FICS Reports 175 Percent Increase in User Volume

""Financial Industry Computer Systems, Inc."":http://www.fics.com/ (FICS), reported Monday that rising demand for commercial real estate (CRE) servicing software has led to a major increase in the Dallas-based company's user volume.

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FICS has seen a 175 percent increase in ""Commercial Servicer"":http://www.fics.com/index.cfm/commercial-loan-servicing-software/ user volume during the last nine months. Users of the company's Commercial Servicer software cite its powerful reporting features and ease-of-use as the keys to supporting additional growth. The software supports industry standard reporting methods and ensures compliance with federal agencies by generating specialized accounting reports and interface data files for Fannie Mae, Freddie Mac, Ginnie Mae and CRE Finance Council.

The simplicity and reduction in time spent searching for loan information is a major boon for ""CWCapital LLC"":http://www.cwcapital.com/Home/Welcome.aspx, said Brian Knibbs, VP of investor reporting and database management for CWCapital. The national lender has increase its usage of Commercial Servicer by 40 percent in the last six months to support the rapid growth of its portfolio.

""In addition to the functionality, Commercial Servicer is such an intuitive program, it requires very little training time when adding new users,"" said Knibbs. ""We can quickly train new users, and FICS goes above and beyond in providing outstanding customer service year-in and year-out.""

""Commercial real estate carries its own complex servicing challenges, and we designed Commercial Servicer to enable our users to manage the servicing process as simply as possible,"" said Susan Graham, president and CEO of FICS. ""We're excited to see so many of our customers, like CWCapital and Largo Real Estate Advisors, expanding their business in this economy and that FICS has been able to support their technology needs.""

FICS was founded in 1983 and provides residential and commercial technology solutions to the mortgage industry.