Tavant Powers Digital Transformation of goodmortgage.com
Santa Clara, Calif.– Oct. 23, 2017 – Tavant, a specialized products, and platforms provider to consumer lending companies, today announced that it has enabled digital mortgage experience for goodmortgage.com, a leading mortgage lender focused on providing easy-to-access online mortgage services and a dba of First Guaranty Mortgage Corporation, by transforming its website. Tavant partnered with the goodmortgage.com team to redesign and develop the new website with a superior user-experience and powerful features. goodmortgage.com now offers an easy flow of information to the borrowers. It allows borrowers to find quick quotes with real-time rates; highly efficient calculators with intuitive graphs; quick and easy options to apply for loans; and educational video content. “We leveraged our deep mortgage understanding and our expertise in creating responsive and adaptive user design to help goodmortgage.com transform,” said Hassan Rashid, Chief Revenue Officer, Tavant. “Our unique approach to User Experience is based on user-centric research and design, focusing primarily on the borrower’s needs and capabilities throughout the design process. This enabled us to transform goodmortagage.com into a modern website that delivers an engaging, efficient, and satisfying experience to the users,” he added. “Today, a retail mortgage website has to be much more than a place to simply capture leads and accept loan applications,” said Andrew Peters, CEO of First Guaranty Mortgage Corporation, the parent company for goodmortgage.com. “Tavant did an outstanding job helping us to elevate the goodmortgage.com site to become a resource for consumers as well as a turbulence-free experience for loan applicants.” About First Guaranty Mortgage Corporation® dba goodmortgage.com For more than 17 years, goodmortgage.com has been committed to providing mortgage services that humanize the loan process with a personal touch to make sure its customers always have what they need, every step of the way. In May 2016, First Guaranty Mortgage Corporation acquired goodmortgage.com with plans to expand the digital geographic footprint while remaining committed to customer service. Find Tavant Technologies on LinkedIn and Twitter. Media Contacts: Vibhor Mishra Tavant Technologies [email protected] (408) 519 5400 Brian Rieger True Impact Communications [email protected] (330) 348 1678
Tavant Works With NextRadio to Develop iOS Streaming App Making The App Available on All US Mobile Devices
NextRadio FM streaming app powered by Tavant Santa Clara, Calif.– October 18, 2017 – Tavant, a leading provider of software solutions to media and entertainment companies, today announced the delivery of the NextRadio iOS mobile application. With the launch, the NextRadio FM music streaming service is now available on any U.S. mobile device. “Mobile users in the U.S. spend some 16% of their device time on music apps.* To best serve this growing listener base, we needed to offer our audience a way to access our service on their iOS devices, with enhanced features tailored for their unique mobile experience. Our Android version has more than 14 million downloads and we needed an experienced and creative technology partner to develop our iOS version. We chose to work with Tavant as they have developed some of the most popular entertainment apps in history – they are the right partner for this next stage of our company’s growth. They also have an in-depth understanding of the media business, and significant experience in business-to-consumer technologies – Tavant ‘gets’ the wow value of our product and they know how to please the consumer. And this trust in Tavant has paid off – we’ve seen a 30% increase in overall app downloads in just the first month since launching the iOS version,” stated Paul Brenner, President of TagStation the parent company of NextRadio. “One of the most innovative features about our new iOS app is the Live Guide that allows people to see what’s playing in real-time on the thousands of FM stations available to our listeners. Tavant did an outstanding job creating an iOS version of the Live Guide. Now, not only can our listeners stream the most FM radio stations on NextRadio, but they can do so from any device, from virtually anywhere while enjoying the best mobile FM radio visual and audio experience,” further commented Brenner. “Working on the NextRadio iOS app was very exciting and rewarding for our engineering and design teams. It was no small challenge to create a quality iOS app that would both extend the functionality of NextRadio’s rich online music service to mobile users while taking advantage of the newest audio and visual capabilities of iOS 10. There was a great sense of ‘wow’ and pride here at Tavant when the 50-ft tall NextRadio sign went up in Times Square on the day of our app’s launch.” commented Ravi Peravali, Tavant’s Vice President and Head of the Media and Entertainment business. Android app development works in a very different way from iOS app