Case Study: Leading Real Estate Company achieves faster time-to-market with Wipro NetOxygen

Wipro’s NetOxygen solution helps a leading real estate mortgage lender respond quickly to market demands

The Leading Real Estate Company, a U.S. real estate secured mortgage lender, faced challenges with a costly, paper-heavy, people-dependent loan origination process and a legacy platform that could not scale quickly enough to meet changing market and regulatory demands. It needed faster time-to-market, better process control, and lower origination costs, and Wipro’s NetOxygen solution was brought in to address these issues.

Wipro replaced the legacy loan origination system with its proprietary NetOxygen platform, working closely with the client to redesign processes and implement stronger workflow and business rules capabilities. As a result, the company gained direct control over system changes, improved loan pricing accuracy, reduced time-to-market for new products, and enhanced responsiveness to compliance requirements, while also lowering loan origination complexity and cost.