Dorado Selected by First Horizon for Wealth Management
New ChannelMaster Software Enables First Horizon Loan Officers to Access Wealth Management Products and Services
San Mateo, Calif. and Irving, Texas—March 4, 2003—Dorado Corporation today announced First Horizon Home Loan Corporation’s selection of Dorado ChannelMaster™ to provide their loan officers and Wealth Management Teams with an Internet-based software application for selling retail financial services. ChannelMaster will support First Horizon’s mortgage and financial services channels in their company’s efforts to achieve the firm’s All Things Financial® vision.
Dorado will integrate the ChannelMaster application with First Horizon’s wealth management systems using the Dorado .MOR™ Server, a Web services-based integration server designed specifically for the home lending industry. .MOR Server insures rapid, cost-effective integration of new applications and services with legacy systems, and will create an environment that facilitates future integrations as First Horizon continues to expand and evolve its product portfolio.
“With this application of ChannelMaster, our customers will have online access to information about the entire suite of First Horizon wealth management products and services,” said Christina Martin, vice president, e-commerce for First Horizon. “With Dorado’s .MOR Web Services platform and ChannelMaster, we’re expanding the on-line environment to make it easier for our customers to take advantage of our growing array of products and services.”
“Dorado ChannelMaster helped make our retail loan officer Web sites a great success,” added Martin. “Now, Dorado is helping us integrate these with another critical piece of our business.
“We are very proud that this is Dorado’s second application and second channel implementation at First Horizon,” said Joseph W. Jennings, president, Dorado. “Dorado’s ChannelMaster and .MOR Web Services make it extremely easy for our customers to extend and integrate their channels of distribution and sign up for services as the need arises.”
About First Horizon Home Loans
Headquartered in Irving (Dallas), Texas, First Horizon Home LoansSM ranks among the nation’s largest full-service mortgage banking companies in both retail origination and mortgage servicing. With its commitment to superior customer service and competitive products, the company is currently ranked 16th in servicing with more than $55 billion in its portfolio and 14th in originations, with $34.41 billion for 2002*. First Horizon is part of the First Tennessee National Corp. (NYSE: FTN) family of companies.
*Rankings current as of February 2002. Source : Inside Mortgage Finance®
About Dorado Corp.
Dorado Corporation is the leader in Demand Chain Management software applications for U.S. home lending banks. Dorado’s mortgage, home equity, and real estate products integrate business customers and consumers into lending processes. Dorado’s Web services-based solutions increase flexibility and efficiency and enable the up- and cross-sale of financial products and services. www.dorado.com
Press contacts:
Joanne Gaskin
VMP Mortgage SolutionsMortgage Business Unit
Bankers Systems, Inc.
800-343-5586, ext. 326
Melinda Mattei
Dorado Corporation
650-227-7329
Copyright © 2003 Dorado Corporation. All rights reserved. Dorado, the Dorado logo, Dorado ChannelMaster, Dorado PriceMaster, and Dorado .MOR are trademarks of Dorado Corporation. Other company and/or product names may be trademarks or registered trademarks of their respective companies.
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