Introduction
>> Are you using any of the so-called Web 2.0 collaborative products - the Wiki's and blogs and predictive markets, and all the kinds of tools that many of the companies are starting... or at least gradually adopting as a way to get more out of the employees?
>> We use an online TWiki within our group in order to develop ideas, and build our documentation. A lot of what we do for software development is agile software development. So what we focus on developing are short discreet product cycles, or in short discreet product cycles where in 2 to 3 weeks we can go from concept into solution, and deploy a functional software package for the business.
>> What's an example of a case where you've been able to iterate very quickly, and something that brought a good return on the investment to the company?
>> So recently 1 of those changes in the marketplace has been the departure in the market place from subprime lending, in the emergence of a new product - FHA loans is an example where the opportunity came into the business for us to generate that product in tandem with being certified in compliance in offering that product. We brought that into our group, and within weeks we're able to turn that product out and get it out to the marketplace as 1 of the intial leaders as the market changed.
==== Transcribed by Automatic Sync Technologies ====
