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Ellie Mae Empowers Contour Users to Easily Switch to EncompassBy James Comtois With the creation of this wizard, Ellie Mae has now enabled the conversion to Encompass from all major loan origination systems, not just its own two, but also Calyx Point. Previously, it was difficult for Contour users to switch loan origination systems. "Since Contour lends itself to customization, many of Contour's users have highly customized the software, which increases the complexity of transitioning to another loan origination solution," said Jonathan Corr, chief strategy officer at Ellie Mae in a statement. Once Encompass is installed, users may leverage the Contour Migration Wizard to easily import their settings, information and data, including loan files, custom field settings, loan templates, loan programs, custom letters, tracking settings, document settings and vendor databases. Users can also select the items to transfer and the wizard does the rest. The wizard then incorporates the data and adjusts it to seamlessly flow into the Encompass system. The Contour Migration Wizard is available at no charge for those switching to Encompass Standard, Personal, Professional, Banker and Custom Editions. "We've made it so easy to migrate to Encompass that there's no reason to be using anything but the best loan origination system on the market," added Mr. Corr. "With our Encompass product line for brokers and bankers, we've got something for every originator in the business. A large portion of our Contour customers are bankers, so the recent addition of Encompass Banker Edition is a great option for our banker users." Despite the creation of the wizard, Ellie Mae has no plans to phase out Contour. "Ellie Mae has plans to support Contour for the foreseeable future," said Rich Feinberg, group product manager for Encompass. "Many clients have been migrating over to Encompass [because] Encompass is a superior system. We do have customers that are moving faster over to Encompass." Another reason for the new tool, according to Mr. Feinberg, is to allow clients move at their own pace, which is why Ellie Mae will continue to keep Contour operational. "We want our customers to be successful. When they move to Encompass they are more likely to be successful in their business, [but] customers want to make their move when they make their move. We want them to feel comfortable to move on their own time, not ours," he said. Encompass has been deployed by seven of the nation's top 10 brokerages and more than half of the nation's top 250 brokers. Overall, Encompass is in use by more than 12,000 companies and has more than 130,000 users. Ellie Mae is releasing the Contour Migration Wizard, as well as launching Encompass Custom Edition, which enables users to customize Contour to meet their needs, this month. "As [clients] move over to Encompass, they don't have to worry about multiple products. They have one product that contains the entire solution," added Mr. Feinberg. |
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