programming. While there is an FM chip in all Android devices that can be freely utilized by developers, iOS device FM chips are locked. The advantage of the chip is that audio streaming occurs relatively quickly on Android devices as long the user is in working proximity to an FM tower. In developing NextRadio’s iOS app, Tavant focused on maximizing internet streaming performance capabilities that can play FM radio content regardless of FM tower location. About TagStation, LLC the Power Behind NextRadio® TagStation, LLC is a wholly owned subsidiary of Emmis Communications Corporation. TagStation provides radio station data to the NextRadio App. NextRadio, LLC is a wholly-owned subsidiary of TagStation, LLC and serves as the principal distributor of the NextRadio App. For more information about TagStation, visit TagStation.com. For more information about NextRadio, visit NextRadioApp.com. About Tavant Media and Entertainment Practice As a specialized solutions provider to the U.S. and Canadian media and entertainment industries, Tavant has demonstrated expertise in helping content creators and distributors to maximize the potential of their brands. Tavant provides the engineering resources, technology platforms and business advisement and solutions needed for growing and engaging audiences, automating processes, cutting costs without reducing performance, and best serving potential and existing viewers, fans and listeners. About Tavant Technologies Headquartered in Santa Clara, California, Tavant Technologies is a digital products and platforms company that provides impactful results to its customers across North America, Europe, and Asia-Pacific. Founded in 2000, the company employs over 2500 people and is a recognized top employer. Find Tavant Technologies on LinkedIn and on Twitter. Media Contacts: Maura Kautsky VP Marketing NextRadio [email protected] (317) 684 8336 Vibhor Mishra Tavant Technologies [email protected] (408) 519 5400 *ComScore 2016 U.S. Mobile App Report
Tavant Reaches Record Revenues of $140 Million
Santa Clara, Calif.– September 27, 2017 – Tavant, a digital products and solutions company, announced today that it has reached a corporate milestone of $140 million revenues in 2017. Tavant’s record achievement marks a doubling of revenue over the last two years and was driven by robust gains across all the company’s business lines – Aftermarket, Consumer Lending, and Media and Entertainment. The company has experienced strong growth in its digital mortgage business in 2017. “Customer success is one of the most important goals at Tavant and I am pleased that we have successfully partnered with our customers to enable them to achieve their business objectives. Our products – VΞLOX digital lending platform and Warranty On-Demand on Salesforce AppExchange – have helped us achieve that. Our investments in artificial intelligence and machine learning, advanced analytics, and digital transformation over the past three years are now paying off across all our business lines,” reflected Sarvesh Mahesh, Tavant Founder and CEO. “Tavant has reached record revenues of $140 million this year and we enter the next year with an even stronger pipeline. Add to this positive outlook the fact that we are expanding geographically and 2018 begins to look like another stand-out year for us,” commented Hassan Rashid, Tavant’s Chief Revenue Officer. Find Tavant Technologies on LinkedIn and Twitter. Media Contact Vibhor Mishra Tavant Technologies 408.519.5400 [email protected]
Tavant to Showcase Its AI-Powered Digital Lending Platform, Velox, at the Digital Mortgage 2017 Conference
Santa Clara, Calif.– Sept. 27, 2017 – Tavant, America’s leading innovative mortgage technology provider, announced today that it is participating at the Digital Mortgage 2017 Conference to be held on September 28 and 29, at the Hilton San Francisco Union Square, San Francisco, C.A. Tavant will be showcasing its technological capabilities in mortgage with its flagship digital lending platform, Velox. The company will conduct a live demo of Tavant Velox at 9:45 a.m. on September 29, 2017. “Tavant Velox is a one-of-a-kind, AI-powered digital lending platform. With its high-velocity execution and omnichannel experience, it expedites and streamlines each stage of the mortgage process, starting from home discovery to loan funding. Velox maximizes the use of data-driven processes to fully automate the loan origination lifecycle, ensuring an immersive experience all throughout,” says Mohammad Rashid, Tavant’s VP and Head of Consumer Lending. “Digital disruption in mortgage is quickly changing the face of the industry. Our years of experience in mortgage technologies, and our AI capabilities in big data, have enabled us to engineer our Velox suite of products to ensure maximum seamlessness to all stakeholders in a mortgage life cycle,” he added. Tavant Velox’s live demo will be conducted in the Franciscan B meeting room and meeting pod #16 at Hilton San Francisco Union Square. Visit https://info.tavant.com/digitalmortgage2017 to learn more. Find Tavant Technologies on LinkedIn and Twitter. Media Contact: Vibhor Mishra Tavant Technologies [email protected] 408.519.5400
