Product Features of SSI Applications

Market Tested

The SSI platform was built around the needs of the whole loan aggregation and securitization business. Our products have been refined through rigorous use by our Clients, and reflect industry best practices.

Highly Configurable and Easily Integrated

Street Solutions has kept configurability and integration in mind from day one.

• LoanTalk allows users to integrate into client’s existing technology, as well as incorporate third party service providers and customers
• Users can define their own calculations
• Quick changes can be made to external models, data formats and service providers

Comprehensive Loan Data Model

A common architecture underlies all our products, consisting of a comprehensive loan data model, tape cracking and reporting tools, a sophisticated workflow engine, and enterprise controls.

SSI's data model captures relevant information over the entire life cycle of a loan, from origination/acquisition, through warehousing and the eventual exit strategy.

Notable features of the database include:

• Support for a wide variety of products, including scratch and dent, reverse mortgages, and non-US assets, including loans in multiple currencies
• Provides historical servicing data capture, including P&I, delinquency and REO information
• Captures third party service results, such as credit data, property valuations, and fraud checks
• Captures model results from rating agencies or client's proprietary risk systems

Advanced Tape Cracking

Data transformation and validation come into play in almost all aspects of the mortgage business. Our sophisticated and user-friendly tape cracking functionality eliminates the need for standalone third party tools.

Advanced features include:

• Support for multiple data formats including XML, Excel, CSV, and even mainframe EBCDIC
• Support for industry standards such as MISMO
• Scripting engine for specifying advanced transformations
• User-defined data validations and calculations
• Built-in integrity checks, such as flags for duplicate and/or previously seen loans

Reporting and Querying

Our reporting engine can generate customized reports and exports, including:

• Collateral overviews, strats, and structuring replines
• Aggregate and detail views of inventory
• Seller and channel trend reports
• Loan-level exports in a variety of output formats
• Ad-hoc queries at an aggregate or loan level

Customized business logic

The workflow engine built into all SSI products allows clients to customize business logic.

• Key business processes, such as new trades or deal closings, can be configured to trigger validations, generate template-based notifications, schedule subsequent tasks, and send data feeds to both internal and external systems
• Workflow rules can be created and maintained through user-friendly editors, allowing non-technical managers to control and direct critical business processes

Auditing and Rights Management

Our flexible roles and rights mechanism brings true enterprise-level controls to a client's business, allowing detailed control of access and edit permissions. System-wide audit trail functionality ensures accountability and adherence to firm policies.

Fast Deployment

SSI’s Managed Platform allows clients to meet their loan management needs without building or maintaining an IT infrastructure. The Platform is an outsourced installation of SSI’s LMS and database, maintained by SSI staff. No client IT staff is required. Clients can have access to SSI’s powerful processing capabilities within a week. 

For clients requiring our enterprise system, SSI’s deployment team has successfully implemented systems within two months. 

Industry Standard Technology Leads to Scalability