RealEC Technologies Partners With RBC Centura Bank

RealEC Technologies Inc., a provider of collaborative network solutions in the mortgage industry, has entered into an agreement with RBC Centura Bank, a wholly owned subsidiary of Royal Bank of Canada, to provide RBC Centura with RealEC's suite of settlement service order and vendor management solutions.

RealEC will begin integrating its systems immediately into RBC Centura, including the RealEC Exchange – RealEC's settlement services platform – as well as value-added components, including iSelect, RealEC's decision engine. iSelect automates the selection of the appropriate provider and product for an individual loan and makes the optimum product selection decision through a predefined set of criteria established and maintained in real time by RBC Centura, RealEC adds.

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