LANSDALE, Pa. /CitizenWire/ — Global DMS, a leading provider of Web-based compliant valuation management software, announced that due to an uptick in the mortgage industry's need for its suite of SaaS-based technology solutions, the company has experienced significant organizational growth. As a result, various measures have been taken to strategically manage ongoing growth and effectively support clients.
"While we are enjoying substantial growth, our number one priority is to provide clients with progressive solutions and second-to-none service that effectively supports their business needs amid a highly challenging, compliance-intensive, fluid lending landscape," said Vladimir Bien-Aime, CEO of Global DMS. "As such, we relocated to a larger facility, added staff, expanded our technical support department, implemented various quality assurance procedures, and enhanced our product line. These investments will ensure that we grow at a healthy, controlled rate and continue to service Global DMS' most valued asset – its customers."
Global DMS hired new software developers, business analysts, support analysts, implementation managers, quality assurance specialists, sales executives and a chief operating officer. In order to house the addition of staff and accommodate new hires throughout the course of 2013, Global DMS relocated its headquarters to a larger, state-of-the-art facility in the greater Philadelphia metropolitan area.
The company's net revenue increased 105 percent from 2011 to 2012 due to new clientele and an increasing number of appraisal transactions being run through its platform by lenders and AMCs. Key innovations that Global DMS introduced in 2012 include the launch of a sophisticated business rule-driven workflow management engine and a major compliance technology initiative that integrates the company's solutions with leading loan origination systems. Lenders, AMCs, appraisers and other real estate entities have come to rely on Global DMS' suite of valuation software solutions and support services to help run their appraisal processes. Company officials at Global DMS state that they will continue to add support staff, new programs and take various other customer-facing measures designed to provide elevated service.
Global DMS was designated a Top 50 Servicer Provider by Mortgage Technology magazine in 2012, as well as the three preceding years. In 2011, Global DMS was named to the Inc. Magazine's Inc. 5000 list with a ranking of 1101 and a three-year growth rate of 273 percent. The company continues to grow at a rapid rate and expects to nearly double revenue in 2013.
About Global DMS:
Founded in 1999 and headquartered in Lansdale, Pennsylvania, Global DMS is the mortgage industry's preeminent provider of commercial and residential real estate valuation solutions catering to lenders, servicers, AMCs, appraisers and other real estate entities. The company's solution set is cost effectively delivered on a software-as-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process. Notable is that Global DMS has retained 100 percent of its lender clients since its inception. The company's solutions include its eTrac valuation management platform, eTrac WebForms, Global Kinex, AVMs and the MISMO Appraisal Review System (MARS). For more information, visit the company's web site at http://www.globaldms.com/ or call (877) 866-2747.
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