What does my firm need to know about Black Knight V3?
Upgrades are always intimidating – even updating the software on a smart phone can sometimes bring major issues – but this isn’t the case with NetDirector and Black Knight.
We’re here and ready for you to upgrade to V3 – if you’re currently handling the integration yourself, you can let us take over as the integration specialists to save yourself the development and maintenance time.
As for changes, a major upgrade has been made to the retrieval of referrals. Where there was formerly a queue, there are now separate web services to obtain loan, referral and step description information. In addition to this, it is the responsibility of the integrator to identify what is new to what has already been received. There are also additional fields available in V3 for referrals, such as Client Region Code.
Standard Event integration has also received an upgrade – There are now 4 separate web services calls (step completion/DDF/Comments/Vendor Reference update) compared to the 1 in V2. However, if you are currently integrated with NetDirector in V2 for standard event, you do not need to change anything.
Previous deficiencies in V3 have been addressed by Black Knight as the SSN functionality (able to receive the last 4 of SSN) and Document Upload limits match what is in V2.
The deadline to submit the migration forms to Black Knight was 12/31/15 – if your migration form was not submitted prior to this date, contact your Integration Analyst at NetDirector or your Black Knight representative for pricing on the upgrade.
- V3 Functions
- Referrals and Workload – LIVE!
- Documents (upload/download) – LIVE!
- Doc Request available in V3 in November 2016 Standard Events (basic) – LIVE!
- Launch Process/Add Hold/Fees & Costs/All other transactions – LIVE!
- Standard Events (DDF’s) – LIVE!
If you have any questions, please feel free to contact us online or reach out to your Integration Specialist for more help.