Tavant Named a Major Contender in Everest Group’s Enterprise Quality Assurance Services PEAK Matrix® Assessment 2022
SANTA CLARA, CA. February 3, 2022 SANTA CLARA, CA. February 3, 2022 – Tavant, Silicon Valley’s leading digital products and solutions company, today announced that it has been named a “Major Contender” in Everest Group’s Enterprise Quality Assurance (QA) Services PEAK Matrix® Assessment 2022. Everest Group’s PEAK Matrix® is a proprietary framework for the assessment of market impact, vision, and capability. Tavant has been recognized for its broad range of testing services, from functional to non-functional, and new age testing services such as blockchain and loT testing. The company supports its clients through strong technical knowledge, innovation capabilities, and a focus on customer success. Chakri Devarakonda, Head of Quality Engineering, Tavant, said, “This recognition demonstrates our unwavering commitment to digital transformation and further establishes Tavant as the market leader in QE Services. We connect innovation, digital transformation, and deep domain expertise with a robust portfolio of quality assurance offerings to deliver high-quality products and best-in-class customer experiences.” Tavant leverages modern technologies and processes like AI/ML, analytics, cloud, and agile to help businesses across different industries adapt to changing market dynamics. Tavant’s comprehensive portfolio of QE services includes Digital Assurance Services, New Age Testing Services, Core Testing Services, Smart Test Automation Platform. The company helps enterprises realize exponential value from their digital transformation journeys by accelerating time to market, enabling differentiated customer experiences, lowering the cost of quality, and mitigating risk. Leading analysts and research organizations have recognized the company’s innovative approach to application and software testing services. Tavant also offers proprietary frameworks to help enterprises elevate their end-user experiences: FIRE (Framework for Intelligent and Rapid Execution) –FIRE is an end-to-end automation framework that offers the ability to test across platforms and devices, utilizing behavior-driven tests to enhance testability. It helps in improving the test effectiveness by 64%. Chaos Engineering – A framework that allows solution experimentation on a system in order to build confidence in the system’s capability to withstand turbulent conditions in production. Tavant’s Chaos Engineering provides the ability to understand current pain points and thereby reduce testing effort by over 50%. To learn more about Tavant and its products and services, visit https://tavant.com/services/quality-engineering/. Find Tavant on LinkedIn and Twitter. Media Contact: Michele Nachum [email protected] 1-425-698-7477
Tavant FinDecision Enhances Broker Experience Through Collaboration with PennyMac Financial Services, Inc.
Santa Clara, CA, February 03, 2022 Santa Clara, CA, February 03, 2022 – Tavant, a Silicon Valley-based provider of industry-leading digital lending solutions, announced today it is collaborating with PennyMac Financial Services, Inc., (NYSE: PFSI) (Pennymac), one of the largest publicly-traded residential mortgage companies in the country. Pennymac has integrated Tavant FinDecision into its POWER Portal for broker partners. Pennymac’s access to FinDecision’s dual Automated Underwriting Systems (AUS) functionality and other core processes, provides the company an additional tool to yield better, faster decisioning. At its core, FinDecision provides the ability to validate AUS responses (both Desktop Underwriter and Loan Product Advisor) and equivalently review their findings. It also identifies all potential avenues to improve operational efficiency, including optimizing cost and decreasing processing times. FinDecision allows lenders and brokers to be more flexible in their decision-making. “We’ve received positive feedback from our broker partners related to the dual AUS functionality,” said Kim Nichols, Senior Managing Director of Pennymac TPO. “Its intuitive features and clear side-by-side presentation of AUS findings enable brokers to thoughtfully select the most efficient path to loan closing.” FinDecision both improves loan quality and enhances the overall borrower experience. It provides an automated, single-click approach to achieving loan fungibility and operational best execution within AUS. FinDecision is a core product within VΞLOX, Tavant’s AI-powered digital lending suite of products, and is Loan Origination System (LOS)-agnostic. “We constantly strive to invest in technology that enables a better mortgage lending experience for our customers,” said Mohammad Rashid, Senior Vice President of Tavant. “Leveraging FinDecision provides Pennymac’s brokers with more transparency, allowing them to identify the most favorable loan for their borrowers, often cutting costs and closing loans faster. We take pride that our solutions deliver the best possible experience for both borrowers and brokers and provide the competitive edge our customers need to distinguish themselves from the rest of the mortgage lending ecosystem.” The Tavant VΞLOX suite of products solves even the most complex lender and borrower challenges while maximizing data-driven decision-making. For more information about Tavant please visit https://www.tavant.com/. Find Tavant on LinkedIn and Twitter