Oliver announces intent to acquire Lawgix Services

Walker White

October 26, 2022

Oliver announces intent to acquire legal servicing provider to create 360-degree collections litigation solution for creditors.

Addition of services offering to the Oliver software platform provides a fresh approach for creditors executing repetitive collections litigation processes.

 
WASHINGTON, D.C. – 26 OCTOBER 2022 – Oliver Technology Corporation (“Oliver”), the leading debt collection software platform, today announced the company’s intent to acquire Lawgix Services, the leading provider of managed services for collections litigation. The deal is expected to close January 1, 2023. With this acquisition, Oliver will add to its market-leading collections litigation platform a complete solutions offering and provide a revolutionary approach for creditors executing repetitive processes in collection litigation.

Specifically, in addition to utilizing Oliver’s world-class technology platform, including automated features, creditors will now also be able to tap a world-class team of experts in collections law, process engineering, and technology to handle critical tasks across document creation, case management, payment processing, and vendor coordination.

“This deal represents a critical step forward in Oliver’s evolution from technology platform to 360-degree solution for our creditor clients undergoing the complex and often-repetitive collections litigation process,” said Walker White, CEO, Oliver Technology Corporation. “Creditors are voicing a clear need for expert services in addition to top-quality technology to help them navigate an evermore complex collections litigation space. With this move, we are answering that call.”

The Oliver Advantage
Oliver:Services can replace the traditional model in which each law firm is responsible for the administrative and financial processes in collections litigation. These functions can be handled more efficiently by the central team at Oliver:Services, allowing lawyers to focus on litigation. Benefits include:
● Consistent, precise execution of litigation workflow by a dedicated team of trained paraprofessionals
● Document filing and case management optimized for every U.S. state and local jurisdiction
● Standardized document creation with automatic routing for attorney review
● Tighter controls that set the standard of care for regulatory compliance, security, and privacy
● More accurate accounting, with vendor payments reconciled and recoveries posted to creditors’ general ledgers
● Centralized monitoring and auditing
● Significantly lower total cost for creditors

“We are delighted to be joining the Oliver team. This is really a story of coming home for us, at a time when quality control, transparency, compliance and experience are the highest priorities for top-flight creditors pursuing collections litigation on an ongoing basis,” said John Ritter, CEO, Lawgix Services. “I can’t wait to see all we can accomplish, together.”

To learn more about Oliver, please visit: www.olivertechnology.com

To learn more about Oliver’s services offering, coming January 2023, please visit:
www.olivertechnology.com/products/#Oliver:Services

ABOUT OLIVER
Meet Oliver. We bring precision to complex litigation, focusing on debt collection today. Our software helps creditors and law firms work together across the entire debt collection lifecycle: creditors gain control of their litigation efforts, law firms have an efficient way to collaborate, and consumers are ultimately treated like people, not debtors. Our technology removes inconsistencies, prevents unnecessary errors, and keeps organizations in compliance. It creates operational firepower. And it enables people to work on the important things. We are working to change debt collection’s bad name by building Responsible Software at the intersection of RegTech and LegalTech. All that and more is why leading debt collection operations run on Oliver.

ABOUT LAWGIX
Lawgix provides best-in-class managed services across the entire collections litigation process. The Lawgix team is comprised of creditors’ rights attorneys and paralegals, process engineers, and technologists working in collaboration with creditors, law firms, and constituent stakeholders to create the most effective, efficient, and compliant solution on the market.

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New Faces On Board At Oliver

Walker White

August 5, 2021

WASHINGTON, D.C. – August 5, 2021—Oliver Technology Corporation, the provider of collections litigation software, is excited to welcome the addition of Robert Kanok, Nahid Kabir, Kasi Poppoppu, and Namita Mankad to the team. They each bring extensive experience in their areas of expertise combined with a wonderful personality, making them an excellent fit to contribute to Oliver’s culture and current growth.

Robert Kanok, Director of Software Engineering

In his new role as Director of Software Engineering, Robert provides the technical leadership required to continue delivering world-class software to our customers.   With a Bachelor’s in Electrical Engineering and a Master’s in Computer Science and over 20 years of experience building high-performing organizations while improving operational efficiency, Robert is the perfect fit to lead our Software Engineering team.  His extensive knowledge in cloud-based technology, data collection, financial services industry and compliance tracking has allowed him to hit the ground running.

