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All XML interfaces are not created equal. ELS has developed a unique Universal Translator which cuts time and money from the typical lengthy IT project. Using this proprietary technology, we can program to each lender’s specifications faster and more efficiently. The result is not only a lower cost of implementation with ELS, but higher reliability, increased flexibility, better support and maximized uptime. Our track record supports our promise of speed, cost effectiveness and extraordinary performance, with more than a dozen direct lender interfaces and several XML interfaces to the leading loan origination systems.

• What is XML?

  XML (eXtensible Markup Language) has emerged as the new standard in data communication. It allows you to describe any information in a platform and vendor neutral way, and then easily share this information with anyone. XML formatted files are an ideal format for implementing the ability to instantly order and retrieve online title, flood, and valuation information.

• What is EDI?

  EDI (electronic data interchange) is the direct, application-to-application transmission of information between computer systems. EDI compresses the timeline from initial order to shipment by sending information without the need for re-keying at any step along the way. EDI is a tool that eliminates waste, delay and human error.

• Why Use EDI Connections?

  Lenders can send orders directly from their internal computer application - without human intervention. EDI can thus minimize staff involvement and reduce the delays and errors that accompany the manual processing of business documents. By simplifying and streamlining workflow procedures, EDI can help your organization control costs, increase efficiency, and improve customer service levels.

• How Does EDI Work?

  EDI extracts data from your application. ELS works with the Lender to help determine the most efficient method to physically transport the data. At the receiving end, data can be fed directly into the state-of-the art ELSonline.net computer system, where it can be automatically processed. Within seconds completed reports can be returned to the Lender.

• What Are The Benefits of EDI?

  The most general benefits of EDI are improved speed, economy, and accuracy. Through an interface with First American Equity Loan Services valuation, flood, and title products can often be ordered, completed and delivered in seconds.