London, April 5th 2001 - Lost Wax, a European e-commerce technology company, has developed an online mortgage service for Creditweb. The service has been delivered by Lost Wax in just eleven weeks and uses a technology solution that can be used to build further Creditweb online services as and when its business model requires them.
Creditweb is a leading European e-finance company specialising in mortgages and other consumer finance products. The online mortgage service has been developed by Lost Wax to provide information in a clear and consistent way enabling people to compare products from over 130 UK mortgage lenders.
The site content and layout are dynamically generated and data driven using content assembling software created by Lost Wax. This software enables the Creditweb service to be adapted and augmented to support other country versions in just a few hours. Additionally, subsequent online services, such as for personal loans and credit cards, can be developed and rolled out extremely quickly.
David Aylmer (CTO), Creditweb, said “Our decision to use Lost Wax was based on its reputation for developing cutting edge technology. They appreciate the pressures that face real businesses, are able to react quickly and implement the technology solutions accordingly. We now have the technology to support future business models - new Creditweb online services can be developed in line with future market demands.”
About Lost Wax (www.lostwax.com)
Lost Wax is a European e-commerce technology company. It is at the forefront of agent technology, delivering agent-based software solutions that are critical to the future success of e-commerce.
Lost Wax has a five year track record developing business critical e-commerce solutions for some of Europe’s most pioneering e-businesses. It has also developed and offers a B2B e-Commerce Platform which is one of the most advanced software platforms available. Customers include the Baltic Exchange, Egg, Eurobenefits, General Motors (OnLine Finance), Sony, Psion and Orange.
Lost Wax currently employs 100 people. By delivering ground-breaking and innovative software projects it has built one of the most experienced Java, XML and Agent software development teams in Europe. The leading-edge nature of these projects has enabled Lost Wax to stay at the forefront of developments, tackling the most challenging technology issues and gaining significant insight into how the industry will evolve.
About Creditweb (www.creditweb.com)
Creditweb is a leading European e-finance company specialising in mortgages and other consumer finance products. The company distributes and processes financial products through offline and online business-to-business (B2B) and business-to-consumer (B2C) distribution channels and has prominent positions in the German and UK e-finance markets.
Creditweb has operating businesses in Germany, the UK and France with approximately 215 employees. Creditweb is headquartered in London with operational centres in Wiesbaden, Germany and Paris, France and 13 additional offices throughout Germany and the UK.
Creditweb is the pan-European B2C brand (www.creditweb.com). The UK B2B business is conducted under the established The Mortgage Operation ("TMO") brand.
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