Hall Settlement Systems Offers Insight on the Future of Total Transaction Management Systems at ALTA® Annual Convention

October 11, 2006

Hall Settlement Systems

SAN FRANCISCO, CALIF., AND FRISCO, TEXAS-(ALTA Annual Convention 2006, Booth # 3)-Hall Settlement Systems will present insight on how title and settlement companies can benefit by using a Total Transaction Management System (TTMS) during the American Land Title Association (ALTA) Annual Convention, Oct. 11-14, at the Westin St. Francis Hotel, San Francisco, Calif.

The ability to adapt to changing market conditions is vital for title and settlement companies, according to Jon Allen, vice president, business development, for Hall Settlement Systems. Allen along with Wendy Gibson, senior vice president, will discuss the future of technology for the title industry during the educational session, Total Transaction Management Systems, 11:45 a.m.-1 p.m., Thursday, Oct. 12.

"Making good decisions about business performance is difficult when the information is fragmented across more than one system and department," said Allen. "TTMS combines transaction management and processing in a single system instead of a combination of multiple applications or disparate systems. This enables companies to have single view of their total business performance and utilize this information to support decision-making, forecast future needs, and adapt their operations."

"The ability to go beyond open-to-close transaction processing and really gain an understanding of our overall business performance is integral to Richmond Title Services' strategy for growth," said Steve Schachter, vice president, operations and business development for Richmond Title Services, LP, a full-service title and escrow company doing business nationwide. "Using Hall Settlement System's eTitleAxis total transaction management system we can track and hone core competencies, reduce errors, improve efficiencies and better manage outsourcing. This in turn has enabled our company to improve customer service, increase revenue, and be well-positioned to adapt to changing market conditions both now and in the future."

Hall Settlement Systems will demonstrate the latest enhancements to its eTitleAxis system at Booth # 3. The company has added more than 150 customer-driven enhancements to the system since January 2005. The latest enhancement to eTitleAxis enables users to initiate both contacts-based and transaction-based e-mail directly from the system. This feature improves the title company's ability to communicate with their suppliers, customers and consumers about new programs and services, while reducing phone and fax usage.

"Hall Settlement Systems is committed to ensuring that eTitleAxis is the most technologically advanced management and processing system for the title and settlement industry," said Gibson. "We continually listen to our customers as well as to the industry, and direct development of our product based on their business needs. Enhancing eTitleAxis with customer-driven features helps ensure our clients are productive, deliver superior service to their customers, and have the ability to scale and grow their business."

eTitleAxis is known primarily for its ability to adapt to the individual needs of each client and works with all underwriters. The system is 100% Web-based, so adding users and even branches can be done in a matter of minutes, and title company employees can work anytime, from anywhere with secure Internet access.

Contact ALTA at 202-296-3671 or communications@alta.org.