DEAL MANAGEMENT SYSTEM (DMS)
Another offering of xplair is the Deal Management System (DMS). Another web-based system that gives users the ability to open and manage new deals—demographics and values are classified instantaneously. Deals are managed through funding and then measured and tracked against many performance metrics.
Because considerable coordination is necessary to ensure maximum effectiveness, DMS provides a web-based workflow engine that was designed to create a partnership between acquisition, servicing, asset management and capital markets. During acquisition and due diligence, DMS allows asset managers and underwriters to order the requisite due diligence products from vendors, consolidate and score the results, track and report the status and performance of assets as they board with internal and/or external service providers. In short, DMS is a centralized portal where asset managers can task, follow-up, and report on activity necessary for successful resolution across multiple service providers in near real-time.
As an acquisition tool, DMS can accept and normalize asset level mortgage information (from a myriad of financial institutions) in a secure environment, enabling efficient risk-based pricing. The specific bidding assumptions (cost of capital, return, exit strategies, etc) used in asset valuation/pricing, are easily modified and subject to the will, discretion, and goals of the potential buyer. DMS allows buyers and sellers to post, track, and communicate with the capital markets (bidding) functions.
DMS provides the necessary resources that make bidding and due diligence much more streamlined and efficient.
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