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Vancouver, B.C. (PRWEB) May 20, 2006 -- Financial software solutions provider, Dolphin Enterprises Ltd. has announced the launch of its new mortgage management software, ‘MIC Manager’ for Mortgage Investment Corporations or MICs.
MICs are investment conduits used primarily, yet not exclusively, by Mortgage Managers in order to manage many individual investors into a variety of mortgages. MICs and their use are continuing to increase in size and number since they successfully fill the increasingly expanding need for alternative financing as opposed to financing from the traditional banks.
Dolphin Enterprises’ ‘MIC Manager’ is designed to integrate all corporate data, eliminating dependence upon manually maintained spreadsheets and their inherent susceptibility to human error, while increasing efficiency. The new system simplifies and speeds administration procedures for MICs through the automation of many key operations. These include mortgage data input and maintenance, progress analysis and execution of calculations such as interest, yield and dividends.
The fact that the software is one of the software systems first to market, combined with the increasing need for MIC data management, means that Dolphin Enterprises is well placed to be a dominant software solution provider within the Mortgage Industry.
Commenting on the launch of the MIC Manager, Dan Dolphin, President of Dolphin Enterprises Ltd. stated,
“This is an unique system for mortgage managers which is designed to transform the accuracy, efficiency, consistency and integrity of data management within the mortgage and financial services sector. Switching from manually maintained spreadsheets to the integrated MIC Manager allows corporations to leverage communication for both the borrower and investor allowing them to focus on their core business of funding mortgages.”
For over 20 years, Dolphin Enterprises Ltd. has been designing and implementing custom enterprise database management software solutions for the mortgage and financial industry. The company’s series of Mortgage Investment Management database management solutions manage data, provide automation and integrate data.
For further information contact Shannon Dolphin, Dolphin Enterprises Ltd. 3rd floor – 1055 West Hastings, Vancouver, V6E 2E9. Phone: 604-609-6170.
Statements in these news releases regarding the company's or management's intentions, beliefs or expectations, or that otherwise speak to future events, are "forward-looking statements" within the meaning of Section 27A of the Securities Exchange Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include those statements preceded by, followed by or that otherwise include the words "believes," "expects," "anticipates," "intends," , “predicts”, "estimates," "projects," "target," "budget," "goal," "plans," "objective," "outlook," "should," or similar words. In addition, any statements regarding possible commercially, development plans, capacity expansions, future cash flows and changes in any of the foregoing are forward-looking statements. Future results and developments discussed in these statements may be affected by numerous factors and risks, such as the accuracy of the assumptions that underlie the statements.
