AmPro Mortgage selects Intelli-Mortgage - Intelli-Mine

AmPro Mortgage Corp
CASE STUDY
Intelli-Mortgage enables Ampro to effectively monitor
mortgage performance across all strategic business units,
providing a single, unified view of mission critical information.
PRODUCT:
Intelli-Mortgage Business
Performance Manager
BENEFITS:
Estimated savings of $1.0
million in direct reporting,
analysis and decision
support costs, projected
5% increase in profitability,
projected decrease of $75$100 per loan in cost of
funding resulting in a total
benefit of over $4 million to
the bottom line during a 3
year period
IMPLEMENTATION
TIME:
12 weeks including
customization
VENDOR:
Intelli-Mine, Inc.
Business need
When AmPro Mortgage Corporation
purchased a national wholesale mortgage
lending operation, their challenge was
to get a clear understanding of the
operation, analyze the business strengths
and limitations, and closely monitor the
execution of new policies and strategies.
One of the key problems faced by the
management team was the proliferation
of business unit reporting databases and
tools. Business units relied on different
data sources, data definitions, business
measurements and terms; and varying skills
in Microsoft Excel and Access to produce
their management reports. As a result, the
timeliness, accuracy and consistency of
critical data were at risk. AmPro needed
relevant and integrated information
delivered consistently and accurately,
in the format and frequency required by
management to make informed decisions
timely.
Intelli-Mortgage is the solution
CIO John Scattergood decided the company
needed a Business Intelligence (BI)
platform. Having implemented a BI system
in an earlier company, he recognized the
significant effort, cost and risk involved in
such a project, including the typical 6 to 12
month project timeline. Intelli-Mortgage
presented an alternative to these challenges.
It is a full fledged BI solution with over 100
predefined metrics and key performance
indicators (KPI’s) specific to the mortgage
banking business.
Says Scattergood, “The decision to
build or buy was an easy one once I
saw Intelli-Mortgage. We saved a lot of
money because Intelli-Mine had already
defined the requirements, built the data
models and written the ETL’s. Moreover,
Intelli-Mortgage had been successfully
implemented at other mortgage companies
and had very rich user functionality,
complete with dashboards, alerts, scorecards
and robust analytic capabilities. Can you
imagine defining and implementing a Data
Warehouse in 12 weeks? It’s incredible.
And our business unit customers are
already up and running on the new system,
creating their own analyses. Our President
is one of the most enthusiastic users of
Intelli-Mortgage.”
CASE STUDY
Intelli-Mine has
been providing
Business-Intelligence
and Performance
Management
solutions since 2000.
Intelli-Mortgage, a
business performance
management product
from Intelli-Mine, is the
result of over 2 years
of intense involvement
in the Mortgage
Banking industry. It
helps customers drive
performance through
planning, scorecarding
and business
intelligence.
We are headquartered at:
1200 Quail St. Ste 270
Newport Beach
CA 92660
According to Jim Munford, President and
Chief Operating Officer of AmPro, “Today,
we are able to monitor our key production
indicators effortlessly. Trending and ad-hoc
analysis was never this simple and we can
dive right to the loan level details to identify
problem areas. I don’t have to spend hours
and days waiting for information any
more. Best of all, we all speak the same
language; with one version of the truth.
In the past, getting adequate information
to make intelligent decisions was a long
drawn, inaccurate process. With IntelliMortgage, getting the right information
is just a few clicks away. We estimate a
significant savings over a 3 year period
from information gathering and analysis
activities alone. In addition, we anticipate
significant cost savings from identification
of inefficiencies and non performing areas.
Analyzing opportunities and understanding
best practices will be instrumental in our
top line and bottom line growth.”
According to Jim Jelic, Project Manager
at AmPro,
“Intelli-Mine
has
an
implementation methodology which is
very complete.They have all the necessary
documents and templates for the different
stages of implementation, which have been
w w w. i n t e l l i - m i n e .com
refined over several installations. Their
team consistently follows the methodology
to ensure a successful and timely
implementation. From the beginning I felt
extremely comfortable with them. I always
got the feeling that Intelli-Mine was on top
of everything that needed to be done and
that as long as we did our part, which was
well defined as well, the implementation
would be a success. And indeed, they
delivered right on time, as per the initial
implementation plan. QA of the system and
the deployment went very smoothly. The
total end user training that was necessary
was 2 sessions of four hours each. And
although it’s only been a couple of months
since we rolled out the system, our users
are already beginning to reap the benefits.
This is the smoothest Data Warehouse
implementation I have ever been involved
in. I remember in my last project, we spent
significant effort and in 2 years, we were
not able to achieve close to the functionality
that Intelli-Mine has delivered in such a
short time. It’s been a pleasure working
with their team.” Jim adds, “Intelli-Mine
continues to provide excellent support for
Intelli-Mortgage as we fine tune the system
and we look forward to a long and happy
relationship.”
[email protected]
Ph: (949) 486-2900