So What Is MoneyIQ Anyway?

To begin, MoneyIQ is a Business Process Outsourcing firm that focuses on supporting loan, lease or mortgage origination and/or servicing solutions nationally in the Canadian marketplace. Our clients come to us looking for solutions that are cost effective, flexible and completely scalable. We provide a wide range of flexible loan or lease service solutions including outsourcing, technology and consulting that deliver solid results for our clients.

Utilizing the latest technology and business methodology MoneyIQ Canada has created a solid answer to our clients needs in respect to Business Process Outsourcing on a Service Oriented Architecture (SOA). In creating this environment we allow our customers to be what we call Business Agile Enterprises (B-AE). That is to say, our clients are able to adapt to changing market trends in the lending space and deploy new or improved origination and servicing solutions rapidly in a cost effective manner.

System workflows developed on our securely managed service allow us to map to or mirror any type of lending product or service our client’s desire. This allowing us to support any number of loan origination and servicing environments our clients require within one support environment. This includes any type of mortgage origination or servicing, as well as any loan or lease product they may desire.

Using our integrated web client we help our customers substantially reduce costs to connect with their clients. The web origination platform is dynamically connected to the internal platform allowing the immediate deployment of data to and from clients for all areas of origination and servicing. Further linking of the platform to third party vendors allows us to automate credit origination or servicing functions easily and provide effective responses.

To excel as a quality Business Process Outsourcing provider this also requires us to be able to follow our client’s product design workflows accurately and report on them regularly. Our internally integrated reporting tool allows us to be as granular as we desire in tracking and managing our client base.

Finally, in conjunction with our partners at Axcess Canada, Horn-IT and Fusepoint we have established a solid Business Continuity plan insuring maximum uptime and system stability for us and our customers. Our solution is located in an environment that is completely compliant with CICA 5970 and SAS 70 (Type II). These programs have specific requirements for service providers managing customer data and focus heavily in the areas of compliance, security and access. CICA 5970 is a Canadian standard administered by the Canadian Institute of Chartered Accountants while SAS 70 is the US-based equivalent developed by the American Institute of Certified Public Accountants. Fusepoint has also been certified by Visa® Verified for its security. These points were key drivers in our selection of their vendor services over other firms.