Cloudvirga announced the rollout of its Horizon Retail Point-of-Sale (POS) integration using Encompass Partner Connect, the latest API framework for mortgage technology from Intercontinental Exchange (ICE).
This framework enables industry participants to integrate to ICE solutions and provide their services to loan originators and servicers through secure API-enabled technology. Available via the Marketplace in the ICE digital lending platform, Cloudvirga’s integration will enhance the way loans created within Cloudvirga’s Horizon Retail POS can be exported to lenders using the Encompass® platform, according to a news release.
The new framework focuses on three areas:
- Performance: The integration boosts processing speed, enabling lenders to manage loans with more efficiency.
- Security: The integration ensures protection of sensitive loan data.
- Maintainability: The API-first approach streamlines the development of new features and accelerates the resolution of potential future issues.
“We’re thrilled to be able to offer this enhanced integration by leveraging the latest API framework because this technology raises the bar for seamless, secure and high-performing POS-to-LOS integrations,” Cloudvirga CEO Maria Moskver said in a release. “This migration underscores our commitment to delivering cutting-edge technology solutions that empower leaders to close loans faster, more securely and with greater confidence.”