Option One Mortgage Corporation implemented seleqtech solutions to improve decision making and reporting. The solutions delivered timely key performance indicators to business users through online tools. This information helped executives and management run the business and make profitable decisions. The solutions increased productivity, proficiency, and resource efficiency while improving operational costs, delinquency rates, strategic planning, service quality, and profit levels. seleqtech provided data integration and reporting capabilities to help clients make better business decisions.

1. seleqtech
of special quality
Option One Mortgage Corporation Improves Decision Making & Reporting Using seleqtech Solutions
Solution Overview
Solution & Services Summary
The major focus was to deliver a set of reliable
Industry and timely Key Performance Indicators (KPI’s)
Financial Services made available to business users through on-
line analytical tools and reporting software. This
information is then delivered to Servicing
Business Function Executives and Management to assist with
Residential Mortgage Lender running their business and making business
decisions that will lead to increased profitability.
Time to Deploy Solution
Business Benefits
Phase I – Loan Servicing: 4 ½ Months
Phase II – Call Center (ICM): 5 ½ Months
Phase III – Call Center (CMS): 3 ½ Months
• Increased productivity levels by providing a
user-friendly, intuitive reporting interface with
access to historical information and giving the
users the capability to drilldown to the exact
Architecture
data required. The solution empowered the user
Data is sourced from third-party applications
groups to provide reliable information in a more
and stored nightly in an Oracle staging
efficient and timely manner.
database where the data is then transformed
and loaded into an Oracle database utilizing a • Increased proficiency levels by offering intuitive
star-schema model. The data is then pushed and easily accessible reporting tools.
to Analysis Services where cubes are Management and associates now have a better
generated. The data is made available to the understanding of the data elements and
users via ProClarity (MOLAP) and other direct- business metric definitions used across all
access tools (ROLAP). business channels.
• Improved resource efficiencies by allowing
valuable resources to focus on other projects
Software Used and analysis, rather than servicing common
Oracle 9i independent or unstructured information
Informatica 6 requests.
Microsoft SQL Server 2000 • Increased profit levels through improvements in
Microsoft Analysis Services 8.0 the following areas: Operational costs,
ProClarity 5.2 delinquency/loss mitigation, strategic planning,
service quality (internal and external
relationships), sales and marketing
Performance opportunities, and job satisfaction and
Number of users: 100’s employee retention levels.
Size of the database: 200 GB
OLAP type: ROLAP/MOLAP
• Laid the initial framework in building an
Enterprise Data Warehouse.
About seleqtech
seleqtech provides best-of-breed, powerful data integration and analysis/reporting capabilities that
empower general business users to glean the critical information required for timely, more informed
business decisions across the entire enterprise. The company's "Best of Breed" philosophy combined
with extensive industry experience help clients to effectively change their behavior regarding their use
of information to foster enterprise competitive advantage.
About The Client
Option One is in the business of making, servicing and selling non-prime residential mortgage loans.
Option One has over $42 billion in assets under management and consistently ranks in the top five
originators of non-prime residential mortgage loans by volume. Option One has received top ratings
for their servicing operations from Fitch Ratings, Standard & Poor’s and Moody’s.
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