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FICS' third era provides extra performance for valued clientele and borrowers | Real Questions and Pass4sure dumps

Most loan lenders are trying to find the way to automate their loan servicing operations with a purpose to reduce expenses, maintain profitability and without problems control their compliance and reporting to the a considerable number of groups. FICS provides shoppers with the indispensable application to achieve these dreams whereas concurrently improving the borrower event.

FICS provides residential and industrial personal loan servicing software with loan Servicer and commercial Servicer, for lenders, banks, credit score unions, housing companies and area of interest lenders. each software techniques assist company investor reporting together with Fannie Mae, Freddie Mac and Ginnie Mae, in addition to different industry ordinary and private reporting methods.

"if you automate personal loan servicing operations with mortgage Servicer or commercial Servicer, you are going to save money via a low initial investment, nominal month-to-month support and protection payment, paperless servicing, actual-time processing and better productiveness," observed Susan Graham, president and COO at FICS.

both application programs are able to meet the particular wants of each small and massive corporations and automate the following servicing operations:

  • fee processing
  • Escrow administration
  • Investor reporting
  • Custodial accounting
  • Imaging
  • file writing
  • Workflow
  • The consumer-dealing with web purposes for mortgage Servicer and business Servicer give debtors and buyers complete on-line access to loan guidance and documents, thereby decreasing the time team of workers spends answering the telephone.

    “For more than three a long time, FICS has delivered extraordinary automation, efficiency, system guide and cost,” Graham spoke of. “We supply the most economical, productive, bendy application solutions available on the market today.”

    The enterprise lately accomplished a multi-yr rewrite of all FICS servicing and origination utility methods to a Microsoft .internet platform and a new user interface — representing the third era of FICS systems.

    “we've at all times requested their customers to vote on what they consider is most vital concerning device enhancements,” Graham referred to. “Our precedence is to put in force these enhancements in addition to develop different performance to allow their valued clientele to effectively adapt to new or altering regulations and take talents of contemporary expertise that advantages each the servicer and consumer.”

    The business plans to continue the development of its customer-dealing with web purposes and personal loan officer portal to Microsoft in 2019, a transformation with the intention to deliver a more contemporary interface and facilitate more functionality for customers and their borrowers.

    “because the personal loan industry evolves and more Millennials enter the office talent pool, they look ahead to featuring FICS’ capabilities, main-aspect equipment expertise and unparalleled system support to assist this new generation of servicing shoppers succeed within the ever-difficult loan enterprise,” Graham noted.

    The Executives:

    FICSSusan Graham, President and COO

    As president and COO of FICS, Susan Graham is liable for the basic management of the company's daily operations, strategic planning, customer family members and product construction. Graham successfully managed the rewrite of FICS' leading utility solutions to Microsoft's .internet Framework and home windows Presentation foundation user interface. 

    Aaron Lynch, Senior vice chairman and CTOFICS

    Aaron Lynch serves as senior vice president and CTO of FICS, the place he's responsible for technical analysis and strategic analysis. Lynch has spearheaded the a success building and implementation of numerous FICS application solutions, including the structure and design of the third technology of FICS' application. 

    Microsoft open-sources WPF, home windows varieties, and WinUI; opens up the .net foundation | Real Questions and Pass4sure dumps

    At its Microsoft join(); 2018 virtual adventure these days, Microsoft made some open supply announcements, as is now normal on the enterprise’s developer shindigs. Microsoft open-sourced three frequent windows UX frameworks on GitHub: windows Presentation groundwork (WPF), home windows varieties, and home windows UI XAML Library (WinUI). additionally, Microsoft introduced the growth of the .internet basis‘s membership model.

    The open-sourcing of WPF, windows types, and WinUI potential builders can make a contribution new aspects lower back to each framework, debug and fix considerations that influence their apps, build a non-public copy of the UI stack, and of course report bugs and different issues.

    WPF isn’t being absolutely open-sourced immediately — Microsoft says it is starting with some smaller accessories first (system.Xaml) — however windows types and WinUI are fully open supply starting these days.

    starting today, the governance, participation, and tasks of the .internet basis are open to any person in the open source community. Microsoft is letting participants of the community without delay book foundation operations.

