As you will learn as you go through the website, Mortgage VCO is the first end-to-end, cloud-based utility specifically developed for the mortgage industry. It's much more than just a single SaaS application. At its core, Mortgage VCO is a virtual platform, providing the busy mortgage operation the essential network infrastructure and software necessary to maintain basic corporate operations of any size.
While the "cloud" movement is all abuzz these days, many companies offer hosted, web-based software solutions that address only a single aspect of a company's software needs. It's common for a mortgage company to use a half-dozen or more independent software systems, from accounting, to CRM, to transactional management and more. The typical corporate configuration may consist of a number of enterprise, installed solutions, mixed with a number of hosted solutions, some windows-based, others web-based. Then there is the company's network system, typically installed on local servers running in a MS windows environment. The result is a very disjointed array of installed and hosted systems. VCO Desk is our core product and provides our customers with a completely virtual corporate network, where all applications are accessible anytime, anywhere, ensuring each user a standard interface and user experience. In addition, with VCO Desk we support a personal desktop for each user, file storage, Exchange, Outlook, Fax capabilities and Microsoft Office. VCO Desk then becomes a gateway from which any software application can be launched. While MortgageVCO offers telephony, loan origination and processing software and paperless document management, our clients may opt only to utilize VCO Desk to virtualize their entire company, making all existing applications accessible from a single platform in the cloud. Network administration and systems integrations can now be managed from a single common platform.
Our focus is on providing a network solution for the rapidly growing, and ever-changing mortgage company. Today's mortgage banker is actively rolling up independent mortgage brokerage shops and is experiencing the pains and expense of integrating different cultures, disparate systems, and workflows. With VCO Desk, a branch office can be up and running on a global secure network, sharing mail and other resources overnight. Once on the platform, a company's LOS and other systems, even proprietary applications, are available to new users without installing new software or software patches, purchasing new equipment, or incurring considerable IT expense. We wanted to provide a convenient, cost-effective, subscription-based solution for mortgage companies that experience the typical wild swings in production. With Mortgage VCO, a company can quickly meet sudden increases in production demand, or in the reverse, reduce costs as the market dictates downsizing.