Tavant Manufacturing Analytics Platform Achieves Microsoft Co-Sell Ready Status; Available on Microsoft Azure Platform
SANTA CLARA, Calif., November 7, 2019 Tavant, a leading digital products and solutions company for the manufacturing industry, has announced that its Tavant Manufacturing Analytics Platform (TMAP) is co-sell ready now. Tavant’s “Co-Sell” status will enable Tavant to collaborate closely with Microsoft field sales teams worldwide on targeted enterprise-level customer opportunities and related account planning activities. TMAP uses the latest artificial intelligence techniques to generate actionable insights and exposes them with APIs for direct consumption in other systems. TMAP provides a map for manufacturing companies to achieve cost leadership by improving their aftermarket operational efficiency and to increase manufacturing revenue by leveraging the latest innovations in data analytics. TMAP comes pre-loaded with industry-standard KPIs and insights and allows business users to customize and perform ad-hoc data analysis using various approaches. TMAP KPIs leverage machine learning algorithms to adapt to environmental and process changes. “Customers and partners continue to capitalize on the opportunity and accelerate their digital transformation with our program portfolio and resources. Tavant and Microsoft will jointly work to drive revenue and customer success through our collaborative co-selling initiative and a shared passion for innovative products and services. We are confident that this development will expand Tavant’s reach and connect with a larger customer base in the industry and empower everyone to achieve more,” said Rajiv Sodhi, General Manager – Partner Ecosystem at Microsoft India. “We’re thrilled to co-sell with Microsoft. We believe that the co-selling initiative with Microsoft will enable us to meet the collective needs of our customers and help us grow our businesses by reaching new customers and offering new solutions. Receiving the Microsoft Co-Sell ready status is a testament to Tavant’s ability to distill businesses’ needs and deliver tailored solutions that enable processes to run seamlessly, connect business to technology, and improve efficiency. We look forward to helping organizations compete effectively by leveraging TMAP, which enables organizations to achieve cost leadership, with a focus on operational efficiency and revenue growth. Leveraging Machine learning algorithms, TMAP allows businesses to predict fraud scoring and reserve analysis better,” said Roshan Pinto, Head of Manufacturing Practice, Tavant. “TAVANT has been a truly valuable partner for my organization. Tavant worked with Thermo King to develop a claim analytics module that is fully configured to meet our business needs. The claim analytics module gives us tremendous insights to claim filing patterns, trends, and potential suspect activity. This module has been so successful that it has been fully integrated into our claims processing, auditing, and review selection standard work. Overall, TMAP has been pivotal in making our warranty processes more efficient by lowering the cost of transaction processing and increasing the value of the resulting warranty data. Tavant is not only an industry leader in innovation and system functionality, but they take a personal approach to partnering and collaborating which ensures that our needs as a customer are met,” said Bob Roberts, Customer Solutions Leader, Thermo King. About Microsoft Azure Co-Sell Ready program The Microsoft Azure Co-Sell Ready program is a recent Microsoft initiative that provides comprehensive sales and marketing support for select partners. The program aligns Microsoft’s global salesforce behind select partners to help drive new revenues. Businesses must submit customer references that exhibit successful projects, meet a performance commitment, and pass technology plus sales assessments to be eligible for this. Find Tavant on LinkedIn and Twitter.