    (speaking of .net, Microsoft these days launched visible Studio 2019 Preview 1, .web Core 2.2, and .web Core 3.0 Preview 1.)

    At its build 2014 developer conference, Microsoft created the .internet groundwork, a bunch for overseeing the open-sourcing of .web. In March 2016, Microsoft shaped the Technical steerage community to share the course of .internet’s core add-ons with different companies and fascinated parties. solidarity, JetBrains, and purple Hat joined the basis at that aspect, and Samsung adopted in June. In November 2016, Google joined the .net basis, at which aspect hell achieved its manner of freezing over.

    moreover latest participants, the .internet foundation these days welcomed Pivotal, development Telerik, and insight agencies. The board is expanding from three seats to seven, including a member appointed by way of Microsoft. Board elections will begin in January.

    Microsoft guarantees that any individual who has contributed in any approach to any .web foundation open supply project is eligible to vote. The hope is that this new structure will support the .net groundwork scale to fulfill the wants of the growing to be .web open source ecosystem.

    Microsoft made different open source bulletins at today’s adventure. along with Docker, Microsoft introduced an open supply, cloud-agnostic specification for packaging and running dispensed applications referred to as Cloud Native utility Bundle (CNAB). Microsoft donated virtual Kubelet, an open source utility that makes it less demanding for developers to connect a Kubernetes node with other functions, to the Cloud Native Computing basis (CNCF). and finally, Microsoft open-sourced Open Neural network change (ONNX) Runtime, a excessive-performance inference engine for computing device discovering fashions.

    How Microsoft Operations Framework 4.0 enhances IT provider administration | Real Questions and Pass4sure dumps

    Stuart D. Galup, Contributor

    IT carrier administration took an incredible step forward in April with the unlock of Microsoft Operations Framework (MOF) edition 4.0. This newest version of the framework presents useful tips for standard IT practices and actions so that IT managers can establish and put in force legitimate, good value IT features.

    this is good information for home windows shops that have spent cash on ITIL v3 practising. as a result of MOF 4.0 is aligned with ITIL v3, there isn't a need to retrain workforce on the basics -- which could translate to charge reductions. also, IT shops can now focus on greater advanced MOF ideas.

    MOF 4.0 defines the complete IT lifecycle. It carries 4 phases that encompass sixteen service management functions. here's how Microsoft describes the 4 phases and their desires:

  • Plan -- Plan and optimize an IT carrier strategy to help business goals and objectives.
  • bring -- be certain IT services are developed without difficulty, deployed effectively and in a position for operations.
  • operate -- make certain IT capabilities are operated, maintained and supported in a means that meets business wants and expectations.
  • manage layer -- this is the basis of the IT service lifecycle: give operating concepts and most excellent practices to ensure that the investment in IT supplies expected enterprise cost at an appropriate degree of risk. This section makes a speciality of IT governance, risk, compliance, roles and tasks, trade management and configuration. processes during this stage happen all through all phases of the lifecycle.
  • inside every part, there are service management services that outline the approaches, people and actions required to align IT features. for instance, the operate

     section includes 4 functions -- operations, provider monitoring and control and consumer carrier and problem management.

    on the aid desk, MOF drills right down to consumer carrier administration features. Microsoft defines the function section deliverable as "beneficial user provider." So how can help desk managers achieve constructive person service? with the aid of offering a favorable journey for users and addressing their complaints or considerations in a timely manner.

    in case your windows store makes use of MOF 3.0, don't worry -- Microsoft's MOF web web page has particulars about how MOF three.0 maps to MOF 4.0. it be also essential to observe that MOF 4.0's lifecycle approach includes the tactics defined in MOF three.0. once more, as a result of MOF four.0 is aligned with ITIL v3 and comprises MOF 3.0 strategies, outdated working towards doesn't go to waste.

    There are two associate products to MOF 4.0. the primary is Microsoft's upcoming device center provider manager, code-named provider Desk. there's additionally go-platform extension beta software that extends the monitoring and management capabilities of system middle Operations manager 2007 to non-Microsoft structures, together with HP-UX, solar Solaris, purple Hat commercial enterprise Linux and SUSE Linux enterprise Server environments.

