A digital transformation journey in mortgage services

InfoVision modernized the legacy Appraisal Fee Services (AFS) platform, leading to operational efficiencies, enhanced customer experience and a notable decrease in expenses.

Customer overview

A leading BFSI company offering mortgage solutions.

Problem statement

The customer’s mortgage payment platform was running on a costly, outdated cloud infrastructure, burdened with complicated processes and expensive third-party dependencies. These inefficiencies led to rising operational costs, deteriorating customer experience, and significant business risks.

Key challenges included:

  • Migrating a neglected legacy platform without disrupting business continuity.
  • Ensuring secure, loss-free transfer of substantial sensitive financial data.
  • Meeting stringent compliance and regulatory requirements.
  • Reducing operational costs while enhancing efficiency and customer satisfaction.
  • Maintaining trust by delivering a flawless, high-stakes migration.

Solution delivered

To overcome these challenges, the team implemented a strategic digital transformation approach:

  • Migration & Optimization: Transitioned the platform from a costly cloud setup to a secure, cost-effective data center.
  • Automation & Efficiency: Achieved 80% automation, streamlining operations and eliminating inefficiencies.
  • Security & Compliance: Ensured a secure data transfer process with strict adherence to regulatory standards.
  • Strategic Ownership: Shifted from a traditional technology partner role to a trusted advisory position, contributing to business strategy and operations.
  • Innovative Revenue Model: Adopted a revenue-sharing approach, aligning business success with customer outcomes.

Tech stack

  • Programming Languages & Frameworks: ASP .NET 4.7 MVC, C# .NET, AngularJS
  • Database & ORM Tools: Microsoft SQL Server, Entity Framework, Dapper
  • Payment Integration: Payflow API
  • Cloud Infrastructure: Azure, RackSpace

Impactful results

  • 100% error-free migration with zero downtime.
  • 50% reduction in hosting costs, significantly improving profitability.
  • 40% boost in process efficiency, optimizing mortgage operations.
  • 80% automation, minimizing manual efforts and enhancing workflow accuracy.
  • Strategic transformation, evolving from technology service providers to key business advisors.
  • Enhanced customer experience, securing long-term trust and satisfaction.

A digital transformation journey in mortgage services

Modernization of the legacy Appraisal Fee Services (AFS) platform, leading to operational efficiencies, enhanced customer experience and a decrease in expenses.