(Registrieren)

Innovation Award 2008 for EUROPACE

Geschrieben am 18-02-2009


--------------------------------------------------------------------------------
ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
the content of this announcement.
--------------------------------------------------------------------------------


companies/finances/innovations/IT

Berlin (euro adhoc) - 18 February 2009: Dutch magazine "Banking
Review" has honoured Hypoport Stater B.V. with its "Innovation Award
2008" for the launch of the EUROPACE platform on the Dutch market.
The prize is awarded each year in recognition of the most innovative
concept in the financial services sector.

Hypoport Stater B.V. convinced the jury with its introduction of the
first independent transaction platform "to bring together all of the
players in the mortgage market, without them having to first
integrate the complex software into their system architectures". Its
state of the art technology increased market transparency and was,
moreover, easy to operate, allowing market players to interact more
efficiently. EUROPACE thus enhanced the flexibility and ensured the
sustainability of the system, offering a solution that responded to
market demands. The individual risk-based pricing system used by
EUROPACE "offered clear advantages over the conventional evaluation
of loan terms based on average risk profiles", according to the jury.
The transaction-dependent business model offered platform users the
opportunity to enter the market at low risk. For this reason, the
jury was convinced that the pricing model developed by EUROPACE
"offers an interesting and proven concept that is extremely
innovative in the Netherlands".

The EUROPACE platform for the German real estate market was launched
in 2002. Following its successful establishment, the concept was
expanded in 2004 to include private loans. Nowadays, EUROPACE is the
leading - and Germany's only independent - transaction platform for
financial services vendors, banks and insurance companies. The
figures prove it: Last year, transaction volume increased by more
than 18 percent to its current level of EUR 14.622 billion in spite
of a generally stagnating market. Some 12 percent of all financing
transactions on the German real estate market are processed on
EUROPACE. The share of financing deals in the growth segment of
independent financial services vendors has even topped the 30 percent
mark. Its flexible architecture allows the platform to modularly
expand the wide range of existing financial services products on
offer. In addition to incorporating new requirements for the range of
EUROPACE products, the software development division at Hypoport AG
is also constantly striving to offer the flexibility demanded by the
market in implementing changes.

In the Netherlands, the EUROPACE platform was adapted to the specific
partner and product characteristics of the Dutch market. A financing
process in the Netherlands generally involves more parties than is
the case in Germany. Packagers, for example, are a fixed institution,
whereas they are only slowly gaining in importance in Germany.
Annuity loans play a very important role in Germany, whereas these
products are virtually non-existent in the Netherlands since interest
charges on mortgages are tax deductible. Its modular concept ensures
the optimal implementation of such differing requirements for the
process structure of the platform. EUROPACE has attracted its first
sales partners for the platform in the Netherlands. Christian Fein,
Managing Director of Hypoport Stater B.V.: "I am convinced that
EUROPACE will occupy a similarly leading position in the Dutch market
in light of this external recognition and the success it has
demonstrated in Germany".

--- 0 ---

About Hypoport Stater B.V.

Hypoport Stater B.V. was founded in January 2007 as a joint venture
between Hypoport AG, a German provider of all-round financial
services, and Stater, the largest Dutch mortgage servicer. The
company is headquartered in Eindhoven. The vehicle was established
for the purpose of launching the EUROPACE platform on the Dutch
mortgage market. The B2B transaction platform offers participants an
innovative, internet-based marketplace in real-time. EUROPACE
provides a rapid and easy decision-making aid for banks, packagers
and consultants when approving mortgage applications. In addition,
the full integration of all players along the value creation chain of
the Dutch mortgage market generates cost benefits while at the same
time increasing transparency.

About Hypoport AG

Hypoport Group is an internet-based all-round financial services
provider based in Berlin. The Group employs more than 450 people.
Hypoport AG has been listed in the Prime Standard of Deutsche Börse
since October 2007. Its business model consists of two reciprocally
beneficial pillars - the sale of financial products and the provision
of a platform for transacting financial products via the internet.
Hypoport operates the EUROPACE B2B financial marketplace, which is
the largest German online platform for transacting financing
products. A fully integrated system links more than 30 banks with
several thousand financial advisors, thus enabling the quick and
direct agreement of contracts. The platform's highly automated
processes generate considerable cost benefits. Nowadays, EUROPACE
processes some 400 financing transactions every day. In addition, the
HPX house price index, which Hypoport publishes monthly, is compiled
on the basis of anonymised data collated from the EUROPACE platform.

A list of the banks and service providers that use the platform can
be downloaded from www.hypoport.de, as can the Annual Report 2007.


end of announcement euro adhoc
--------------------------------------------------------------------------------


ots Originaltext: Hypoport AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Michaela Reimann

Group Communications Manager



Hypoport AG

Klosterstraße 71

D-10179 Berlin

Tel.: +49 (0) 30 / 4 20 86 - 1936

Fax: +49 (0) 30 / 4 20 86 - 1939



E-Mail: michaela.reimann@hypoport.de

Internet: www.hypoport.de

Branche: Financial & Business Services
ISIN: DE0005493365
WKN: 549336
Börsen: Börse Frankfurt / regulated dealing/prime standard


Kontaktinformationen:

Leider liegen uns zu diesem Artikel keine separaten Kontaktinformationen gespeichert vor.
Am Ende der Pressemitteilung finden Sie meist die Kontaktdaten des Verfassers.