    The 2d product is Microsoft's system center Configuration supervisor 2007, which is the next version of techniques administration Server 2003. Configuration supervisor 2007 gives performance with its at ease and scalable operating gadget and application deployment. It helps configuration administration, bettering gadget protection and complete asset management of servers, computers and mobile contraptions.

    The aggregate of MOF four.0, gadget center service manager and equipment center Configuration supervisor can help raise or kick-delivery and IT carrier administration initiative.

    start with MOF four.0, but bear in mind that half the battle of imposing MOF is getting started, and IT corporations don't constantly follow this method. They always opt for a device and then look to it to support outline how the process is going to work and spend loads of time making the tools and techniques work together. This translates into lots of wasted time and value to the company.

    bear in mind that every IT firm should strengthen its own methods before it introduces equipment into its environment. And if you are among these waiting for Microsoft's new tools -- expected to be accessible in 2010 -- the early signals are they could be price the wait.

    Stuart D. Galup is an affiliate professor of laptop tips methods at Florida Atlantic school. he is a licensed Computing expert and ITIL service supervisor. He has held a few senior counsel expertise positions and holds a U.S. patent. Galup has written more than forty five educational publications and two books.

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    FICS' third generation provides more functionality for clients and borrowers | real questions and Pass4sure dumps

    Most mortgage lenders are looking for ways to automate their mortgage servicing operations in order to cut costs, maintain profitability and effectively manage their compliance and reporting to the various agencies. FICS provides clients with the necessary software to accomplish these goals while simultaneously improving the borrower experience.

    FICS provides residential and commercial mortgage servicing software with Mortgage Servicer and Commercial Servicer, for lenders, banks, credit unions, housing agencies and niche lenders. Both software systems support agency investor reporting including Fannie Mae, Freddie Mac and Ginnie Mae, as well as other industry standard and private reporting methods.

    "When you automate mortgage servicing operations with Mortgage Servicer or Commercial Servicer, you will save money through a low initial investment, nominal monthly support and maintenance fee, paperless servicing, real-time processing and enhanced productivity," said Susan Graham, president and COO at FICS.

    Both software systems are able to meet the specific needs of both small and large companies and automate the following servicing operations:

  • Payment processing
  • Escrow administration
  • Investor reporting
  • Custodial accounting
  • Imaging
  • Report writing
  • Workflow
  • The consumer-facing web applications for Mortgage Servicer and Commercial Servicer give borrowers and investors complete online access to loan information and documents, thereby reducing the time staff spends answering the phone.

    “For more than three decades, FICS has delivered exceptional automation, performance, system support and value,” Graham said. “We provide the most cost-effective, efficient, flexible software solutions on the market today.”

    The company recently completed a multi-year rewrite of all FICS servicing and origination software systems to a Microsoft .NET platform and a new user interface — representing the third generation of FICS systems.

    “We have always asked their customers to vote on what they feel is most important regarding system enhancements,” Graham said. “Our priority is to implement these enhancements as well as develop other functionality to allow their customers to easily adapt to new or changing regulations and take advantage of modern technology that benefits both the servicer and consumer.”

    The company plans to continue the development of its consumer-facing web applications and loan officer portal to Microsoft ASP.NET in 2019, a change that will provide a more modern interface and facilitate more functionality for clients and their borrowers.

    “As the mortgage industry evolves and more Millennials enter the workplace talent pool, they look forward to providing FICS’ expertise, leading-edge system technology and unparalleled system support to help this new generation of servicing customers succeed in the ever-challenging mortgage business,” Graham said.

    The Executives:

    FICSSusan Graham, President and COO

    As president and COO of FICS, Susan Graham is responsible for the overall management of the company's day-to-day operations, strategic planning, customer relations and product development. Graham successfully managed the rewrite of FICS' main software solutions to Microsoft's .NET Framework and Windows Presentation Foundation user interface. 

