Amidst all of the industry events in its vicinity, Texas-based defi SOLUTIONS announced an expansion of defi SERVICING features and product roadmap last week.

The provider of defi SERVICING and defi ORIGINATIONS (software-as-a-service) and defi MANAGED SERVICING (servicing outsourced) said the defi SERVICING platform now has more than 700 features spanning all key servicing disciplines, including:

—Onboarding
—Customer service
—Account management
—Payment management
—Cash management
—Default management
—Maturity management

The company mentioned more than 375 features focus on workflow automation.

Additionally, defi SERVICING also can integrate with major third-party service providers and offers a suite of APIs for easier connection to the servicing platform.

Over the next year, the defi team is adding another 150 features to the core defi SERVICING platform as well as 50 features to defi CONNECT SERVICING, the digital portal that brings customer to borrower regardless of day or time.

“Most feature development is focused on expanding workflow automation and self-configurability capabilities,” the company said in a news release.

In addition to using the defi SERVICING software, finance companies can also outsource all or a portion of their servicing operation to defi MANAGED SERVICING. Whether expanding a portfolio, expanding servicing offerings, or simply in need of expert staff trained on the way a lender does business, defi can help a lender keep pace.

The company went on to say that defi MANAGED SERVICING’s ISO-certified, 12-hour-a-day operation uses the defi SERVICING system to provide all of the previously mentioned servicing disciplines plus remarketing services.

“As is prevalent across the defi SOLUTIONS organization, defi SERVICING and defi MANAGED SERVICING teams are dedicated to continuous improvement and applying their decades-earned expertise to not only meeting client needs but also offering outside-of-the-box innovation. defi’s unique combination of trusted originations and servicing software and outsourced managed servicing positions lenders to, in turn, provide the best possible user and customer experience,” the company said.