Modis plans, executes PeopleSoft upgrade for mortgage funding client

Client Overview: Federally chartered mortgage funding institution

Chartered by the United States Congress, this institution is stockholder-owned and supports lenders’ efforts to help U.S. citizens secure mortgage funding. The institution has offices in Virginia, New York and Texas.

The Modis Solution: Testing new PeopleSoft modules to ensure proper installation

This client’s Texas office was implementing a PeopleSoft-based centralized credit loss accounting system that tracks delinquent and foreclosure mortgage loans. They needed support for testing this mission-critical application.

Modis planned and executed the User Acceptance Testing (UAT), Stress Testing and compliance testing for the interfaces to the PeopleSoft Projects Module and for the integration between the PeopleSoft projects module and the PeopleSoft General Ledger. The resulting system provides the client with the ability to record and track mortgage information and accounting activity at a loan level from multiple legacy systems.

Our local branches have kept in step with the client’s growing information technology staffing needs, increasing our resources to keep up with the demand. By doing so, we have become the client’s top provider of information technology consultants.

At our highest point, Modis had approximately 200 consultants on billing at the client in multiple skill sets. All placements are coordinated through a single point of contact and her team of recruiters. Due to our long-term relationship and reputation for sourcing excellent candidates as well as tools such as our Guaranteed Delivery Program, Modis is able to provide the client with the best-qualified candidates in the least amount of time.

To see what Modis can do for you, contact your local Modis office today or read more Financial Services case studies.