NEW YORK--(BUSINESS WIRE)--Zenta, a leading commercial real estate and financial services outsourcing company and Rockport, providers of the leading commercial real estate system for loan origination, underwriting, securitization and asset management, announced today that they have partnered to deliver a combined technology and services offering to the CMBS, Commercial Banking and CRE markets. This initiative will enable Rockport and Zenta to provide clients with a single solution integrating cutting edge technology and services.
“This collaboration combines the power of Zenta’s due-diligence, underwriting and data analytics capabilities with Rockport’s robust web based commercial real estate platform,” says Colette Prior, executive vice president of Zenta’s global finance and real estate services division. “Rockport provides a true enterprise level platform for each facet of the loan origination life cycle, as well as ongoing asset management capabilities. We are very excited to be able to offer our clients the benefits of the Rockport underwriting model together with the analytical efficiencies of Zenta’s capital markets team. Seamless collaboration between Rockport and Zenta will deliver a turn-key underwriting solution to our clients.”
“Zenta and Rockport represent the ideal alliance,” said Will Trepp, Chief Operating Officer of Rockport. "Both organizations share a vision for the future, based on a premise of a superior standard of quality and integrity."
About Zenta
Founded in 2000, Zenta is a world-class knowledge process outsourcing (KPO) and business process outsourcing (BPO) company, offering a full range of back-office, voice and on-site support solutions such as loan processing and underwriting, real estate capital market analytics, consumer lending, accounts receivable management, and mortgage loan administration in the following verticals: commercial and residential real estate, consumer credit, insurance and financial services and diversified business services. The company currently employs more than 5,000 staff in New York; Philadelphia, PA; Dallas, TX; Charlotte, NC; Mumbai and Chennai, India; and Manila, Philippines. For more information about the Company, visit www.zenta.com.
About Rockport:
Rockport was created in the late 1990’s to provide tools to support and improve work process in the Commercial Real Estate Industry. These tools have evolved into an enterprise web-based platform that provides institutions with an efficient Origination/Underwriting/Securitization process as well as control over Commercial Real Estate Assets and Portfolio Risk. Rockport’s application includes a comprehensive core database which is fully integrated with Microsoft Excel for underwriting, a scalable document repository, simple and configurable web interface, powerful reporting, compliance functionality and secure hosting leveraging SAS 70 Type II certified datacenters with geographically dispersed backups. Rockport is a mature system which has been in active use for over a decade by prominent financial institutions. Rockport Founder Rick Trepp is also Founder of Trepp LLC, the recognized industry standard provider for CMBS data & analytics. To learn more about Rockport and view a product tour please visit the Rockport site: http://www.TheRockportGroup.com/Products/ProductTour.aspx