Tavant & Flagstar Celebrate the Success of Their Partnership at MBA Annual 2019
SANTA CLARA, Calif., October 31, 2019 Tavant, a leading digital products and solutions company for the lending industry, today announced that it celebrated its continued partnership with Flagstar, a national originator and servicer of mortgage loans at the MBA Annual Conference 2019 held on October 27- 30 at Austin Convention Centre, Texas. “As we celebrate our strong strategic alliance, we are delighted to share that our visions are aligned with each other. We are proud to be a long-term partner to Flagstar as they continue to innovate across their technology platforms and further improve the overall home buying experience for their customers. We look forward to a long, successful relationship with Flagstar. Together, we aim to adopt a design-centric approach and enable seamless, device-agnostic experience for our customers,” said Hassan Rashid, CRO, Tavant. “Our years of experience in mortgage technologies, the right mix of operational and digital capabilities such as Artificial Intelligence, Machine Learning algorithms, RPA, and a strong focus on the customer journey ensure the maximum impact to all stakeholders in a mortgage life cycle. Our next-gen solution transforms current mortgage production and servicing processes into a modern digital factory. We offer a true end-to-end digital process that delights consumers and gives mortgage companies a disruptive competitive advantage,” Rashid added. Tavant’s lending products and platforms are transforming lenders into intelligent digital lending enterprises. Its suite of solutions provides the flexibility and scale that helps deliver immersive lending journeys and seamless omnichannel experience. Tavant is focused on delivering innovative solutions that offer game-changing results for the financial industry. Every element of the loan lifecycle is now AI-enabled and digital with VΞLOX. About Tavant VΞLOX Tavant VΞLOX is the industry’s leading AI-powered digital lending platform that maximizes the use of data-driven processes in the automation of the loan origination lifecycle. It brings true digital disruption to the mortgage industry with an immersive omnichannel experience and high-velocity execution: from loan discovery to loan funding to loan servicing. Find Tavant on LinkedIn and Twitter.
Hassan Rashid, CRO, Tavant, Receives Lending Luminary Award
SANTA CLARA, Calif., October 30, 2019 Tavant, a leading digital products, and solutions company for the lending industry, today announced that Hassan Rashid, Chief Revenue Officer, has received a Lending Luminary Award™ presented by PROGRESS in Lending Association. Hassan earned this honor in recognition of his accomplishments for successfully driving business growth in the Fintech space and his forward-looking approach to technology innovation. Hassan is leading a digital transformation wave in the mortgage industry. Under his leadership, Tavant is focused on solving the mortgage industry’s top problem of the rising cost of a mortgage loan by bringing multiple digital capabilities such as business process re-engineering, intelligent robotic process automation (RPA), intuitive point-of-sale solutions, rapid and accurate decisioning through AI/ML techniques, and custom application development. Tavant recently developed and launched FinLeads, lead management and point-of-sale product on Salesforce® and Retention Intelligence Solution, an Artificial Intelligence and Machine Learning (AI/ML) based offering, under the supervision of Hassan. “Hassan is the epitome of an inspirational leader at Tavant for more than ten years. Over the past year, he has managed to take several steps ahead of the Fintech space by paying close attention to lending impediments and solving it with our AI-powered digital lending product suite, Tavant VΞLOX. This enables Tavant’s growing customer base originates one out of every four loans in the U.S. With his unparalleled industry knowledge coupled with vast lending experience, he is playing an instrumental role in driving the business performance and accelerating the pace of Tavant’s Fintech business,” said Sarvesh Mahesh, CEO, Tavant. “Hassan has successfully led Tavant’s positioning as a business solutions and products company. His energy and expertise are fueling us to launch new products as well as helping our clients achieve amazing outcomes. We congratulate Hassan on this significant accomplishment and look forward to his continued leadership and direction as we move ahead with further innovations to positively reshape the Fintech landscape,” Mahesh substantiated. Find Tavant on LinkedIn and Twitter. Media Contacts: Anna Stanley/Catherine Laws 251.517.7857/678.781.7206 | [email protected]/[email protected]
Tavant Grows Fintech Vertical, Expands New Office in Dallas
Austin, Texas, Oct. 28, 2019 During the 2019 MBA Annual Convention and Expo, Tavant, a Silicon Valley-based provider of digital products and solutions, announced today that it has expanded a new technology innovation center in Dallas, continuing its growth in financial technology and services. The center will focus on new product development and providing new-age digital experiences to lenders via Digital Factories. To support its growing customer base in the area, Tavant is increasing its staff and capabilities in Dallas. Customer centricity is core to Tavant’s services and this proximity to its customers as well as prospects ensures the company is meeting those needs while also continuing to attract and grow top talent. The new location serves as a hub for innovative Digital Factories. These factories consist of small but specialized teams of factory managers, product owners and full-stack developers, who focus on configuring, building, modeling, simulating and evaluating technologies and solutions to further the business goals of Tavant’s customers. Each team will be tasked with developing a minimum viable product (MVP) that will have new digital features and enhancements that align with the customer’s business goals. The delivery center will operate many Digital Factories to serve customers across the United States, regardless of time differences. “Today’s businesses are not a one-size-fits-all,” said Prashant Kumar, vice president of Tavant’s fintech vertical. “We need to be nimble in our offerings so that we can work with our customers to meet their individual business requirements. Our teams will focus on building personalized solutions that are in line with their business outcomes and goals. We will be developing real, purpose-driven MVPs on new technologies related to Cloud, AI/ML or other Customer Experience portals as per client’s need.” Find Tavant on LinkedIn and Twitter.
