PHH Corporation is a leading provider of mortgage solutions and automotive fleet management services through its two subsidiaries, PHH Mortgage and PHH Arval. It offers end-to-end mortgage solutions to customers, including financial institutions, credit unions, real estate companies, and government agencies. In addition, it manages nearly 570,000 vehicles for corporate and government clients across North America.
Challenges and Solutions
PHH Corporation needed to implement a flexible technology framework to provide greater agility in a rapidly evolving market, as well as an improved means to capitalize on new business opportunities. The Oracle solution facilitates these goals and lowers overall IT costs.
“We chose Oracle Exalogic Elastic Cloud X2-2 Half Rack and Oracle Exadata Database Machine X2-2 HC Half Rack to help standardize our IT infrastructure, centrally manage our systems, free up resources, and maintain tighter control over unstructured data and storage growth,” said Jeff Bell, chief information officer for PHH Corporation. “Oracle technology and resources are critical to the success of our common technology platform.”