Ellie Mae Awarded U.S. Patent for Enterprise Security Management
23 5월 2012 - 10:00PM
Business Wire
Ellie Mae® (NYSE MKT: ELLI), a leading provider of enterprise
level, on-demand automated solutions for the residential mortgage
industry, today announced that the United States Patent and
Trademark Office has issued the Company a patent for an advanced
security model that enables managers, loan officers and processors
to securely access critical loan files and documents online. The
Company now holds six patents.
The invention––U.S. Patent number 8,126,920 entitled,
“Enterprise Security Management System Using Hierarchical
Organization and Multiple Ownership Structure”––is a hierarchical
organization and security model for networked computing. It allows
multiple ownership of system files and resources while maintaining
flexibility of organizational control and strict security rules
over the users. In other words, Ellie Mae’s technology allows loan
origination system and other networked computer users to access,
work and collaborate securely on files and documents. In addition,
a user’s access and/or ability to make changes may be limited or
controlled by members higher up in the organization or network. For
example, a lender can restrict what actions a mortgage manager can
perform on loan files and documents or limit what a loan officer or
processor can approve and what data and files they can access.
“As our industry migrates to cloud computing and software as a
service (SaaS), new opportunities and challenges for clients are
being created,” said Limin Hu, Ellie Mae’s co-founder and chief
technology officer. “On one hand, this new paradigm enables greater
access and efficiency within organizations and supply chains; on
the other hand, it also increases the possibility of security
lapses. Our new, patented technology addresses both the
productivity and security concerns of our clients, and we believe
may have applications beyond the mortgage industry.”
About Ellie Mae
Ellie Mae, Inc. is a leading provider of on-demand automation
solutions for the mortgage industry. The Company offers an
end-to-end solution, delivered using a Software-as-a-Service
model that serves as the core operating system for mortgage
originators and spans customer relationship management, loan
origination, and business management. The Company also hosts the
Ellie Mae Network™ that allows mortgage professionals to conduct
electronic business transactions with the lenders and settlement
service providers they work with, to process and fund loans. The
Company's offerings include the Encompass®, Encompass360® and
DataTrac® mortgage management software systems.
Ellie Mae was founded in 1997 and is based in Pleasanton,
California. To learn more about Ellie Mae, visit www.EllieMae.com
or call 877.355.4362.
© 2012 Ellie Mae, Inc. Ellie Mae®, Encompass®, Encompass360®,
DataTrac®, Ellie Mae Network™ and the Ellie Mae
logo are registered trademarks or trademarks of Ellie Mae,
Inc. or its subsidiaries. All rights reserved. Other company and
product names may be trademarks or copyrights of
their respective owners.
Ellie Mae, Inc. (AMEX:ELLI)
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Ellie Mae, Inc. (AMEX:ELLI)
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