The Leader in Loan Quotation and Loan Calculation Software

More Enhancements to the SCEX

Submitted 2004-05-04 09:00:00 -0700

The SCEX is loan calculation software that can be embedded within your own application, supporting consumer, commercial, and mortgage loan calculations. Actually, there’s quite a bit that’s new to report. We are continually enhancing the SCEX (Sherman Calculation Engine with XML Interface). Our partners, who employ the SCEX to provide the loan calculation portion of their software, are usually the first to experience the expanded capabilities. Their clients, through requests for specific calculations to precisely match their back-end systems, are the primary sources for these enhancements. A specific request may come from just one lender, but all users of our engine benefit, as new versions of the engine are sent to all partners.

While the SCEX is recognized as the most robust loan calculation engine available, there is no such thing as software that will always match the virtually infinite number of calculation methods employed across all lenders. Consequently, enhancements are an everyday part of support we provide, enabling our partners to promise that their origination software will precisely match their clients’ internal systems.

So, we thought we’d share with all of you some of the enhancements we have made to the SCEX in just the past few months.

If you offer origination software to the lending market, and your clients demand totally accurate calculations for all their loan structures and debt protection calculations, incorporating the SCEX into your software can be the most cost-effective solution you can find. Contact us to discuss further.