Tavant to Conduct the Mortgage Industry’s First Artificial Intelligence and Machine Learning Summit
Santa Clara, Calif.– Sept. 25, 2017 – Tavant, a specialized products and platforms provider to consumer lending companies, announced today that it is conducting the Machine Learning in Lending Summit on September 27 at the JW Marriott San Francisco Union Square, San Francisco, CA. The summit will help mortgage leaders learn the practical applications of artificial intelligence (AI) and machine learning (ML) in the mortgage industry. A combination of workshops, presentations and panel discussions by Silicon Valley technologists, business leaders and data scientists will help participants understand the AI building blocks and ML models mortgage companies can use to accelerate their digital transformation. “Artificial Intelligence helps every industry transform for the better. It can bring a disruptive change in lending methods and procedures, with an increased infusion of intelligence to the existing systems. The lending process, with significant risk and limited trust across the ecosystem, has many major areas for applying AI and ML technologies,” said Mohammad Rashid, Tavant’s VP and Head of Consumer Lending. “Digitalization is impacting the mortgage process and it is imperative for lenders to adopt it proactively. We are excited to conduct the mortgage industry’s first Artificial Intelligence and Machine Learning Summit,” Rashid added. Find Tavant Technologies on LinkedIn and Twitter. Media Contact: Vibhor Mishra Tavant Technologies [email protected] 408.519.5400
Tavant Digital Platform to Integrate with Black Knight LoanSphere Exchange Technology
Santa Clara, Calif.– Sept. 21, 2017 – Tavant, a specialized products and platforms provider to consumer lending companies, today announced that Black Knight Financial Services’ LoanSphere Exchange technology will be integrated with Tavant’s FinConnect, a mortgage data and services platform and a part of the company’s VΞLOX suite of products. Black Knight’s Exchange is an open technology platform that provides integration, data management, decisioning support and workflow management through a 24/7 data exchange. Tavant will work with Black Knight to create a set of prebuilt connectors that can be deployed on FinConnect and is designed to provide mutual clients with faster time-to-market at reduced risk because of lower administration costs, and fewer manual or custom integrations for services that are universal. Moreover, economies of scale and effort are expected to result in significant cost savings for clients, with tried and tested productized connectors reducing effort in planning and system development. All of Exchange’s mortgage origination-related services – such as credit, title, appraisal and settlement services — will be made available via Tavant’s FinConnect platform. Likewise, all of Tavant’s VΞLOX product suite optimizes and automates mortgage back-end processes, and simplifies the front-end loan experience for a path toward a complete digital mortgage experience. “We are excited to make these ready-to-go connectors on FinConnect available with Black Knight’s Exchange services. This VΞLOX-Exchange integration provides our clients with a more turnkey technology offering, streamlining the lender’s path to executing an end-to-end digital mortgage strategy,” observed Mohammad Rashid, Tavant’s VP and Head of Consumer Lending. “Essentially, this integration with Tavant seeks to streamline the development process for our shared customers to create a faster, more efficient path towards the lender’s goals,” said Tom Peterson, President of Black Knight’s Lending Solutions division. “We continually look for ways to provide additional value to our clients, and this integration was one of the ways we could deliver.” “Both Black Knight and Tavant remain committed to supporting their clients’ freedom to choose the technologies and integrations that work best for them on their road to a true digital mortgage transformation,” concluded Rashid. About VΞLOX and FinConnect Tavant FinConnect is an integration platform for mortgage-specific data and services, providing secure connectors to value-added third-party vendors, including Fannie Mae Day 1 Certainty™ program designated vendors. FinConnect supplies on-demand data directly from the information source, enabling a simple end-to-end digital mortgage experience for the borrower. Tavant VΞLOX is the industry’s only digital 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 home discovery to loan funding. About Black Knight Financial Services, Inc. Black Knight Financial Services, Inc. (NYSE: BKFS) is a leading provider of integrated technology, data and analytics solutions that facilitate and automate many of the business processes across the mortgage lifecycle. Black Knight Financial Services is committed to being a premier business partner that lenders and servicers rely on to achieve their strategic goals, realize greater success and better serve their customers by delivering best-in-class technology, services and insight with a relentless commitment to excellence, innovation, integrity and leadership. For more information on Black Knight Financial Services, please visit www.bkfs.com. Find Tavant on LinkedIn and Twitter. Media Contacts: Michelle Kersch Black Knight Financial Services 904.854.5043 [email protected] Vibhor Mishra Tavant [email protected] 408.519.5400
