U.S. Management Team

We build our team with the key team that we need in order to be successful. All of our staff has domain expertise in the mortgage and the valuation industry.

Robert J. Smith (President, U.S. Operations) is responsible for U.S. operations, including the expansion strategy of Basis100 technologies into the U.S. capital markets and mortgage industry. Prior to joining Basis100, Bob spent nine years as Senior Vice President at Merrill Lynch Credit Corporation (MLCC), where he was instrumental in building the culture and processes, which earned MLCC consistent recognition for excellence in quality management. During his tenure at MLCC, Bob directed the company's risk management and capital markets activities. In addition, he held additional strategic and operational roles, including Chief Credit Officer, group manager of MLCC's operating platform, and interim CIO. Bob joined Cendant Mortgage in January 2001, upon Cendant's acquisition of substantially all of MLCC's operations. Prior to joining MLCC, Bob culminated a nine-year public accounting career as a Senior Manager for Deloitte and Touche LLP, where he was recognized as a National Industry Specialist in savings and loan and real estate industries. Bob holds a BS in Business Administration from the University of New Hampshire, and is a Certified Public Accountant in the state of Florida.

Thomas DeLorenzo, Jr. (Chief Operating Officer, MortgageRisk) is responsible for promoting the continued expansion and profitability of MortgageRisk technology, while also directing all daily operations, including budget, sales and marketing, pricing, employment and all administrative affairs of Basis100's New Jersey office. Tom has been with MortgageRisk since the inception in 1992. Through the years the company has had a consistent growth rate and expects 2002 projected revenue of US $6 million. MortgageRisk has developed an information product line that covers the entire lifecycle of a mortgage. This strategy and the integration of products will only help Basis100 become the leader in mortgage analytics and technology in the U.S. His mortgage-industry background, as well as a "hands-on" approach to product development, operations and data collection, has gained Tom the respect of his industry peers and mirrors the entrepreneurial spirit of Basis100. Prior to MortgageRisk, Tom worked for Telerate/Dow Jones as a senior mortgage security analyst and programmer where he co-authored, designed and implemented the Advanced Factor Service, the industry's best short-term prepayment indicator for mortgage-backed securities (MBS). Tom holds a Bachelor's in Computer Information Systems from Bentley College.

Elizabeth Green (Vice President, U.S. Valuation Solutions) brings over 18 years of mortgage banking software experience to Basis100. She joined Basis100 in 1999 and was instrumental in developing the technology and business requirements for BasisXpress™, a loan origination and processing solution currently in use in the Canadian marketplace. She is integral in developing the U.S. strategy, and in this new role, Elizabeth is responsible for product innovation and strategies to expand the role of the AVM in the global marketplace. Prior to joining Basis100, she was Vice President and Director of Client Relationships for Decade Systems Corporation in Jacksonville, Florida. Here, she managed the product development and client implementation of a proprietary data translation engine architected specifically for the mortgage banking industry. Prior to joining Decade Systems, Elizabeth was an Assistant Vice President in Systems for Merrill Lynch Credit Corporation where she was responsible for the management of the servicing and origination systems. Elizabeth began her career at Data-Link Systems (now MortgageServ) where she held several positions in Customer Support, New Client Implementation and Portfolio Data Conversion Teams.

Bryan Horn (Vice President, U.S. Sales) joined Basis100 in July 2000 as the Northeast Sales Manager, where he has consistently been a top performer for the company, accounting for 30% of U.S. revenues for 2001. His background represents nationwide services to the U.S. mortgage industry including credit, appraisal, title and closing and flood; affording him a strong knowledge of both origination and servicing sides of the mortgage industry. Prior to joining Basis100, Bryan held sales management and national account responsibilities for companies such as LandAmerica Financial Group, Strategic Mortgage Services, and TRW with a consistent track record spanning 10 years. This provides him with an intrinsic understanding of customer needs and how Basis100 technologies serve the mortgage markets. Bryan Graduated from Indiana University with a Bachelor of Science in Business.

Jim Pavlonnis (Vice President, Controller) has more than 25 years experience in the banking and mortgage industry. Before joining Basis100, Jim served as a Senior Vice President of Lender's Service Inc. with responsibility for finance and accounting. Prior to Lender's Service, he was the Senior Vice President, CFO of First Nationwide Mortgage with responsibility for cash management, accounting, portfolio evaluations and loan servicing acquisitions. Jim is a graduate of the University of Oklahoma, and has a Master's degree in Finance from the University of Maryland.