OpenClose Adding Staff To Manage Increasing Demand For LOS

Loan origination system (LOS) provider OpenClose says it is adding technical staff to effectively manage a growing demand for its browser-based LOS platform, LenderAssist, and accompanying solutions.

Specifically, the staff additions will largely focus on software development, solution implementation and technical support. OpenClose has offices in West Palm Beach, Fla., and Seattle. The company says most new hires will reside out of its corporate office in Florida.

Amid a down market, OpenClose says, it is having its best revenue-growth year in company history.Â

"We're seeing a significant uptick in LOS deal flow, and as such, proactive measures are being taken in order to have adequate resources on hand to implement and support the on-boarding of new clients,’ says JP Kelly, president. ‘Our sales team recently signed a number of different lenders, which includes several marquee clients."

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