BCE Emergis Chosen By FBC Valuation Services - First project in Canada to automate appraisal delivery services on a national scale
Montreal, Quebec-- January 27, 2000
BCE Emergis announced today that it has been selected to implement a suite of electronic appraisal delivery services for FBC Valuation Services. FBC is Canada's largest national appraisal management company and is a division of Trilon Financial Corporation (TSE: TFCA). With this agreement, FBC enhances its ability to send appraisal orders and status reports, and receive completed appraisals, all in electronic format, from a national network of several hundred appraisers via a secure Internet link managed exclusively by BCE Emergis.
"With our volumes set to almost triple to 100,000 appraisals in 2000 from 35,000 in 1999, partnering with a major service provider like BCE Emergis is a key component of our strategy. They provide the necessary infrastructure to handle these complex applications on a national scale," said Terry McLean, VP National Valuation Services at FBC.
"This project with FBC marks our first initiative of this kind in Canada and further extends our reach in the North American financial and mortgage markets," said Robert Habert, Vice President and General Manager, Mortgage Services, BCE Emergis. "BCE Emergis has already established itself as a major provider in the electronic delivery of business-to-business information to the U.S. mortgage industry. This strategic partnership with Canada's leading appraisal management company positions us as the dominant provider of these services to the Canadian real-estate industry."
Under the terms of the agreement, BCE Emergis will ensure the security and handle the end-to-end flow of electronic documents between all trading partners. It will also provide a wide range of value-added features such as order alert, delivery certification, order acceptance and the continuous monitoring of the communications infrastructure.
FBC Valuation Services, based in Calgary, Alberta, is Canada's largest appraisal management firm. The company specializes in the electronic delivery of appraisals, and offers a wide range of real-estate information products to financial institutions.
BCE Emergis delivers network-centric Internet commerce business solutions that improve customer processes through the exchange of secure transactions. Combining Internet commerce services, network infrastructure, security services, and payment solutions through industry vertical applications, BCE Emergis offers a full suite of core technologies that are the essential building blocks for electronic commerce. BCE Emergis is among the top electronic commerce providers in North America and is listed on the TSE 300 Composite Index. For more information, please refer to www.emergis.com.
This news release contains certain forward-looking statements that reflect the current views and/or expectations of BCE Emergis with respect to its performance, business and future events. Such statements are subject to a number of risks, uncertainties and assumptions. Actual results and events may vary significantly.
For more information:
Anne Belliveau Terry McLean General Manager, Public Affairs VP National Valuation Services and Communications FBC Valuation Services BCE Emergis (514) 868-2232 (403) 298-7850 Email: abelliveau@emergis.com Email: tmclean@fbcres.com |