FirstBank Mortgage Launches Consumer Direct Digital Lending Platform Powered by Tavant VΞLOX
SANTA CLARA, Calif., Oct. 16, 2019 Tavant, a Silicon Valley-based provider of AI-powered digital lending technologies, announced today that ConsumerDirect Mortgage, a division of FirstBank with mortgage operations and financial centers throughout the Southeast, leveraged FinXperience to develop and deploy a new consumer direct digital lending platform. A component of Tavant VΞLOX, an AI-powered digital lending suite of products, FinXperience is a point-of-sale solution that provides a simplified digital experience across all lending channels. “Tavant has been an outstanding technology partner in turning our vision into a reality,” said Jamie Thornton, director, Online Mortgage Lending for FirstBank. “During our due diligence, they were the only provider that was able to adapt their product to our unique business model and in turn, build a platform that was tailored to our specific workflow and business processes. Together, we’ve launched a modern mortgage application platform that provides rate and cost transparency while reducing loan durations, providing an enhanced customer experience.” Rob Henger, director of Mortgage Banking for FirstBank, added, “We are looking forward to partnering with Tavant to leverage this digital point-of-sale solution into other FirstBank verticals.” FirstBank, headquartered in Nashville, Tenn., can now provide a differentiated borrower experience through the seamless integration of data-driven processes and personalized journeys with a suite of portals and companion mobile applications. Using FinXperience, lenders are able to grow origination volumes by 2.5 times, improve pull-through rates by 25 percent, cut down origination costs by 35 percent and reduce the average loan close time by 14 days. Hassan Rashid, CRO of Tavant, said, “Launching a new, customer-focused platform provides FirstBank a significant competitive advantage in an increasingly fierce market. FinXperience empowers the Bank with a design-centric approach and enables a seamless, device-agnostic experience to meet evolving customer expectations. This initiative will accelerate FirstBank’s digital transformation journey and further improve the overall home buying experience for their customers while optimizing existing business processes and functions.” FirstBank joins Tavant’s growing customer base which originates one out of every four loans in the U.S. The Tavant VΞLOX suite of products solves the most complex lender and borrower challenges while maximizing data-driven processes. About ConsumerDirect Mortgage, A Division of First Bank ConsumerDirect Mortgage, a division of FirstBank, is a multi-billion dollar national originator. FirstBank is a publicly-traded, 100-year-old, Community Bank headquartered in Nashville, Tenn. About FB Financial Corporation FB Financial Corporation (NYSE: FBK) is a bank holding company headquartered in Nashville, Tennessee. FB Financial operates through its wholly-owned banking subsidiary, FirstBank, the third largest Tennessee-headquartered community bank, with 67 full-service bank branches across Tennessee, North Alabama and North Georgia, and mortgage offices across the Southeast. FirstBank serves five of the largest metropolitan markets in Tennessee and has approximately $6.0 billion in total assets. Find Tavant on LinkedIn and Twitter.