Besides being technology agnostic, Robert is a home automation and IOT development enthusiast and loves traveling, snowboarding, and playing paddle tennis.

Nahid Kabir, Database Developer 

As Oliver’s Database Engineer, Nahid is responsible for developing, testing, improving, and maintaining new and existing databases to ensure optimum performance and scalability while solving our customers’ needs. Nahid has over 14 years of experience as a database developer/analyst with a demonstrated history of working in the information technology and services industry. Having graduated with a master’s degree focused on Computer Science, she brings a vast array of modern information technology skills along with her in-depth experience.

Outside of work, Nahid loves gardening, interior design and travelling.

Kasi Poppoppu, Software Engineer

Kasi joined the Engineering team as a Software Engineer with a Bachelor of Technology in Electronics and Communications Engineering, and a Master’s in Cybersecurity. Having worked for five years for several companies in the financial industry, he adds a broad variety of technologies to his skillset. As a Software Engineer, he will be contributing to the reinventing of Oliver’s platform, influencing, and driving the next iteration of software that Oliver’s clients need and love, by focusing on quality and security.

When he isn’t keeping up with the latest technologies, Kasi enjoys gaming, gardening, long drives, baking, swimming, and basketball.

Namita Mankad, Product Manager

As Oliver’s Product Manager, Namita will be responsible for creating and driving the strategic product roadmap, breaking it down into executable chunks and collaborating with the rest of the team to ensure its timely delivery to help our customers be successful. With a Bachelor of Engineering in Computer Engineering, a Master’s in Information Technology, and over 16 years of experience in program and product leadership in a wide range of industries, she understands the potential pain points of all stakeholders.

Besides having a passion for making the lives of customers better by focusing on enhancing the product they need and use, Namita takes much interest in travelling, reading, hiking, cooking, meditation, ballroom dancing and being in nature.

About Oliver Technology Corporation

Oliver transforms legal servicing by consolidating data collection, orchestrating team collaboration and accelerating litigation strategies on a cloud-based platform with unprecedented automation and compliance.  Our collections litigation platform gives creditors current visibility of their litigation process with built-in federal, state, local and venue-specific laws, rules and procedures.

Designed by experienced collections litigators and in conjunction with creditors, Oliver Collections Litigation Exchange (CLX) provides a complete solution from pre-placement to settlement.  Built around the core workstreams of consolidate, orchestrate, and litigate, Oliver CLX drives increased revenue, rigorous compliance, and simplified litigation, ensuring collections are fast, cost effective and fair.

For more information about Oliver Technology Corporation, visit www.olivertechnology.com.

Contact:

Oliver Technology Corporation
Walker White, Chief Executive Officer
202-997-1209
walker.white@olivertechnology.com

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Executive Q&A with Stephanie Eidelman, CEO of The iA institute

Walker White

May 19, 2021

Why 2 of top 5 Creditors are Choosing A New Paradigm for Collections

WASHINGTON, D.C. – May 19, 2021—Oliver Technology Corporation, the provider of collections litigation software, is pleased to announce an executive Q&A session with Stephanie Eidelman, CEO of The iA Institute.

In the wake of the Hunstein case, we examine how these consumer-centric policies, laws and market conditions are causing disruption and uncertainty in the collections industry. In the interview you’ll hear Walker White, CEO of Oliver Technology Corporation discuss how 2 of the top 5 creditors have chosen a new path for collections that allows them to minimize the impact of these changes.  To protect their brand and reduce operational risk, creditors need to make a paradigm shift from a decentralized approach to a centralized, creditor-driven approach.

In addition, Walker and Stephanie talk about how built-in compliance rules minimizes the chaos that changes, like Hunstein, create.  This solution is a unique collaboration platform for all parties across the collections litigation channel from creditors to law firms, to fourth party vendors.

Listen to the full interview here.