    Aaron Lynch, Senior Vice President and CTOFICS

    Aaron Lynch serves as senior vice president and CTO of FICS, where he is responsible for technical research and strategic analysis. Lynch has spearheaded the successful development and implementation of numerous FICS software solutions, including the architecture and design of the third generation of FICS' software. 

    Shoring Up Your Framework | real questions and Pass4sure dumps

    Shoring Up Your Framework

    No single enterprise risk management framework is comprehensive enough to guide your company in meeting all of its compliance, governance, and risk management needs. Instead, you'll want to selectively combine standards by building around a central framework, such as COSO or AS/NZS 4360, and reinforcing it with one or more of these risk assessment standards.

  • By Linda Briggs
  • 07/17/2007
  • In a previous article, they looked at three comprehensive risk management frameworks: COSO, the lesser-known AS/NZS 4360, and the almost unheard-of (at least yet) British standard M_o_R. Although reasonable people can and almost certainly will differ on the terminology, in this look at risk assessment frameworks and standards, we've included the well-known IT control framework CobiT, the service management framework ITIL, and the set of information control objectives now called ISO 27002.

    These additional, more narrowly defined frameworks and standards can augment what broader frameworks like COSO or AS/NZS 4360 offer. By combining one or more of them with your central framework, you can begin to build an effective company-wide approach to enterprise risk management.


    CobiT, for Control Objectives for Information and related Technology, is a well-known framework of IT control objectives published by the Information Systems Audit and Control Association (ISACA).

    CobiT is a good example of a standard that can nicely complement either COSO or AS/NZS 4360. Because CobiT has well-defined IT processes and controls that focus on IT management, it can serve as a strong partner to AS/NZS 4360, which is a framework with a business-oriented foundation. CobiT defines controls for 34 high-level IT processes involving some 200 control practices. Yep, that's a lot. In that sense, CobiT is a structured standard for IT management that covers planning and organization, technology acquisition and implementation, delivery and support, and monitoring. In general, CobiT implementations can make IT activities more predictable and transparent.

    A big advantage of CobiT is its popularity; because it's supported by a vast adopter community, and it has official maps to other frameworks and standards, implementation, maintenance, and review of your adherence to the standard can be easier. In considering CobiT, note that it is not an information security framework; only one of its 34 processes is related to security. Because information security is such a critical aspect of risk management, you may want to augment CobiT by selecting a security-focused framework or set of standards, such as ISO 27002 or NIST 800-30. (We discuss the ISO standard later in this article.)

    Other possibilities for help in augmenting your enterprise security practices are OCTAVE (Operationally Critical Threat, Asset and Vulnerability Evaluation), CORAS (Cost-of-Risk Analysis System), or CRAMM (CCTA Risk Analysis and Management Method). We'll discuss those three, along with NIST 800-30, in a subsequent article.


    The Information Technology Infrastructure Library (ITIL) is from the UK Office of Government Commerce (OGC). The series of books that make up ITIL focus in great detail on IT service delivery and operations management, as opposed to IT functions and activities. ITIL isn't so much a framework as an exhaustive set of IT best practices. As such, adherence to ITIL can reduce risk by making your IT services more predictable and thus manageable.

    ITIL sorts services into 10 disciplines under two general practice areas: incident management (problem management, configuration management, change management, release management, and service desk) and service level management (IT financial management, capacity management, availability management, IT service continuity management, and IT security management).

    ITIL was originally developed by the UK government for its use, and ITIL is a registered trademark of the UK's Office of Government Commerce (OCG). The framework, however, has since been widely adopted by the private sector throughout Europe.

    A drawback to ITIL might be its sheer size and comprehensive approach; smaller organizations may simply find ITIL too costly for that reason. The Microsoft Operations Framework is a Microsoft-centric framework that is based on ITIL but offers a more limited implementation. Companies that want some of the benefits of ITIL without the full program, and who are Microsoft-centric, might consider that more limited implementation.

