itself on offering diverse financial solutions tailored to its members' needs. With a commitment to improving operational efficiency, Tower FCU sought advanced technological solutions to streamline its mortgage data management.

Mortgage Workspace, an expert in integrating and securing financial information systems, introduced its innovative Mortgage Exchange platform. This product empowers financial institutions by connecting various software systems to enable fluid data exchange, eliminating the traditional barriers of manual data handling.

The Problem:

Tower FCU aimed to integrate the Mortgage Cadence LFC interface with the Fiserv DNA interface to facilitate data exchange. The dual entry of data across platforms proved cumbersome, leading to potential inaccuracies and inefficiencies.

The Solution:

Leveraging Mortgage Exchange, Mortgage Workspace successfully linked the Fiserv DNA interface with Mortgage Cadence LFC. This strategic connection allowed Tower FCU to facilitate smooth data transfers, ensuring accuracy and efficiency.

Outcome:

With this integration, Tower FCU now effortlessly exchanges data, eliminating the hassle of dual entry and minimizing delays or errors. This advancement has led to significant savings in both time and financial resources, freeing up the team to focus on more strategic initiatives.