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Amazon-Ellie Create Partnership

Ellie Mae Inc. has decided to move its infrastructure to Amazon Web Services—with the intention of rebuilding its core applications, creating new digital products that support lenders needs for efficiency. Amazon Web Services is a subsidiary of Amazon that provides on-demand cloud computing platforms.

Ellie Mae will use AWS services, including computing, storage, database, and more to develop new ways of delivering the true-digital mortgage and simplifying the loan process for its customers and partners. Ellie Mae built a company-wide data lake on AWS using Amazon Simple Storage Service to better understand, personalize, and further automate digital lending.

The aim is for Ellie Mae will become a more agile organization, reducing operating costs, and accelerating its pace of innovation so that it can better serve customers including banks, credit unions, and mortgage lending institutions of all sizes. The migration to AWS is designed to make it easier for Ellie Mae to innovate on the fly and accelerate its time to market for new loan management features.

“We process more than a third of mortgage applications in the United States, and use AWS to help us deliver on our mission of the true digital mortgage, so lenders can achieve compliance, quality, and efficiency,” said Satheesh Ravala, SVP for cloud engineering and operations at Ellie Mae. “We are confident that their services will continue to give us what we need to be nimble, innovate, achieve results, and cut costs while we grow and expand our business well into the future.”

Driving the move to AWS are capabilities that Amazon contends will generate efficiency and increase automation across the origination process, “so that lenders can process applications, deliver decisions, and provide funding to borrowers quickly,” said Mike Clayville, vice president for worldwide commercial sales at AWS.

 

 

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