Hyland Software Partners with Ocwen Financial Corporation

Times are tough right now in the financial services industry. Being able to do more with less is more important than ever. It’s with this in mind that Ocwen Financial Corporation (NYSE: OCN ), a leading business process outsourcing provider to the financial services industry, will recommend Hyland’s OnBase system to its customers as a complementary product to its REALSynergy® Commercial Real Estate and Multi-Family loan servicing platform.

“Integrating REALSynergy with OnBase helps commercial lenders and servicers in several ways,” said Deborah Winslow, REALSynergy director for Ocwen. “It helps them to cut costs and reduce the use and storage of paper documents. It also helps them to become more efficient in their day-to-day loan servicing operations. These benefits are possible thanks to OnBase’s advanced document management and workflow capabilities. This partnership is about giving our customers the tools they need for a more effective loan management process.”

Servicers also don’t have to leave primary business applications to consult paper files. Switching between disconnected systems is a thing of the past. All of the information needed to perform daily tasks is available through a single interface.

“We know the financial services industry,” Jason King, director of financial services and insurance for Hyland Software. “Our customers want to complete loans quicker and more efficiently. Being able to move on to the next loan keeps revenue flowing, and improved customer service builds repeat business. We developed our solution to help lenders and servicers become more successful today, tomorrow and in the future.”

To learn more about OnBase, visit http://www.onbase.com/Financial.

About Ocwen Financial Corporation
Ocwen Financial Corporation is a leading business process outsourcing provider to the financial services industry, specializing in loan servicing, mortgage fulfillment and receivables management services. Ocwen is headquartered in West Palm Beach, Florida with offices in Arizona, California, Florida, Georgia, Illinois and New York and global operations in Canada, Germany and India. Utilizing our global infrastructure, state of the art technology, world-class training and six sigma processes, we provide solutions that make our clients’ loans worth more. Additional information is available at http://www.ocwen.com.