InsideARM Executive Q&A
Stephanie Eidelman, CEO of The iA Institute interviews Walker White, CEO of Oliver

 

To hear about this new approach from a creditors perspective, watch our latest webinar with Heidi Staloch, US Bank, Stefanie Jackman, Ballard Spahr, Walker White, Oliver Technology Corporation and Thomas Michael, Oliver Technology Corporation.  The panel will discuss:

  • Why creditors are shifting to a centralized, creditor-driven model.
  • How a free flow of consistent, accurate data is the source of the solution across the creditor’s strategy.
  • What end-to-end oversight and control means for collections and consumers.

This is a three-part webinar series.  Register to be invited to the other two webinars.

Part One: Collectors Perspective

How 2 of the Top 5 Creditors are Poised to Win in this New Paradigm for Today and Tomorrow.

Available On-Demand

Part Two: Regulator Perspective

How Creditors can Align their Strategies to Meet Regulators Future Expectations

June 2, 2021 | 1:00 PM EDT

Part Three: Servicers Perspective

How Creditors can Align their Strategies to Meet Regulators Future Expectations

June 30, 2021 | 1:00 PM EDT

(link this to the webinar on-demand page)

 

About Oliver Technology Corporation

Oliver transforms legal servicing by consolidating data collection, orchestrating team collaboration and accelerating litigation strategies on a cloud-based platform with unprecedented automation and compliance.  Our collections litigation platform gives creditors current visibility of their litigation process with built-in federal, state, local and venue-specific laws, rules and procedures.

Designed by experienced collections litigators and in conjunction with creditors, Oliver Collections Litigation Exchange (CLX) provides a complete solution from pre-placement to settlement.  Built around the core workstreams of consolidate, orchestrate, and litigate, Oliver CLX drives increased revenue, rigorous compliance, and simplified litigation, ensuring collections are fast, cost effective and fair.

For more information about Oliver Technology Corporation, visit www.olivertechnology.com.

Contact:

Oliver Technology Corporation
Walker White, Chief Executive Officer
202-997-1209
Walker.white@olivertechnology.com

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A New Paradigm: Creditor-Driven, Consumer-Centric Collections

Walker White

May 10, 2021

WASHINGTON, D.C. – May 10, 2021—Oliver Technology Corporation, the provider of collections litigation software, is pleased to announce a new webinar series that gets to the heart of minimizing disruptions to collections like the Hunstein case.

The Hunstein case is just the latest example of how consumer-centric policies, laws and market conditions are causing disruption and uncertainty in the collections industry. And it won’t be the last. Here are some recent examples:

  • COVID pandemic
  • Dodd Frank vendor oversight requirements
  • New debt collection rules and Reg F
  • New administration and regulatory activism

All these changes are designed to protect consumers and regulators are forcing creditors to be responsible for this consumer-centric movement.  To protect their brand and reduce operational risk, creditors need to make a paradigm shift from a decentralized approach to a centralized, creditor-driven approach.

This three-part webinar series will explore this centralized, creditor-driven approach from three different perspectives: creditor, regulator, and servicers.

Part One: Collectors Perspective (On-Demand)

How 2 of the Top 5 Creditors are Poised to Win in this New Paradigm for Today and Tomorrow.

May 12, 2021 | 3:00 PM EDT

Part Two: Regulator Perspective (Register)

How Creditors can Align their Strategies to Meet Regulators Future Expectations

June 2, 2021 | 1:00 PM EDT

Part Three: Servicers Perspective (Register)

Minimize Chaos in a Dynamic Environment

June 30, 2021 | 1:00 PM EDT

Watch the PART ONE webinar on-demand and hear Heidi Staloch, USBank, Stefanie Jackman, Ballard Spahr, Walker White, Oliver Technology Corporation and Thomas Michael, Oliver Technology Corporation discuss:

  • Why creditors are shifting to a centralized, creditor-driven model.
  • How a free flow of consistent, accurate data is the source of the solution across the creditor’s strategy.
  • What end-to-end oversight and control means for collections and consumers.

 

About Oliver Technology Corporation

Oliver transforms legal servicing by consolidating data collection, orchestrating team collaboration and accelerating litigation strategies on a cloud-based platform with unprecedented automation and compliance.  Our collections litigation platform gives creditors current visibility of their litigation process with built-in federal, state, local and venue-specific laws, rules and procedures.

