Business Integration: Wells Fargo

Challenge

Wells Fargo Home Mortgage was realizing inefficiencies in post-closing operations. The inability to handle volume during peak periods was impacting revenues, personnel productivity and introducing unacceptable error rates.

Solution

Perficient performed detailed requirements analysis gathering and defined, built and implemented a TIBCO-based EAI architecture solution that automated the cumbersome paper-based processes, reducing the potential for human error.

Features

  • Paperless workflow system mitigates risk
  • Flexible architecture capable of migration and scale
  • Mentoring introduced EAI best practices and TIBCO toolset education

Benefits

  • Ability to handle post-closing operations for thousands of loans per day
  • Improved operational metrics on several fronts, including reduction in human-induced administrative errors
  • Improved personnel productivity (resource time freed to concentrate on advanced analysis and performance support tasks)
  • Improved customer service and satisfaction
Wells Fargo
Wells Fargo Home Mortgage is a leading originator of retail mortgage loans in the United States. The division is headquartered in the Midwest and has more than 4.9 million mortgage customers.
Visit Wells Fargo Home Mortgage