Tavant Awarded for its Outstanding Commitment to Diversity & Inclusion
SANTA CLARA, Calif., October 03, 2019 Tavant, a leading digital products and solutions company, today announced that it has been recognized for demonstrating gender equality at the GIWL (Great Indian Women Leader) Awards 2019 hosted by UBS Forums. The GIWL 2019 brings together the leading experts across industries to provide direction, focus, and clarity on various topics such as work-life balance, personal branding, networking, and the importance of diversity. “Technology is enabling an unprecedented impact on the global landscape, and diversity of ideas and opportunities are imperative to reshape the work environment. At Tavant, diversity is one of our greatest strengths that helps our teams develop more innovative and creative solutions to the complex problems that our clients face. We have reimagined diversity to promote and cultivate an inclusive environment that rejoices organizational value across our workplace,” said Anil Kumar Puthumana, Global HR Head, Tavant. “Fostering a culture of respect, where diverse backgrounds and perspectives are celebrated builds stronger teams, improves the community, encourages innovation, and creativity. Tavant is committed to be an equal opportunity employer and recognizes that a talented and diverse workforce is a key competitive advantage. We strive to broaden diversity initiatives in our organization as we continue to build upon our successes. The award is a true testament of promotion of equality and diversity within our talent management framework,” Anil substantiated. Find Tavant on LinkedIn and Twitter. About the Award Conceptualized and curated by UBS Forums, the awards recognized leaders under various categories including Women Icon of the Year, Women Entrepreneur of the year, and Women Leader of the year. UBS Forums aims to create and bring around transformational leadership for individuals and industries.
Vinita Ranade, Tavant, Wins 2019 HousingWire Tech Trendsetters Award
SANTA CLARA, Calif., Oct 01, 2019 Tavant, a leading digital products and solutions company for the FINTECH industry, today announced that its Senior Product Manager Vinita Ranade has been named a 2019 Tech Trendsetters Award™ recipient by HousingWire (HW) magazine. HousingWire’s newest Tech Trendsetters Award recognizes the most impactful and innovative technology leaders serving the housing economy. Vinita was recognized for driving transformational change and innovation for lenders for the past 15 years. Her extensive knowledge coupled with technical prowess is driving digital innovations and business impact with top lenders across the U.S. and globally. She started as a software engineer but has worn many hats and has seen the industry from many different angles. She now works as a Senior Product Manager for Tavant’s flagship point of sale solution, FinXperience, which is a point of sale solution in the VΞLOX suite, provides a simplified digital experience across all lending channels. FinXperience is modernizing the lending industry by bringing increased loan production efficiency through customer self-service and digitization of business processes. She has led teams to build advanced solutions for mortgage lenders spanning loan origination, processing, and servicing. She is well known as a trusted partner and technologist in the mortgage industry, having helped lenders of all sizes modernize and transform their practices to deliver true business value and impact. She is also an advocate for diversity and inclusion in the lending industry and has hired and mentored several women in product and engineering roles. She is also on the frontlines of industry innovation while researching the application of new systems and technologies. “A critical thinker and problem solver, Vinita is always looking for a new approach to any situation, which led to the success and reception of the Tavant brand. She works tirelessly to ensure that the team follows the dynamic, fun voice and represents the future of the FinTech industry. Through FinXperience, Vinita has enabled the launch of the direct to consumer channel for a top 5 national lender to grow their business from zero to $4 billion dollars in loans funded within 12 months from launch. She has also led the design and launch of the FinXperience HELOC product, one of the first in its class of off-the-shelf HELOC solutions in the market,” said Hassan Rashid, CRO, Tavant. VΞLOX is the industry’s only AI-powered digital lending product suite that maximizes the use of data-driven processes in the automation of the loan origination lifecycle. Winners are profiled in the October issue of HousingWire magazine. To view the complete listing of award honorees, visit https://www.housingwire.com/articles/2019-tech-trendsetter-vinita-ranade/. About HousingWire HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 40,000 newsletter subscribers daily and over 4 million unique visitors each year. Our audience of mortgage, real estate, financial services and fintech professionals rely on us to Move Markets Forward. Visit https://www.HousingWire.com or https://www.solutions.housingwire.com to learn more. Find Tavant on LinkedIn and Twitter.
