Tuesday April 22, 2008 12:28 pm ET
Toltec Financial Adopts Credit Track Loan Origination Platform From Global Wave Group
LOS ANGELES, CA--(MARKET WIRE)--Apr 22, 2008 -- Toltec Financial, Inc. has engaged Global Wave Group to automate their loan process. Toltec was in the market for a flexible and scalable solution to meet their high volume and customer service needs. Global Wave Group's Credit Track software, which originates, approves, documents, funds and services loans, was the ideal solution for Toltec.
"Global Wave offered extensive customization that adapted to our unique processes," said Cesar Rosas, President/CEO of Toltec Financial, Inc. "Global Wave's emphasis on innovation fit our business model, unlike other options in the market."
"We welcome Toltec Financial and appreciate their trust in Credit Track. We have worked with Toltec to develop a configurable software solution to adapt to their business process," said Zubin P Mehta, President/CEO of Global Wave Group.
About Toltec
Based in Santa Ana, California, Toltec Financial is a new, innovative consumer finance company seeking to improve the quality of loan products available to those with limited/no credit history. They value customer education, fair prices, and giving back to the community. In fact, Toltec donates 5% of net profits back to the community. Toltec Financial: Tu Financiera.
About Global Wave Group
Based in Aliso Viejo, California, Global Wave Group is a financial services technology company. Global Wave Group has developed and licenses a commercial lending and portfolio management solution called Credit Track. Credit Track is a web-based loan origination, workflow, approval, monitoring and reporting software suite that helps bankers manage their loan portfolio and mitigate credit lending risks. Global Wave also provides IT consulting specializing in the financial services industry.
Aug 01, 2007 20:32 ET
Global Wave Group Announces Appointment of Amit Govil to Board of Directors
LOS ANGELES, CA--(Marketwire - August 1, 2007) - Amit Govil has been appointed to the board of directors of Global Wave Group, LLC. Mr. Govil will advise the board on technology, strategy and marketing to financial institutions.
Mr. Govil is currently the Chairman and CEO of Calance Corporation, a global professional services company that provides high value and reduced total cost of ownership to its clients by leveraging global optimal delivery and technology.
Mr. Govil has 20+ years experience in system integration, business and technology consulting. He was formerly the Chairman and Managing Director of Sapient India and was responsible for the growth of the company to 850 employees delivering substantial Sapient's revenues. Prior to that, Mr. Govil worked at Andersen Consulting as a senior executive selling and delivering complex business and technology consulting engagements.
"Global Wave Group is excited to have Amit serve on our board. He possesses an excellent combination of leadership and proven expertise and will further strengthen our management team," said Zubin P Mehta, President/CEO.
Based in Aliso Viejo, California, Global Wave Group is a financial services technology company. Global Wave is developing a commercial lending and portfolio management solution called Credit Track. Credit Track is a web-based loan origination, workflow, approval, monitoring and reporting software suite that helps bankers manage their loan portfolio and mitigate commercial lending risks. The origination process captures data points that are used throughout the loan life cycle, thus eliminating redundant keystrokes, improving data quality and allowing straight through loan processing. Credit Track helps in the monitoring and tickler process via tracking covenant conditions and required financial submissions. The application has a dashboard to track metrics as well as performing various levels of operational and management reporting. The application is highly configurable and requires no programming knowledge to make workflow and operational changes.