Designed by experienced collections litigators and in conjunction with creditors, Oliver Collections Litigation Exchange (CLX) provides a complete solution from pre-placement to settlement.  Built around the core workstreams of consolidate, orchestrate, and litigate, Oliver CLX drives increased revenue, rigorous compliance, and simplified litigation, ensuring collections are fast, cost effective and fair.

For more information about Oliver Technology Corporation, visit www.olivertechnology.com.

Contact:

Oliver Technology Corporation

Walker White, Chief Executive Officer

202-997-1209

Walker.white@olivertechnology.com

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Oliver Expands Software Engineering Department

Walker White

December 7, 2020

WASHINGTON, D.C. – December 7, 2020—Oliver Technology Corporation, the provider of collections litigation software, is pleased to announce the expansion of our Software Engineering Team with four new team members: Mariano Estoque, Chris Habgood, Gregory Spies, and Timothy Black.

Oliver Growth Mode Continues

The Oliver Collections Litigation Exchange (CLX) platform is in a significant growth period with an expanding roadmap which includes many innovative capabilities that will increase customer value and support market expansion.

“Top-tier technical team members are always in demand, but even more so for Oliver with the new capabilities that we will be building to add even greater value to our customers.” said Jay Scroggins, COO of Oliver. “We are very fortunate to be able to find such great talent that fits perfectly into our culture, understands our vision, and brings tremendous energy to our mission.”

Mariano Estoque is a software engineer with over eight years of full-stack web development experience.  In four of those years, Mariano was responsible for building, testing and deploying to production.  Beyond his broad experience in legal technology, Mariano has a degree in Biotechnology and spent four years as a scientist in the pharmaceutical industry doing cancer diagnostics research.  For fun, he plays tennis competitively, has visited over 15 countries and enjoys being active in a variety of sports and hiking.

Chris Habgood is a Senior full-stack Ruby on Rails developer with over 13 years of experience in back end development, API functionality and refactoring code for a more maintainable code base.  Chris is a proud Texan married to a Peruvian woman, who is the best cook on the planet.  Chris loves playing pool and eating BBQ.

Gregory Spies has more than an interesting name.  He has led front-end development initiatives and customer facing applications.  Greg is also an avid drummer.

Timothy Black brings to Oliver a background in both software engineering and client requirements development which made him the perfect fit to research and develop implementation plans for future application features.  An ideal day off for Tim includes a round of golf, good food, and drinks with friends.

About Oliver Technology Corporation

Oliver transforms legal servicing by consolidating data collection, orchestrating team collaboration and accelerating litigation strategies on a cloud-based platform with unprecedented automation and compliance.  Our collections litigation platform gives creditors current visibility of their litigation process with built-in federal, state, local and venue-specific laws, rules and procedures.

Designed by experienced collections litigators and in conjunction with creditors, Oliver Collections Litigation Exchange (CLX) provides a complete solution from pre-placement to settlement.  Built around the core workstreams of consolidate, orchestrate, and litigate, Oliver CLX drives increased revenue, rigorous compliance, and simplified litigation, ensuring collections are fast, cost effective and fair.

For more information about Oliver Technology Corporation, visit www.olivertechnology.com.

Contact:

Oliver Technology Corporation
Walker White, Chief Executive Officer
202-997-1209
Walker.white@olivertechnology.com

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Extend and Oliver Join the Wells Fargo Startup Accelerator

Walker White

November 4, 2020

New additions focus on payment and legal servicing innovation

SAN FRANCISCO – Nov. 5, 2020 – Wells Fargo & Company (NYSE:WFC) announced today that companies Extend and Oliver have joined the Wells Fargo Startup Accelerator, a portfolio of startup companies that develop solutions across a broad set of domains including customer experience, payments, marketing, risk and regulation, climate change and security. Companies in the Wells Fargo Startup Accelerator are able to take advantage of education, mentorship and investment to guide early stage growth. These companies can make use of emerging technologies such as artificial intelligence, distributed ledger technology and augmented reality to solve challenges. Presently there are 27 companies in the Accelerator portfolio.