Tavant Named to 2019 IDC Fintech Rankings
SANTA CLARA, Calif., Sept. 24, 2019 Tavant, a Silicon Valley-based provider of AI-powered digital lending technologies, announced today it has been named to the 2019 IDC FinTech Rankings, the most comprehensive vendor ranking within the financial services industry. The annual IDC Financial Insights FinTech Rankings recognizes companies that are among the top financial technology providers worldwide and includes rankings of top global technology providers to financial institutions. The rankings are based on 2018 calendar year revenues of hardware, software and IT services from financial institutions. Global providers of financial technology in hardware, software and services are categorized and evaluated by IDC to determine key players in the space. “IDC is honored to recognize the technology providers that appear on the 16th annual FinTech Rankings,” said Marc DeCastro, Research Director at IDC Financial Insights. “These are the companies that have shown commitment to the financial services institutions and their appearance on the list is a testament to that dedication.” Now in its 16th year, the IDC FinTech Rankings categorize and evaluate the top global providers of financial technology based on calendar year revenues from financial institutions for hardware, software and/or services. These providers supply the technological backbone of the financial services industry, an industry in which IDC Financial Insights forecasts worldwide spending on IT across the globe to reach half a trillion dollars by 2020. “Being named in the IDC FinTech Rankings is a significant accomplishment, demonstrating a provider’s commitment to the success of its financial institution clients,” states Marc DeCastro, Research Director at IDC Financial Insights. “The IDC Fintech Rankings, now in its 16th year, is the global standard list of fintech providers to the industry, and we congratulate the 2019 winners.” The annual IDC FinTech Rankings has become an important measure of the health and direction of technology in the industry and the emergence of innovative solutions from new players. In addition, the IDC FinTech Rankings serve as a critical tool for financial institutions and companies to use during strategic planning and to review whenever they consider new investments in third-party solutions. Tavant and the additional vendors featured in the 2018 IDC FinTech Rankings lead the charge in guiding financial institutions toward successfully executing digital transformation initiatives in an increasingly digital economy. “IDC Financial Insights is widely recognized as a thought leader at the forefront of our industry and we are honored to be included in its annual fintech ranking,” said Hassan Rashid, CRO, Tavant. “This recognition is a testament to our ongoing commitment to innovation and providing our customers a competitive edge in an increasingly demanding market. Tavant’s vision from day one has been focused on providing unparalleled solutions to meet the business goals of our customers. We have achieved this by consistently focusing on our people, the passion we bring to the partnerships and all-round excellence in everything we undertake.” Tavant’s growing customer base originates one out of every four loans in the U.S. Tavant’s VΞLOX suite of products solves many lender and borrower challenges, while maximizing data-driven processes. Find Tavant on LinkedIn and Twitter.
