WebEquity Selects Qwest Hosting for Disaster Recovery

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On-demand lending software firm moves its disaster recovery site to Denver to further enhance system reliability and business continuity for its customers.

The leader in on-demand lending software.

Robust data security and disaster recovery capabilities are just a few of the significant benefits offered by on-demand software like WebEquity.

WebEquity Solutions™ LLC (WebEquity), the proven leader in on-demand lending software, announced today that it is moving its disaster recovery site to Denver with an industry leader; Qwest Hosting. More than 570 institutions rely on WebEquity’s on-demand software to automate the entire lending process from credit analysis to approvals, stress testing and loan covenant monitoring. WebEquity’s disaster recovery helps these organizations maintain business continuity through state-of-the-art backup and storage, intrusion protection, data security and real-time operation recovery capabilities.

Qwest is a Class 4 hosting facility which is one of the highest rankings in terms of robustness, redundancy and security a facility offers. WebEquity has also invested in establishing a “hot site” for its disaster recovery which provides complete system redundancy and continuous data feeds. These faculties provide virtually immediate recovery of the lending software allowing WebEquity’s customers to maintain business continuity in the case of a real catastrophe.

“Robust data security and disaster recovery capabilities are just a few of the significant benefits offered by on-demand software,” said Doug McGregor, CEO of WebEquity Solutions. “WebEquity has made a significant investment in our disaster recovery site to mitigate the risk associated with a potential catastrophe for our customers. Establishing a ‘hot site’ means that our customers know their financial institution will not miss a beat; their data will be recovered and the lending systems will be up and operational virtually in real-time.”

The WebEquity on-demand lending software provides financial institutions with a single system for financial analysis and risk management of their entire loan portfolio including commercial industrial, commercial real estate, agricultural, construction, small business and consumer credits. This on-demand, fully hosted solution also eliminates technology hassles for a lender; with the WebEquity software there is no software installation, reduces IT infrastructure costs and upgrades are automatic.

For more information about WebEquity’s on-demand lending solutions visit http://www.webequitysolutions.com or call 1-800-264-0787 ext. 3.

About WebEquity Solutions:
WebEquity™ is the proven leader in on-demand lending software. More than 570 financial institutions and 10,000 lending professionals use WebEquity to automate and streamline their lending process and reduce operational costs, while making more uniform and profitable credit decisions. The company offers financial institutions a distinct advantage with a single solution that works for all loan types, an on-demand model that provides centralized, anywhere access, and the flexibility to configure the system so it fits their lending practices. WebEquity serves institutions in the U.S., Canada and Australia. For more information call 800-264-0787 or visit http://www.webequitysolutions.com .

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Dave McEvoy
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