When considering a web based mortgage loan origination software for any purpose that involves sensitive data, it is quite common and perfectly normal to question the security of the data that is being sent through seemingly indefensible internet.
In reality there are many ways that mortgage software developers such as ATLOS secure the data that is transmitted electronically through the web. Our experience is heavily based in the mortgage industry. We are intimately familiar with the special care that must be taken to secure borrower data from any possible theft. In order to protect themselves from any concern about their client’s data becoming compromised, it is of course a primary concern for a mortgage brokerage, lender, and even a processing company to secure all of the data they are responsible for.
Loan software that is utilizing all of the latest security protocols will not only be able to decrease the man hours and paper expenses of your business, but it will also protect all of your client’s personal and mortgage related information.
Our web based mortgage software utilizes AES 128 bit encryption as well as single use passkeys that are discarded after each user session. We want to ensure that the data we host for our client’s is using state of the art encryption and recover methods. Aside from just encrypting the live data, we also encrypt all data we store where it stays encrypted until it’s needed again in the event of a system recover.
With regard to disaster recovery we utilize both staging and replication methods. By staging the servers and preparing them for a quick implementation we can save valuable time that would have previously been lost. Another method we often employ is replication. This method replicates an active server onto a 2nd active server. Any changes done on the live server will automatically replicate to the 2nd server. This means that if your first server goes now you have a 2nd active server completely ready to go. By having duplicated active server you are able to limit your down time to nearly zero. If one of your servers is compromised the other one will automatically pickup the workload. Since they have been sharing data there is no data loss and no recover time.
It’s also important to ensure your mortgage data is being stored remotely on a secondary backup server that is separate from the first one. This redundancy ensures you are thoroughly protected from losing any data, even in the face of natural disasters like tornadoes or hurricanes.
ATLOS document management software was built to ensure security of our client data on every level. In addition to the many features and benefits of using hosted software as a service for your mortgage work flow, you can rest assured that your data is secured.