Tavant to Showcase FinLeads, a Revolutionary Customer Engagement and Acquisition Platform at the Digital Mortgage 2019 Conference
SANTA CLARA, Calif., September 19, 2019 Tavant, a leading digital products and solutions company for the lending industry, today announced that it is participating at the Digital Mortgage 2019 Conference to be held on September 23 and 24 at Wynn, Las Vegas. FinLeads is a part of Tavant VΞLOX, the mortgage industry’s leading AI-powered digital lending suite of products. FinLeads, a one-stop-shop solution for sales and marketing, harnesses data from multiple systems of record and delivers that information to your customer-facing teams; subsequently, redefines the customer journey. This robust customer engagement and acquisition platform leverages intelligent algorithms to streamline and personalize the ‘lead to loan’ journey. The solution customizes the Salesforce platform’s out-of-box functionalities to provide a consolidated 360° view of the customer engagement journey across multiple channels. Tavant will also be moderating a panel discussion revolving around Redefining the Borrower Experience by Leveraging Design Thinking Best Practices from Outside Mortgage on September 23, 4:20 p.m. – 4:55 p.m. “The mortgage industry is grappling with a multitude of challenges: digital-led shifts in operating models, increasing loan origination and servicing costs, and stringent regulations. Besides, customers are gravitating more towards digital experiences and digital products. Lenders need to have a clear digital CX strategy if they do not want to miss the boat. Tavant VΞLOX is an AI-powered, data-driven, omnichannel digital lending platform for lenders. VΞLOX delivers an exceptional customer experience and enhances trust while reducing time and cost of the lending process through intelligent automation, improved fulfillment efficiency, increased collaboration, and overall digital simplification,” said Hassan Rashid, CRO, Tavant. “Our years of experience in mortgage technologies, the right mix of operational and digital capabilities such as Artificial Intelligence, RPA, and a strong focus on customer journey have enabled us to engineer the VΞLOX suite of products to ensure the maximum impact to all stakeholders in a mortgage life cycle,” Rashid added. Tavant’s lending products and platforms are transforming lenders into intelligent digital lending enterprises. Its suite of solutions provides the flexibility and scale that helps deliver immersive lending journeys and seamless omnichannel experience. Tavant is focused on delivering innovative solutions that offer game-changing results for the financial industry. Every element of the loan lifecycle is now AI-enabled and digital with VΞLOX. Meet Tavant at Kiosk K505 and K700 to learn how VΞLOX maximizes the use of data-driven processes to automate the loan origination lifecycle fully. Email us at [email protected] to schedule a meeting. About Tavant VΞLOX Tavant VΞLOX is the industry’s leading AI-powered digital lending suite of products that maximizes the use of data-driven processes in the automation of the loan origination lifecycle. It brings true digital disruption to the mortgage industry with an immersive omnichannel experience and high-velocity execution: from loan discovery to loan funding to loan servicing. Find Tavant on LinkedIn and Twitter.
Raj Menon, CMO, Tavant, Selected as a Sales, Marketing, and PR Trailblazer Award Winner by Progress in Lending
SANTA CLARA, Calif., September 11, 2019 Tavant, a leading digital products and solutions company, today announced that their new Chief Marketing Officer, Raj Menon has been awarded the first-ever Sales, Marketing and PR Trailblazers award by PROGRESS in Lending. He was recognized for driving sales and marketing with personalized advice and customized solutions that meet the complex demands of Tavant’s prospects. Menon’s leadership and experience brought a unique perspective to Tavant, where he recognized the opportunity to leverage advanced technology to bring the modern mortgage tech stack together in an entirely new way. He is a company building leader who understands what it takes to catapult companies to the next level and quickly increase revenue. PROGRESS in Lending recognizes the sales, marketing, and public relations executives that are making the biggest impact. This award is a step towards recognizing the inexhaustible marketing, public relations, and sales executives who are blazing a trail in their respective domains and bringing in huge financial gains for their organizations. “Raj Menon is a results-driven leader who excels at making organizations stand out in the crowd. His vast knowledge, experience, and expertise to propel companies forward in all facets across industries are unparalleled. Menon has been instrumental in ensuring success through his comprehensive and big-picture thinking in his work in the financial services, technology, and corporate services industries. He leverages his experience to implement complex business solutions and is skilled at advising organizations piloting digital transformation strategies as well as creating business and technology goals,” said Hassan Rashid, CRO, Tavant. Find Tavant on LinkedIn and Twitter.