Neu! Bewerten Sie unsere Artikel in der rechten Navigationsleiste und finden
Sie außerdem den meist aufgerufenen Artikel in dieser Rubrik.

Sie suche nach weiteren Pressenachrichten?
Mehr zu diesem Thema finden Sie auf folgender Übersichtsseite. Desweiteren finden Sie dort auch Nachrichten aus anderen Genres.

http://www.bankkaufmann.com/topics.html

Weitere Informationen erhalten Sie per E-Mail unter der Adresse: info@bankkaufmann.com.

@-symbol Internet Media UG (haftungsbeschränkt)
Schulstr. 18
D-91245 Simmelsdorf

E-Mail: media(at)at-symbol.de

187080

weitere Artikel:
  • LBBW-Ergebnis von Finanzkrise geprägt, operatives Geschäft blieb 2008 stabil Stuttgart (ots) - Die Landesbank Baden-Württemberg (LBBW) wird auf Basis vorläufiger Zahlen für den Konzern das stark durch die Finanzmarkt- und Wirtschaftskrise geprägte Geschäftsjahr 2008 mit einem Verlust in der Größenordnung von 2,1 Milliarden Euro (nach IFRS-Bilanzierung) abschließen. Im Einzelabschluss, erstellt nach den Vorschriften des Handelsgesetzbuchs (HGB), wird die LBBW nach Auflösung von Reserven einen Gewinn ausweisen und daher ihre Genussscheine bedienen. Die Erträge der operativen Segmente im LBBW-Konzern haben sich mehr...

  • euro adhoc: Software AG / Korrektur: Veröffentlichung gemäß § 26 WpHG Abs. 1 Satz 1 mit dem Ziel der europaweiten Verbreitung -------------------------------------------------------------------------------- Stimmrechtsmitteilung übermittelt durch euro adhoc mit dem Ziel einer europaweiten Verbreitung. Für den Inhalt ist der Emittent verantwortlich. -------------------------------------------------------------------------------- Angaben zum Mitteilungspflichtigen: ----------------------------------- Name: Alken Asset Management LLP Sitz: London W1S 2GB Staat: Großbritannien Angaben zum Emittenten: ----------------------- Name: Software AG Adresse: Uhlandstr. mehr...

  • euro adhoc: Software AG / Correction: Release of a voting rights announcement according to article 26, section 1.1 WpHG (Securities Trading Act) with the aim of a Europe-wide distribution -------------------------------------------------------------------------------- Notification of voting rights transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- Person/company obliged to make the notification: ------------------------------------------------ Name: Alken Asset Management LLP Place: London W1S 2GB State: Great Britain Company data: ------------- Name: Software AG Address: Uhlandstr. 12, 64297 mehr...

  • Atheros präsentiert Innovationen im Bereich mobile Konnektivität auf dem Mobile World Congress 2009 Barcelona, Spanien (ots/PRNewswire) - - Branchenweit einzige Soft-AP-Technologie für Mobilgeräte kommt in den Lösungen ROCm(R) AR6002 der neuen Generation von Atheros zum Einsatz MOBILE WORLD CONGRESS -- Atheros Communications, Inc. (Nasdaq: ATHR), weltweit führender Anbieter von innovativen Technologien für die drahtlose und drahtgebundene Nachrichtentechnik, präsentiert auf dem Mobile World Congress 2009 an Stand 2F37 im Erdgeschoss der Halle 2 sein stetig wachsendes Portfolio im Bereich mobiler drahtloser Konnektivität. Insbesondere mehr...

  • euro adhoc: Software AG / Veröffentlichung gemäß § 26 WpHG Abs. 1 Satz 1 mit dem Ziel der europaweiten Verbreitung -------------------------------------------------------------------------------- Stimmrechtsmitteilung übermittelt durch euro adhoc mit dem Ziel einer europaweiten Verbreitung. Für den Inhalt ist der Emittent verantwortlich. -------------------------------------------------------------------------------- Angaben zum Mitteilungspflichtigen: ----------------------------------- Name: Virmont S.à.r.l. Sitz: 1273 Luxemburg Staat: Großherzogtum Luxemburg Angaben zum Emittenten: ----------------------- Name: Software AG Adresse: Uhlandstr. mehr...

Mehr zu dem Thema Finanzen

Der meistgelesene Artikel zu dem Thema:

Century Casinos wurde in Russell 2000 Index aufgenommen

durchschnittliche Punktzahl: 0
Stimmen: 0

Bitte nehmen Sie sich einen Augenblick Zeit, diesen Artikel zu bewerten:

Exzellent
Sehr gut
gut
normal
schlecht