Tavant Selected by Newfi Lending To Provide Next-Generation Digital Platform
Santa Clara, Calif. – August 30, 2017 – Tavant, America’s leading innovative mortgage technology provider, today announced that Newfi Lending (“Newfi”), a technology-enabled residential mortgage lender and Warburg Pincus portfolio company, has chosen the Tavant VΞLOX platform to help transform its mortgage process. Founded in 2014 by Steve Abreu, Newfi is focused on leveraging service and technology to transform the way customers shop for and close a mortgage. In July 2017, Newfi announced that it had reached the $1 billion milestone in mortgage originations. Tavant VΞLOX is the industry’s only digital 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 a fluid omnichannel experience and high-velocity execution: from home discovery to loan funding. In the first phase, Newfi will deploy Tavant’s FinXperience and FinConnect products from the VΞLOX suite. FinXperience brings a best-in-class fully personalized user experience through any business channel while removing significant costs from the origination process. Several of the nation’s top lenders are deploying FinConnect and FinXperience for their consumer direct, retail, and TPO channels. “Set in the heart of Silicon Valley, Newfi Lending is investing in innovative technology solutions to engineer amazing mortgage products. We are excited to be a part of that journey. This partnership will enable Newfi’s vision of providing a collaborative ecosystem for consumers, realtors, and mortgage brokers,” said Sarvesh Mahesh, CEO of Tavant. “Tavant has deep mortgage industry experience and this partnership will help us provide enhanced service to our customers,” said Steve Abreu, CEO of Newfi. “As we build a premier lending platform that will uniquely drive diverse mortgage products across multiple business channels, Tavant’s VΞLOX suite of products will provide the flexibility, scale and a streamlined customer experience that is essential for our business.” About Newfi Lending Founded in 2014 by industry veterans, Newfi Lending is a national mortgage lender reshaping the borrowing experience through a combination of proprietary technology and product innovation. Newfi delivers a more efficient and transparent process resulting in lower costs and higher levels of customer satisfaction and trust. For more information, visit www.newfilending.com. About Tavant Headquartered in Santa Clara, California, Tavant is a digital solutions company that provides impactful results to its customers across North America, Europe, and Asia-Pacific. Founded in 2000, the company employs over 2500 people and is a recognized top employer. Tavant is creating an intelligent lending enterprise by reimagining customer experiences, driving operational efficiencies and improving collaboration. Find Tavant on LinkedIn and Twitter. Contact: Vibhor Mishra Tavant T: +1 408-519-5400 E: [email protected]
2017 Women of Influence: Nida Haji
August 1, 2017 As the director of consumer lending at Tavant Technologies, Nida Haji possesses a deep understanding of the mortgage industry and a vision of the future that is changing the landscape of mortgage technology. Tavant has been growing rapidly and doubled its revenue in the last two years, with plans to add 300 employees across the U.S. this year. Haji led the design and development of voice interaction for Tavant’s VELOX product suite, which is possibly the first in the industry. The unique Alexa voice-based app was selected to be presented at Mortgage Banker Association conferences as well as FinovateSpring 2017. Haji is also a champion of Project Cohete, an industry research and intelligence practice within Tavant that tracks the latest trends, forms recommendations, advises leading mortgage companies and feeds market data to product development. Haji’s wide-ranging accomplishments include spearheading the platform design and development for top mortgage insurance companies in the U.S. and leading Tavant’s expansion in Australia. In addition, Haji is a founding member of Tavant Mortgage University, a learning and development initiative based on MBA’s School of Mortgage Banking to certify engineers and product teams on mortgage. Her leadership helped Tavant build a team of over 1,000 trained mortgage experts. As if that wasn’t enough, Haji also established Tavant’s Business Analyst Center of Excellence in New York and currently heads a team of business analysts working with top lenders. This work has led Haji to mentor new business analysts.
