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| Financial
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Prime has provided IT and engineering services to a variety of Financial Service firms and to other technology companies that focus on the financial industry. Our work for these clients include Custom Application Development, Product Co-Development, Application Integration, Quality Assurance Testing and Business Process Management (BPM). |
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| View Case Studies |
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| Client: |
Provides data and document
validity assurance services for mortgage
lenders and investors. |
| Challenge: |
Client identified a need to provide
more reliable mortgage loan documentation
while simultaneously reducing cost.
Needed the technical and engineering
resources to develop
this idea into a product. |
| Solution: |
Prime staffed and managed the global
product development team, collaborated
with the client’s subject matter
experts, and designed a comprehensive
web-based system that identifies
deficiencies in mortgage
documents and maintains documents
in a repository. Built a rules engine,
created e-shipping system, allowed
for import/export of files in various
formats and provided a client-based,
secured,
web-interface for customers
to access their mortgage documents.
System dramatically reduced loan
processing costs while elevating
the quality of the loan packages
for the resale market. Lenders are
now able to assess their loan portfolios
using the system.Used Spring MVC,
Hibernate, and other J2EE technologies
for web application development.
Used Jboss 4.0.5 as a web application
server. Used Drools 4.0 as Rules
Engine. |
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| Client: |
Provides financial
services such as consulting and income
tax preparation, as well as classes
and seminars, to improve individuals
money management habits. |
| Challenge: |
Create a tax solution to help low-
to middle- income consumers file
their tax returns. |
| Solution: |
In collaboration with a community
agency, built a client-server application
used in over 50 locations which annually
processed approximately $50 million
worth of
tax refunds for clients. Used Microsoft
.Net Framework 2.0 and MySQL technologies. |
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| Client: |
One of the nation’s
largest providers of health care
insurance, including Managed Care,
Traditional Indemnity, Medicare and
Medicaid coverage. |
| Challenge: |
Improve automation of ‘exception’ claims
which currently need human review. |
| Solution: |
Used Prime’s expertise with
the PegaRules Process Commander suite
of products to substantially improve
the client’s claims processing
success. Each time an exception claim
was automated with a Pega rule set,
the client eliminated the human review
and realized repeated cost savings,
easily justifying the initial
outlay of automation costs. |
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