Page 2 - EDM Xit2Asset Management Service Brochure Sample

xit2 specialises in secure data management. xit2 offers data-management services to
lenders, surveyors, panel managers, mortgage intermediaries, and conveyancers through
four product areas: Valuation Management Services, Asset Management Services,
Conveyancing Management Services and Development Management Services. Within
these four areas are a broad portfolio of solutions administering all aspects of mortgage
transactions from repossessions management and valuations to EPC delivery and arrears
management tailored for the property sector.

xit2 ensures the swift and secure exchange of property related data and provides essential
support services to our clients, including electronic invoicing and ongoing IT development
support, with first class service and relationship back up.

xit2 is a part of the EDM Group that delivers comprehensive information, infrastructure and
decision support products and services for financial and legal professionals. Their ecpertise
in managing complex information solutions brings customers real value through efficiency,
quality and reliability.

Asset Management Services (AMS)

xit2 AMS supports lenders by providing a together during the property disposal
full suite of asset management solutions. process. With the time to sell a repossessed
An on-line portal to manage arrears, property reaching up to 200 days, the
a system to manage the LPA process amount of communication between lenders
for buy-to-let properties and our well and asset managers is only set to increase
established Repossession Exchange for as asset managers spend longer selling and
the management of property repossession. maintaining repossessed properties.
Alongside this is a tool to highlight possible
suspicious mortgage transactions. AMS include:

AMS allow lenders to create a panel of • Repossession Exchange.
asset managers to mitigate risk and create • LPA Exchange.
optimum efficiency with their partners.
• Arrears Management Portal.
• Audit & Fraud Tool.
We ensure lenders can track their asset
managers’ work-flow, and bring third-party • MI Analytics.
oversight and management information • Audit Valuations.