“The Wells Fargo Startup Accelerator combines the talent and nimbleness of a startup with the expertise and scale of Wells Fargo to work on innovative solutions for our customers and businesses,” said Lisa Frazier, head of Wells Fargo’s Innovation Group. “The future of banking, and the ability to adapt to ever changing customer needs rely on these types of collaborations. We welcome Extend and Oliver to the Wells Fargo Startup Accelerator.”

The latest Wells Fargo Startup Accelerator companies:

  • Extend (New York, New York) provides digital payment infrastructure for trusted financial institutions to enable modern card experiences. Leading banks, businesses, and other innovators can now access the full power of virtual cards for their business, products, and clients. Extend offers several products, including a suite of aggregated virtual card APIs, a digital corporate card app, and an industry-first card tokenization service.“We are delighted to team up with Wells Fargo given their portfolio of small to mid-sized businesses and desire to innovate,” said Andrew Jamison, Extend CEO and co-founder. “We look forward to working together to explore new payment capabilities that to date have only been available to the largest corporate clients. With easy onboarding, intuitive user experience, and strong controls associated with virtual cards, there is huge potential in this partnership and we look forward to seeing it grow.”
  • Oliver (Washington, D.C.) transforms legal servicing by enabling all parties to collaborate with ease on a product that drives efficiency, creates transparency, and ensures compliance. It achieves that by building software to consolidate, orchestrate, and optimize high-volume, compliant legal servicing.”By working with the Wells Fargo Startup Accelerator, we will drive critical capabilities into our solution based on real-world experience with Wells Fargo,” said Walker White, Oliver CEO. “All our existing and new customers will benefit from the lessons and requirements of one of the largest financial services companies in the world.”

Now in its sixth year, the Wells Fargo Startup Accelerator focuses on advancing emerging technologies in pursuit of breakthroughs for financial services. Startups are eligible to receive up to $1 million in funding, along with guidance from Wells Fargo business and technology leaders to help refine and scale their solutions. The program has received more than 3,200 applications from innovative companies in more than 100 countries since the program’s inception. Applications can be submitted throughout the year at www.acceleratorapply.wf.com.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.92 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,200 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 31 countries and territories to support customers who conduct business in the global economy. Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 30 on Fortune’s 2020 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Contact Information

Media 
Roger Cabrera, 303-513-5067 roger.cabrera@wellsfargo.com @rogercabrerawf

(or)

Investor Relations
John Campbell, 415-396-0523 john.m.campbell@wellsfargo.com

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Oliver Expands Client Success Team

Walker White

September 3, 2020

WASHINGTON, D.C. – September 3, 2020 Oliver Technology Corporation, the provider of collections litigation software, is pleased to announce the expansion of our Client Success Team with two new Client Success Representatives; Beverly Osoria and Jinhyung Kim.

Beverly and Jinhyung are responsible for providing high quality customer service and technical support. With the addition of new clients and existing customer expansion, we are continuously looking for Client Success Representatives to guide our customers through the implementation process and answer on-going customer questions with a personal and direct experience.  That’s why it’s important to have the right talent to answer the call.

Beverly Osoria is an analytical expert with broad technical exposure who is professional, empathetic and hardworking.  She has a strong software engineering background developing web-based applications so she understands technology and can effectively communicate with engineers to quickly answer customer inquiries and resolve concerns.

“Starting a new role virtually amid a pandemic is an unusual situation.  Fortunately, I have been met with a team that has been so welcoming, inclusive, and supportive,” said Beverly.  “I’m looking forward to making an impactful contribution to Oliver by aiding user experience though meaningful customer support.”

Jinhyung Kim has extensive skills as a data analyst and client support engineer. He is an experienced client manager who is focused on thoroughly training clients and team members on software usage.  When Jinhyung isn’t working, he runs marathons, edits videos and is a photography enthusiast.

“I’m excited to be part of Oliver and driven by the opportunity to learn and to provide the customer an exceptional experience even during a pandemic,” said Jinhyung.