Mitsubishi Caterpillar Forklift America Inc. Deploys Tavant Warranty System
Santa Clara, Calif. – July 26, 2017 – Tavant, a leading provider of aftermarket solutions for manufacturing industries, announced today that Mitsubishi Caterpillar Forklift America Inc. (MCFA) has deployed Tavant Warranty solution as the company’s sole application for handling warranty claims and related aftermarket business processes. Tavant’s warranty chain management solution is designed to help MCFA enhance its service quality and operational efficiency in the processing and tracking of warranty claims. Tavant Warranty is built on a dynamic business rules engine that helps automate and self-check claims during processing. Upon deployment, the system immediately begins to reduce lead times and accelerate throughput rates. The system enables an integrated workflow in which all the stakeholders can collaborate toward a common objective to eliminate errors, reduce warranty spend, improve product quality, and enhance end-customer satisfaction. “Quality of our products is of the highest priority at MCFA. How well we handle the warranty claim process and how quickly we identify quality concerns, amongst other aftermarket services, has a substantial impact to our business. In today’s technology-driven business environment, efficiency in the back office can be a competitive advantage – and a requirement for ensuring the highest level of customer satisfaction. We chose to reinvent our internal warranty process to realize greater transparency and higher efficiency,” said David Christian, Sr. Manager of Dealer Support for MCFA. “And because warranty is an extremely complicated process, with hundreds of system components to track, and many IT interdependencies, we chose to work with Tavant because of their knowledge of the manufacturing sector and their in-depth experience in the development and deployment of complex enterprise systems,” continued Christian. Commenting on the company’s growing warranty management practice, Sarvesh Mahesh, CEO of Tavant, said, “Our warranty management product grew out of our extensive work with many manufacturers across the globe. The warranty process was one of the greatest pain points across all our clients, so we began to develop a standalone system around this issue based on solving core universal roadblocks in claims processing. The result is that Tavant is now the only company in the world offering a warranty-focused system that is available both on premise and on the cloud. Working with an industry-leader such as Mitsubishi Caterpillar Forklift America for handling the aftermarket business is a rewarding validation of the robustness of our newest manufacturing product—and of its clear value-add to manufacturing operations.” About Mitsubishi Caterpillar Forklift America Inc. (MCFA) Manufacturer of High-Quality Material Handling Equipment Mitsubishi Caterpillar Forklift America Inc. (MCFA) is a leading manufacturer of high-quality forklifts and warehouse products in North, Central and South America and the Caribbean. Based in Houston, Texas, the company distributes three distinct brands – Mitsubishi forklift trucks, Cat® lift trucks and Jungheinrich® warehouse products – through its extensive dealer network. All products are backed by industry-leading customer service and superior product support. For more information about MCFA or any of its brands, visit Mitsubishi Caterpillar Forklift America, Cat Lift Trucks, Mitsubishi Forklift Trucks or Jungheinrich Forklifts. About Tavant Warranty Tavant Warranty is a flexible, user-friendly, and effective one-stop warranty management solution for the complete warranty lifecycle of original equipment manufacturers. Its unique cross-functional integrations structure connects business departments and leads to a rapid reduction in warranty costs and reserves, increased supplier recovery, and enhanced reserves forecasting accuracy. The system results in better work flows for manufacturers, which in turn improves cash flow, thereby improving financial health and profitability for the organization. Learn more about Tavant on LinkedIn and Twitter.
Tavant Selected by Fairway Independent Mortgage To Transform Its Digital Lending Experience
Santa Clara, Calif. – July 19, 2017 – Tavant, America’s leading innovative mortgage technology provider, today announced that Fairway Independent Mortgage Corporation has chosen the Tavant VΞLOX platform to provide a fluid omni-channel experience to borrowers through a seamless amalgamation of data driven processes and personalized journeys with a suite of portals and companion applications. Tavant’s VΞLOX suite of products optimizes the back office, simplifies middle office and transforms the front-end consumer experience into an efficient digital data flow. The platform will enable Fairway to provide borrowers with personalized journeys and a series of helpful portals to educate and guide them through the online loan application process. “We have been impressed with the deep mortgage industry knowledge that the Tavant team has demonstrated and the maturity of their digital mortgage platform. The FinXperience platform will not only provide an exceptional front-end experience for our new generation borrowers, but also create a true wholly digital transaction by bringing data from third-party and transactional sources and extracting data from documents. We think of it as ‘self-service their way’,” said Bob Orkis, CIO of Fairway. “We are excited to partner with Fairway, a fast-growing lender that considers pioneers of innovation part of its core values. Our VELOX platform will enable Fairway to grow with changing consumer behavior and further improve the general home buying experience for their customers while helping them operationally to reduce turn times for closing a loan,” said Hassan Rashid, Chief Revenue Officer of Tavant. About Fairway Independent Mortgage Corporation Founded in 1996 by Steve Jacobson, and named by a childhood best friend, colleague and forever member of the Fairway family, Randy Cross, Fairway Independent Mortgage Corporation is a mortgage lender headquartered in Madison, Wisconsin and Carrollton, Texas. Our goal is to act as a trusted advisor, providing highly personalized service and helping clients through every step of the loan process. It’s all designed to exceed expectations, guarantee satisfaction and earn trust. For more information, please visit our website at www.FairwayIndependentMC.com. NMLS #2289. Tavant VΞLOX platform comprises FinXperience, FinCapture, FinConnect, and FinSight. Learn more about Tavant on LinkedIn and Twitter. Contact: Vibhor Mishra Tavant T: +1 408-519-5400 E: [email protected]