Avista Solutions Completes LOS Implementation for First National Bank of Pennsylvania
First National Bank's search for a web-based retail lending platform with transparency and advanced reporting capabilities was fulfilled by Avista Solutions' loan origination system.

CHARLESTON, SC, January 19, 2012 /24-7PressRelease/ -- Avista Solutions, a leading provider of a web-based, end-to-end, mortgage loan origination system, welcomes Hermitage, PA-based First National Bank of Pennsylvania as a new customer. First National Bank, the largest subsidiary of F.N.B. Corporation, recently launched the Avista Agile LOS retail platform.

"I am pleased to announce that First National Bank of Pennsylvania chose Avista as its new LOS provider," Avista Solutions CEO Mark Phlieger said. "Our system is a powerful tool for any mortgage lender looking to streamline their operations and succeed in the marketplace, and I look forward to a rewarding partnership."

First National Bank previously managed its mortgage lending operations from two separate front-end and back-end systems, which led to a less than optimum workflow process. The bank launched a search for a new system that could offer full transparency of information and in turn increase efficiency and data accuracy. After whittling its candidates down to four, the bank chose Avista Solutions as its best fit.

It wasn't just transparency that tipped the scales in Avista's favor - the system's web-based, software as a service (SaaS) model was also a deciding factor for First National Bank. Avista's web-based format allows loan originators to easily take work into the field and keeps the bank from having to tap into its own internal servers for hosting purposes.

DataMart , Avista's onsite data storage and reporting tool, was another feature that won over First National Bank. The bank wanted the ability to produce a variety of reports that could be moved onto its servers quickly, and Avista's DataMart stood out among competing reporting tools. Additionally, Avista's data mining capability was important because of its potential to enhance cross-sell opportunities.

Avista also offered a flexible implementation process that impressed First National Bank decision makers.

"We chose Avista because the system has an infrastructure that can accommodate our growth," First National Bank of Pennsylvania Senior Vice President and Real Estate Services Manager Rhoan Hernandez said. "Also, we can streamline and create an efficient, virtually paperless credit process. Not only is this environmentally friendly, but it will also ultimately improve the level of service we offer our customers."

Press Release Contact Information:

Lauren Johns
Avista Solutions
Marketing Analyst
100 Calhoun Street, Suite 210
Charleston, South Carolina
USA 29401
Voice: 843-619-4800
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