Fidelity National Real Estate Solutions Releases Update to Integrate Broker BackOffice(TM) Pro with RE/MAX's FRAMES System
October 18 2005 - 5:45PM
PR Newswire (US)
JACKSONVILLE, Fla., Oct. 18 /PRNewswire-FirstCall/ -- The Real
Estate Solutions division of Fidelity National Financial, Inc.
(NYSE:FNF), a Fortune 500 provider of technology, services and
solutions to the financial and real estate industries, announced
today the release of an update that enables Broker BackOffice(TM)
Pro to integrate directly with FRAMES, RE/MAX's proprietary system
utilized for reporting individual office statistics to its regional
and international offices. Broker BackOffice Pro is a comprehensive
office management solution designed to automate and streamline
small to mid-sized real estate office processes. With the new
integration, RE/MAX professionals who use Broker BackOffice Pro are
now able to seamlessly transfer reporting information from that
system into FRAMES. This direct transfer capability will eliminate
the need for redundant data entry, expediting the reporting
process. To take advantage of this update, RE/MAX professionals
need to be using Broker BackOffice Pro version 5.0 or higher.
Broker BackOffice Pro users can download the update at
http://www.realestate.fnf.com/ . "The new integration between
Broker BackOffice Pro and the FRAMES system has tremendously
simplified our internal reporting process," said Sherry Duffie,
Office Administrator for RE/MAX AllStars in Brighton, MI.
"Reporting that used to take more than thirty minutes daily now
takes less than half the time as a result of this upgrade." This
Broker BackOffice Pro update is the latest in a series of
integrations and enhancements Fidelity National Real Estate
Solutions has brought to fruition over the past couple months. Last
month, the company announced the integration of Broker BackOffice
Pro with Microsoft(R) Office Small Business Accounting 2006
software, which enables clients to manage their real estate and
accounting transactions through a single solution customized for
the real estate industry. "Recently, we have been focused on
several major integrations and updates designed to create greater
efficiencies for real estate professionals," said Scott Hoen,
Executive Vice President of Fidelity National Real Estate
Solutions. "These enhancements demonstrate our ongoing commitment
to listening to our customers' needs and delivering meaningful
solutions." For more information regarding Fidelity National Real
Estate Solutions' Broker BackOffice Pro or the FRAMES integration,
please contact Sarah Smith at 651-653-0821. About Fidelity National
Financial Fidelity National Financial, Inc., number 261 on the
Fortune 500, is a provider of products and outsourced services and
solutions to financial institutions and the real estate industry.
FNF had total revenue of nearly $8.3 billion and earned more than
$740 million in 2004, with cash flow from operations of nearly $1.2
billion for that same period. FNF is the nation's largest title
insurance company, with nearly 31 percent national market share,
and is also a provider of other specialty insurance products,
including flood insurance, homeowners insurance and home warranty
insurance. Through its majority-owned subsidiary Fidelity National
Information Services, Inc. ("FIS"), the Company is a leading
provider of technology solutions, processing services and
information services to the financial services and real estate
industries. FIS' software processes nearly 50 percent of all U.S.
residential mortgages, it has processing and technology
relationships with 45 of the top 50 U.S. banks and more than 2,800
small and mid-sized U.S. financial institutions and it has clients
in more than 50 countries who rely on its processing and
outsourcing products and services. FIS also provides customized
business process outsourcing related to aspects of the origination
and management of mortgage loans to national lenders and servicers.
FIS offers information services, including property data and real
estate-related services that are used by lenders, mortgage
investors and real estate professionals to complete residential
real estate transactions throughout the U.S. More information about
the FNF family of companies can be found at http://www.fnf.com/ and
http://www.fidelityinfoservices.com/ . This press release contains
statements related to future events and expectations and, as such,
constitutes forward-looking statements. These forward-looking
statements are subject to known and unknown risks, uncertainties
and other factors that may cause actual results, performance or
achievements of the Company to be different from those expressed or
implied above. The Company expressly disclaims any duty to update
or revise forward- looking statements. The risks and uncertainties
which forward-looking statements are subject to include, but are
not limited to, the effect of governmental regulations, the
economy, competition and other risks detailed from time to time in
the "Management's Discussion and Analysis" section of the Company's
Form 10-K and other reports and filings with the Securities and
Exchange Commission. DATASOURCE: Fidelity National Financial, Inc.
CONTACT: Daniel Kennedy Murphy, Senior Vice President, Finance and
Investor Relations, +1-904-854-8120, or , or Darcy Patch, Senior
Vice President of Marketing, Office of the Enterprise,
+1-949-477-1173, , both of Fidelity National Financial, Inc. Web
site: http://www.realestate.fnf.com/ http://www.fnf.com/
http://www.fidelityinfoservices.com/
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