Science & Technology
Science and Technology
Science and Technology
Mon, February 23, 2009
ACS e-Recording Solution for California Counties Passes Critical Test
DALLAS--([ BUSINESS WIRE ])--[ Affiliated Computer Services, Inc. ] (NYSE: ACS) today announced that its innovative e-recording solution, developed for a consortium of California counties, has passed its first test and is scheduled for deployment in late March.
ACS is developing the Electronic Recording Delivery System (ERDS) for the [ California Electronic Recording Transaction Network Authority ] (CeRTNA), an organization of counties sharing expertise and resources in the design, development, implementation and operation of an ERDS that supports statewide standards for the e-recording and return of documents.
The ACS-developed e-recording system allows submitters, such as title agents, banks, lenders and local governments, to electronically send land record documents to county recorders. This system is the first ERDS in the country slated to be state-certified for document security. For counties, the system will save money, time and paper; both counties and submitters will benefit from more accurate processing, and increased efficiency and flexibility.
"This system is a win-win. Our testing has shown how effective the system will be for participating counties and for those who have faced the hassles associated with submitting paper documents," said Patrick Honny, CeRTNA executive director. "We welcome every county in California to join CeRTNA and actively participate in developing a standardized statewide recording solution."
When testing is complete, Fresno County will be the first county certified by California's Office of the Attorney General to use the ERDS system on a day-to-day basis. Other participating counties are expected to follow soon.
"This successful test of the ACS-developed e-recording solution is another example of how we understand the needs of local agencies and work closely with our clients to find innovative, cost-saving solutions," said [ Joe Doherty ], executive vice president and group president of [ ACS Government Solutions ]. "Our partnership with CeRTNA will benefit the counties who join the consortium by allowing them to devote additional time, money and resources to helping the citizens they serve."
As the largest provider of business process solutions and one of the largest IT service providers to the nation's public sector, ACS serves as an operational partner to more than 1,700 government agencies on the federal, state, county and local level.
The work of ACS touches millions of people every day. ACS processes more than half of the nation's child support payments; manages 22 electronic payment card programs for state and federal clients, disbursing government payments and benefits; processes nearly 375 million Medicaid claims each year totaling more than $39 billion in payments; services student loans for more than 10 million borrowers; and facilitates more than 75 million online searches for unclaimed property per year.
About ACS
ACS, a global FORTUNE 500 company with approximately 70,000 people supporting client operations reaching more than 100 countries, provides business process and information technology solutions to world-class commercial and government clients. The company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS." Learn more about ACS at [ www.acs-inc.com ].
The statements in this news release that do not directly relate to historical facts constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties, many of which are outside the Company's control. As such, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. Factors could cause actual results to differ materially from such forward-looking statements. For a description of these factors, see the Company's prior filings with the Securities and Exchange Commission, including our most recent filing. ACS disclaims any intention or obligation to revise any forward-looking statements, whether as a result of new information, future event, or otherwise.
