Brentwood, Tenn.-based Quality Mortgage Services LLC has announced the opening of QMiS Systems, a provider of knowledge processing outsourcing and business processing outsourcing designed to serve the financial services and banking industries.
QMiS is a U.S.-owned foreign subsidiary incorporated in Kochi, India, and it will provide technology support in appraisal management software, as well as appraisal movement within platforms allowing the clients to work directly with underwriters and appraisers from the front office. QMiS Systems will also provide process solutions as well as technology project management.
‘More companies are finding that lesser functions critical to clients' operations are better outsourced, so that professionals can better utilize their time while reducing costs,’ says Tommy A. Duncan, chief operating officer of QMiS Systems. ‘This is very timely, as the mortgage and banking industries begin to shift and prepare for reduced production volumes. We take pride that a U.S.-owned offshore company is offering support back to U.S. companies. Being that we are U.S. owned, we understand the concerns of many of the U.S. companies.’