Expanding During a Pandemic

“Oliver is in an important growth mode and we need to keep our customers supported during implementation, expansion and training,” said Walker White, CEO of Oliver.  “We are fortunate to have an energetic and engaged team that stays virtually connected in a professional and personal way on a regular basis.”  “We know that people perform at their best when aspects of their work positively impact their well-being.  Given the challenges of the pandemic, we want to be extra mindful of this,” said Els Eerdekens, Director Human Resources.

For more information about Oliver Technology Corporation, visit www.olivertechnology.com.

About Oliver Technology Corporation.

Oliver transforms legal servicing by consolidating data collection, orchestrating team collaboration and accelerating litigation strategies on a cloud-based platform with unprecedented automation and compliance.  Our collections litigation platform gives creditors current visibility of their litigation process with built-in federal, state, local and venue-specific laws, rules and procedures.

Designed by experienced collections litigators and in conjunction with creditors, Oliver Collections Litigation Exchange (CLX) provides a complete solution from pre-placement to settlement.  Built around the core workstreams of consolidate, orchestrate, and litigate, Oliver CLX drives increased revenue, rigorous compliance, and simplified litigation, ensuring collections are fast, cost effective and fair.

Contact:

Oliver Technology Corporation
Walker White, Chief Executive Officer
202-997-1209
Walker.white@olivertechnology.com

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Oliver Technology Corporation Unveils First-of-its-Kind Litigation Platform at the iAST Virtual Conference, July 21-23, 2020

Walker White

July 14, 2020

WASHINGTON, D.C. – July, 14, 2020—Oliver Technology Corporation, the provider of litigation collections software, today announced the opportunity for creditors to experience its Collections Litigations Exchange (CLX) product at the InsideARM Strategy and Technology (iAST) Virtual Conference, June 22nd.  Oliver solves for a key unmet market need of creditors with Oliver CLX – an end-to-end, rigorously compliant collections litigation platform that produces more revenue at a lower cost.

The demonstration will shed light on why Oliver CLX is the first and only solution that provides the following business benefits for creditors and debt buyers:

  • Data Collection: Data and documentation is stored as a centralized, secure, single source of truth
  • Team Collaboration: All parties are enabled to communicate on one platform throughout the entire litigation process
  • Compliance and Oversight: Laws are built-into the platform and creditors have complete visibility into every step of the litigation process,

“Oliver is pleased to be part of the experts at iAST who are helping companies transform their collections strategy to meet todays challenges and prepare them for a profitable future.” said Walker White, CEO, Oliver Technology Corporation. “We believe litigation is the most effective debt recovery strategy, but the market needed a technology solution that could scale efficiently and remain compliant and fair for consumers. Oliver CLX is the most modern, powerful solution for managing collections litigation since the beginning of the Consumer Financial Protection Bureau (CFPB) era.”

Now you can get a 50% discount ($300 off of full-price registration) to attend iAST, by using the code “OLIVER.” Sign up at https://iast.insidearm.com/ before July 21st for this incredible offer.

For more information about Oliver Technology Corporation, visit www.olivertechnology.com.

About Oliver Technology Corporation.

Oliver transforms legal servicing by consolidating data collection, orchestrating team collaboration and accelerating litigation strategies on a cloud-based platform with unprecedented automation and compliance.  Our collections litigation platform gives creditors current visibility of their litigation process with built-in federal, state, local and venue-specific laws, rules and procedures.

Designed by experienced collections litigators and in conjunction with creditors, Oliver Collections Litigation Exchange (CLX) provides a complete solution from pre-placement to settlement.  Built around the core workstreams of consolidate, orchestrate, and litigate, Oliver CLX drives increased revenue, rigorous compliance, and simplified litigation, ensuring collections are fast, cost effective and fair.

Contact:

Oliver Technology Corporation

Walker White, Chief Executive Officer

202-997-1209

Walker.white@olivertechnology.com

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Oliver Celebrates Juneteenth

Walker White

June 18, 2020

WASHINGTON, D.C. – June 18, 2020—Oliver Technology Corporation today announced that in observance of Juneteenth it will name June 19th an official company holiday.

