Press Releases
MRG Announces Alliance with Haley Systems and Artemis Alliance Inc.; Adds Business Rules System to Core Technology
Dallas, TX - February 13, 2006 - MRG Document Technologies (MRG), a provider of document preparation services for the financial industry, announced an alliance with Pittsburgh-based Haley Systems Inc. and St. Paul, Minn.-based Artemis Alliance Inc.
Haley Systems, a provider of business rules management systems, is integrating its business rules technology into MRG's new proprietary software platform, which is currently in development. Artemis Alliance, an information technology services firm and a Haley partner, is providing the application design, development and integration services for the platform.
The integration manages business rules (policies, procedures, regulations, logic, etc.) more effectively, while providing greater accessibility and flexibility for both business users and IT staff. MRG's platform is accessed by lenders through Miracle DocPrep, which simplifies the ordering process for loan documents by providing automated data entry, document selection and electronic delivery nationwide.
"Haley's technology provides us with a fast and efficient business rules authoring software and rules engine that further enhances our ability to create and customize loan closing documents quickly," said Terry King, group chairman for MRG. "Haley technology brings a higher level of functionality to each of our products."
"We are pleased to be aligned with MRG to provide them with strong IT development and integration tools," said Hans Witt, president and CEO of Haley Systems. "Not only will Haley's technology let MRG manage the complexity of mortgage lending product configurations and regulatory compliance with speed and accuracy, it gives their legal and IT staff the power to manage clients' customized needs without incurring the time and cost of reprogramming."
"MRG is leveraging an innovative business rules technology that will give them a competitive advantage," said Donna Hentges, CEO of Artemis Alliance. "We are very excited to partner with MRG and Haley on this project."
MRG's customizable document packages fit the needs of each individual lender and support all products including A-paper, sub-prime, option ARM lending programs and HELOCs. Custom correspondent lender programs are also supported throughout the country.
About Artemis Alliance, Inc.: Artemis Alliance Inc., in business since 1993, is an information technology services firm specializing in business rules management. Based in St. Paul, Minn., Artemis' practice focuses on the key engineering, analysis and management disciplines necessary for successful business rules projects. Artemis delivers leading edge skills, industry-wide perspective, and practical project experience applying its experience and skills to ensure that business rules management projects align with business-driven requirements and architectural best practices resulting in a functional, resilient end product. For more information about Artemis Alliance Inc., visit www.artemisalliance.com.
About MRG Document Technologies: Dallas-based MRG Document Technologies designs, maintains and warrants as compliant, electronic documents for the mortgage industry. Founded in 1980, the company has more than 350 customers including lenders of all sizes, located nationwide. With more than 150 employees, MRG is dedicated to bringing more than 3,000 lender-specific forms and documents, guaranteed to comply with the most recent legislative and regulatory changes. For more information about MRG, visit www.mrgdocs.com.