Wednesday, October 10, 2007
Pervasive Signs Irish Firm
Austin, Texas-based Pervasive Software Inc., a publisher of agile data management and integration applications, revealed Wednesday that an Irish mortgage broker is using a Pervasive tool to link its software-as-a-service utilities with its on-premise applications. Financial terms of the deal were not disclosed. According to Pervasive, IFG Mortgages chose Pervasive's Data Integrator in hopes of accelerating its loan application process while reducing storage needs. Headquartered in Dublin, IFG Mortgages has more than 180 direct-agent and associated-agent offices throughout Ireland. Founded in 1991, the company now annually processes loans totaling more than 500 billion Euros.