    ISO 27002The ISO 27002 standard, formerly ISO 17799, is a broad yet security-focused framework. It's essentially a code of practice that outlines hundreds of potential controls and control mechanisms, which businesses can implement under the guidance of the ISO 27001 standard. The basis of the ISO 27002 standard is a document published by the UK government, which became a standard called BS7799 in 1995. In 2000 it was re-published by ISO as ISO 17799. A new version appeared in 2005, along with a new publication, ISO 27001. The two documents, ISO 27001 and 27002, are intended to be used together, with one complementing the other. ISO 27002 defines a comprehensive set of information security control objectives with best-practice security controls. Its stated objective is to specify "the requirements for establishing, implementing, operating, monitoring, reviewing, maintaining and improving a documented Information Security Management System within the context of the organization's overall business risks." Note the focus on infosec within the context of business risk.The ISO (International Organizational for Standardization) organization itself admits that the ISO 27000 series "is in its infancy." ISO 27002 and ISO 27001 are mature standards, however; the directory itself is owned by a worldwide alliance of information security consultants. ISO 27002 reflects a more holistic and managerial approach to IT than its precursor ISO 17799, and includes business continuity planning, system access control, system development and maintenance, physical and environmental security, compliance, personal security, security organization, computer and operations management, asset classification and control, and security policy. One strength of the 27001 standard: The CobiT framework has been mapped to it, which can help make external audits more efficient.

    Whichever of these three assessments or standards you choose to explore further, keep in mind that appropriate risk management comes from a deep understanding of the principles involved, as well as a careful mix of the right frameworks and standards for your particular organization. Allow for the shortcomings of given frameworks and standards by selecting others to shore them up; you'll be rewarded with a broad and strong governance and risk management approach.

    About the Author

    Linda Briggs is the founding editor of MCP Magazine and the former senior editorial director of 101communications. In between world travels, she's a freelance technology writer based in San Diego, Calif.

    Microsoft open-sources WPF, Windows Forms, and WinUI; opens up the .NET Foundation | real questions and Pass4sure dumps

    At its Microsoft Connect(); 2018 virtual event today, Microsoft made some open source announcements, as is now common at the company’s developer shindigs. Microsoft open-sourced three popular Windows UX frameworks on GitHub: Windows Presentation Foundation (WPF), Windows Forms, and Windows UI XAML Library (WinUI). Additionally, Microsoft announced the expansion of the .NET Foundation‘s membership model.

    The open-sourcing of WPF, Windows Forms, and WinUI means developers can contribute new features back to each framework, debug and fix issues that impact their apps, build a private copy of the UI stack, and of course report bugs and other issues.

    WPF isn’t being completely open-sourced immediately — Microsoft says it is starting with some smaller components first (System.Xaml) — but Windows Forms and WinUI are fully open source starting today.

    Starting today, the governance, participation, and projects of the .NET Foundation are open to anyone in the open source community. Microsoft is letting members of the community directly guide foundation operations.

    (Speaking of .NET, Microsoft today released Visual Studio 2019 Preview 1, .NET Core 2.2, and .NET Core 3.0 Preview 1.)

    At its Build 2014 developer conference, Microsoft created the .NET Foundation, a group for overseeing the open-sourcing of .NET. In March 2016, Microsoft formed the Technical Steering Group to share the direction of .NET’s core components with other companies and interested parties. Unity, JetBrains, and Red Hat joined the foundation at that point, and Samsung followed in June. In November 2016, Google joined the .NET Foundation, at which point hell completed its process of freezing over.

    In addition to existing members, the .NET Foundation today welcomed Pivotal, Progress Telerik, and Insight Enterprises. The board is expanding from three seats to seven, including a member appointed by Microsoft. Board elections will begin in January.

    Microsoft promises that anyone who has contributed in any way to any .NET Foundation open source project is eligible to vote. The hope is that this new structure will help the .NET Foundation scale to meet the needs of the growing .NET open source ecosystem.

    Microsoft made other open source announcements at today’s event. Along with Docker, Microsoft announced an open source, cloud-agnostic specification for packaging and running distributed applications called Cloud Native Application Bundle (CNAB). Microsoft donated Virtual Kubelet, an open source application that makes it easier for developers to connect a Kubernetes node with other services, to the Cloud Native Computing Foundation (CNCF). And finally, Microsoft open-sourced Open Neural Network Exchange (ONNX) Runtime, a high-performance inference engine for machine learning models.

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