Cloudvirga reports that it has completed an enhanced integration for its Horizon Retail POS product and Encompass Partner Connect, the latest API framework for mortgage technology from Intercontinental Exchange (ICE).
The enhanced integration will accelerate future development and enhance performance and security, Cloudvirga says in a release.
The modern framework enables industry participants to integrate to ICE solutions and provide their services to loan originators and servicers through secure API-enabled technology.
Available via the Marketplace in the ICE digital lending platform, Cloudvirga’s integration will enhance the way loans created within Cloudvirga’s Horizon Retail POS can be exported to lenders using the Encompass platform.
By leveraging the modernized Encompass API platform, Cloudvirga is delivering improvements in performance, security and maintainability.
The enhanced integration introduces an exponential leap in processing speed, enabling lenders to manage loans with unprecedented efficiency, the firm says.
Built with best-in-class security practices, the integration ensures robust protection of sensitive loan data, addressing the evolving demands of cybersecurity.
In addition, the API-first approach streamlines the development of new features and accelerates the resolution of potential issues, future-proofing the integration for years to come.
“We’re thrilled to be able to offer this enhanced integration by leveraging the latest API framework because this technology raises the bar for seamless, secure and high-performing POS-to-LOS integrations,” says Maria Moskver, CEO of Cloudvirga. “This migration underscores our commitment to delivering cutting-edge technology solutions that empower lenders to close loans faster, more securely and with greater confidence.”
The move to API-enabled technology represents an important milestone in Cloudvirga’s mission to simplify and modernize the mortgage process for lenders and borrowers.