Magazine article Mortgage Banking

Zoot Enterprises Reports Record Year in 2006

Magazine article Mortgage Banking

Zoot Enterprises Reports Record Year in 2006

Article excerpt

Zoot Enterprises, Bozeman, Montana, announced a record performance in 2006, as the company said it processed more than 200 million transactions--a 47 percent increase in volume from 2005.

For the fifth year in a row, the company reported, its core-processing uptime exceeded 99.995 percent at its redundant facilities in Bozeman and Billings, Montana. Using two distributed processing centers, Zoot achieved 100 percent uptime in 2006, the third year of 100 percent uptime for clients using Zoot's distributed application environment, according to Zoot Chief Technology Officer Tony Rosanova.

"Providing 100 percent availability is a tremendous competitive edge for Zoot clients, and an area where Zoot leads the industry," said Rosanova.

Zoot said it consistently processes more than 500,000 transactions daily. Its infrastructure includes a highly redundant fiber-optic loop network, connecting the application service provider to two independent facilities with real-time failover capacity, said Rosanova.

Zoot experienced a 30 percent growth in revenue from 2005 to 2006, which was similar to the nearly 30 percent revenue growth achieved from 2004 to 2005, the company reported. …

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