SourceMedia Names Portellus to its 2007 Top 50 Technology Vendors List
IRVINE, Calif., July 10, 2007 - Portellus Inc., a leader in business-user driven change-management solutions, announced that it earned a spot on SourceMedia’s prestigious Top 50 Mortgage Technology Vendors list.
Last year’s list was divided into the top 25 enterprise-class vendors and top 25 service vendors, but the publisher decided to combine this year’s list into the top 50 vendors due to various companies now offering enterprise licenses as well as software as a service (SaaS) models.
For inclusion and rights to be listed on the 2007 Top 50 Technology Mortgage Vendors List SourceMedia has instilled key conditions to meet. Vendors must demonstrate that they have met four major criteria: 1) customer satisfaction 2) functionality 3) market share 4) viable revenue model. The publication states it is crucial that vendors on the magazine's list have satisfied clients and exhibit the ability to retain them by keeping those customers apace of the technology deployed by competing companies. The demonstration of functional value to customers is said to be the list's most important selection criterion.
"We’re honored to be named as one of the Top 50 Mortgage Technology Vendors by SourceMedia," said Joe Bowerbank, director of marketing at Portellus. "Our ability to drive enterprise-wide productivity through our Business Rules Management System (BRMS), Integration Services Hub (PIXMO) and robust Web portals makes us one of the leading solutions for customers seeking a highly flexible, agile and scalable decisioning platform."
Bowerbank added: “We have been working meticulously at utilizing our core architecture strengths and capabilities to help our clients capitalize on ever-changing shifts in the marketplace. To be included in the Top 50 Mortgage Technology Vendors list by SourceMedia is a great achievement, and we’re very pleased that the talents of our leadership team and all of our employees worldwide have been honored with this prestigious ranking.”
About SourceMedia
SourceMedia provides market information, including news, analysis, and insight to the financial services and related industries such as accounting and technology, through its publications, industry-standard data applications, seminars and conferences. www.sourcemedia.com
About Portellus
Portellus Inc. is a leading provider of next-generation technology solutions for industries requiring the automation of numerous complex business decisions. The company's Business Rules Management System (BRMS), Integration Services Hub, Web Portals and vertical market solutions utilize a service-oriented architecture (SOA) to deliver loosely coupled applications and flexible solutions, enabling clients to gain competitive advantages, reduce costs, mitigate risk, increase profitability, comply with regulatory requirements and swiftly respond to marketplace dynamics. Portellus’ solutions are in production with, financial institutions, insurance companies, mortgage bankers, investment banks and Wall Street investors. For more information, visit www.portellus.com or call 949-250-9600.
- CONTACT:
- Joe Bowerbank
- Portellus, Inc.
- 949.250.9600, ext. 2250
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