The Czech company Hypoworld A.S. is a service provider for real estate credit brokers, and aims to become the market leader in Central Eastern Europe. The company plans to achieve this ambitious target by combining competent and independent advice from real estate financing specialists with the advantages offered by the Internet. Hypoworld has decided to cooperate with the customer risk management specialist SHS VIVEON for this project. The two companies will jointly establish and operate one of Europe's most modern service platforms for real estate credit brokerage. After a comprehensive selection process at Hypoworld, SHS VIVEON succeeded in winning out against a large number of European competitors.
As part of this strategic alliance, Hypoworld has engaged SHS VIVEON to equip the real estate credit brokerage platform with customer risk solutions. SHS VIVEON will provide application management as an ASP solution in its data center. The platform's state-of-the-art, fully automated application review system is based on the latest generation of GUARDEAN Risk Suite 5. External credit agencies and data pools will be linked via the middleware GUARDEAN Gateway.
"The key factor behind our decision to go with SHS VIVEON as our new business partner was its flexibility and its software solution," commented Milan Rocek, the founder and majority owner of Hypoworld, on the strategic alliance. "No other provider was able to supply a comparable package of services."
"This strategic alliance will open up new markets in Eastern Europe for us," commented Dirk Roesing, SHS VIVEON AG's CEO, on the partnership with Hypoworld. "Growth rates for financial services markets in Eastern Europe are enormous. For example, the Czech market for real estate financing grew by 40% in 2006 alone."