According to Juneteenth.com, the observance of Juneteenth is about the journey and achievement of African Americans from a cruel period sanctioned enslavement to the pinnacle of human endeavors.  It is a story of pride, resilience and determination that will always be of historical and spiritual importance.  It  serves us well to understand that together we can overcome all obstacles in our path. June 19 1865 was the day word reached the enslaved in Galveston, Texas that their emancipation had been made formal, though it had been so since January, 1, 1863.

“Our job is more than just to create solutions for our customers.  A vital part of everyone’s role at Oliver is to build a culture that is diverse and inclusive with the hope to make our company culture the best it can be,” said Walker White, CEO, Oliver Technology Corporation.  “We invite every team member to take action, be constructive and be safe.  It is up to us for this to be more than a gesture.  We must hold ourselves to a higher standard and lead the change.”

Through this observance, Oliver reflects this independence.  Oliver celebrates freedom.

Contact:

Oliver Technology Corporation, Walker White, Chief Executive Officer, 202-997-1209, walker.white@olivertechnology.com

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Lawgix Becomes Oliver Technology Corporation, Solves Unmet Market Need with First-of-its-Kind Litigation Platform

Walker White

June 12, 2020

A new name and new capital, Oliver broadens market value, speeding litigation process, while boosting revenue and compliance.

WASHINGTON, D.C. – June 15, 2020—Lawgix Inc, the provider of litigation collections software, today announced a corporate name change – Oliver Technology Corporation – to reflect is broadened strategic focus on high-volume legal servicing. Infused with new capital to support significant growth, Oliver solves for a key unmet market need of creditors with its Collections Litigations Exchange (CLX) – an end-to-end, rigorously compliant collections litigation platform that produces more revenue at a lower cost.

“The launch of Oliver marks the start of a new and exciting step in the evolution of our business,” said Walker White, CEO, Oliver Technology Corporation.  “We believe litigation is the most effective debt recovery strategy, but the market needed a technology solution that could scale efficiently and remain compliant and fair for consumers.”

Oliver’s most recent round of financing from existing and new investors closed on May 29, 2020. The company’s investor-supported viability and breadth of offering led to not only a corporate name change, but also completing their business transformation into an enterprise-ready SaaS solution that includes:

A Single Source of Truth for Data: A centralized, secure repository holds all supporting materials, enabling authorized pre-placement, legal, collections, and finance personnel to work more efficiently.

Seamless Orchestration of Entire Litigations Process: By orchestrating the many handoffs, approvals, and reviews, Oliver CLX vastly accelerates the pre- and post-placement processes.

Accelerated Litigation with Complete Oversight: Oliver CLX allows monitoring progress of the entire litigation strategy with built-in Federal, State and Local laws, ensuring the process is efficient, compliant and effective.

“Oliver CLX increases visibility into our litigation strategy, automating state and federal law compliance and creating efficient, auditable communications with our firms,” said Heidi Staloch, Associate General Counsel at a large US creditor.  “The ROI is almost immediate.”   

“Our company namesake is Oliver Wendell Holmes Jr., who was known as “The Great Dissenter,” added White. “As a Supreme Court jurist, Holmes was a progressive thinker, who sought to reinvent the common law and modernize legal approaches. Like him, we aim to transform legal servicing to benefit everyone; we hope to break new ground and bring new models of thought to light in an unpredictable, changing world. Also, he had an epic moustache.”

For more information about Oliver Technology Corporation, visit www.olivertechnology.com.

About Oliver Technology Corporation.

Oliver transforms legal servicing by consolidating data collection, orchestrating team collaboration and accelerating litigation strategies on a cloud-based platform with unprecedented automation and compliance.  Our collections litigation platform gives creditors current visibility of their litigation process with built-in federal, state, local and venue-specific laws, rules and procedures.

Designed by experienced collections litigators and in conjunction with creditors, Oliver Collections Litigation Exchange (CLX) provides a complete solution from pre-placement to settlement.  Built around the core workstreams of consolidate, orchestrate, and litigate, Oliver CLX drives increased revenue, rigorous compliance, and simplified litigation, ensuring collections are fast, cost effective and fair.

Contact:

Oliver Technology Corporation
Walker White, Chief Executive Officer
202-997-1209
Walker.white@olivertechnology.com

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