Tavant Named Among Fastest Growing Fintech Companies By IDC
SANTA CLARA, Calif, Sept. 17, 2024 – Tavant, a Silicon Valley-based provider of AI-powered digital lending technologies, announced today it has been named among IDC’s Fast Track Fintech winners, along with a place in the FinTech Rankings Top 100. This is the sixth consecutive year Tavant has been named to the financial industry’s most comprehensive vendor ranking. The elite list features technology companies from around the globe that are focused on providing solutions to the financial services and Fintech industries. The Fast Track FinTech category honors companies from the previous IDC FinTech Rankings program that have shown significant year-over-year growth. Tavant is honored to be acknowledged as having noticeably grown in the rankings alongside esteemed companies such as Amazon (AWS), Deloitte, Equifax, Nasdaq, and other industry leaders. Hassan Rashid, CRO, Tavant, said, “IDC Financial Insights is an industry thought leader; we are humbled to be recognized for the sixth consecutive year as a leading and trusted partner for our customers. We are particularly proud to be recognized among the Fast Track Fintech providers. Our commitment to the Fintech industry is strengthened by our focus on Artificial Intelligence and Machine Learning, which ensures that our customers are equipped with advanced tools to compete and succeed in today’s rapidly evolving environment.” The Fortune 500-style ranking categorizes and evaluates 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 forecasts worldwide spending on IT to be over $800 billion (USD) by 2026. To thrive in a digital economy, financial services organizations must embrace innovation and integrate innovative technology effectively to enhance the customer experience and achieve operational excellence. Tavant and the enterprises featured on the IDC Fintech Rankings represent those organizations committed to helping financial services companies successfully execute their digital transformation initiatives for the betterment of their customers around the world. “IDC has been producing the IDC Fintech Rankings for 20 years and has expanded the program to now include the top 150 solutions providers to ensure that we get the most accurate representation of the largest Fintechs in the world,” said Marc DeCastro, research director at IDC. “The technology companies on this list provide the innovation necessary to keep the financial services at the forefront of providing modern digital experiences across all aspects of a customer’s financial journey.” IDC Financial Insights publishes a comprehensive report about the year’s findings. For more information about the rankings, visit here. About Tavant Headquartered in Santa Clara, Calif., Tavant is a digital products and solutions company that provides impactful results to its customers across North America, Europe, and Asia-Pacific. Founded in 2000, the company employs more than 3000 people and is a recognized top employer. Tavant is creating an AI-powered intelligent lending enterprise by reimagining customer experiences, driving operational efficiencies, and improving collaboration.
Daimler Truck North America Partners with Tavant to Launch Best in Class, AI-driven Warranty System
SANTA CLARA, Calif. — Tavant, a leading provider of Service Lifecycle Management (SLM) solutions, and Daimler Truck North America LLC (DTNA), the largest heavy-duty truck manufacturer in North America and a leading producer of medium-duty trucks and specialized commercial vehicles, are thrilled to announce their latest partnership to transform DTNA’s service operations to enhance customer experience and dealer productivity. This collaboration signifies a significant expansion of a decade-long global technology partnership between Daimler Truck Group and Tavant. DTNA sought a cutting-edge solution to modernize its existing warranty system with advanced features for its employees and partners. Tavant’s Service Lifecycle Management (SLM) solution emerged as the clear choice, exceeding the company’s rigorous requirements. Tavant’s solution excels with its comprehensive suite of modules, encompassing warranty registration, inventory management, claims management, and service analytics. It will enable DTNA to improve claim data, empower users to create ad-hoc reports, and leverage machine learning to predict standard repair processes. “We are excited to expand our global partnership with Daimler through DTNA,” said Sarvesh Mahesh, CEO of Tavant. “Our AI-driven SLM solutions will empower DTNA to achieve their innovation objectives and drive forward with enhanced efficiency. This partnership reaffirms our commitment to providing advanced, customer-centric solutions to deliver value-driven outcomes and support DTNA’s strategic goals. By integrating GenAI technology, we aim to transform and future-proof their service operations, ensuring they remain leaders in the industry.” The solution’s GenAI-powered modules, Warranty.AI and Knowledge.AI, will allow dealers to search for vehicle information using natural language. DTNA will benefit from the code prediction feature, which utilizes text and VMRS (Vehicle Maintenance Reporting Standards) code analysis to make accurate code selections, thereby improving dealer experience and standardizing coding. Furthermore, advanced reporting tools will facilitate the easy submission of required data for regulatory reporting. “With a successful partnership of over a decade, Tavant has consistently demonstrated its ability to deliver AI-first service lifecycle management solutions that align with Daimler Truck Group’s long-term strategic vision,” said Vikas Khosla, CRO of Tavant. “Partnering with Tavant allows Daimler Truck Group to leverage the latest technology and transform their service operations. This collaboration aligns with their commitment to staying at the forefront of technological advancement and delivering unparalleled value to their customers.” About DTNA Daimler Truck North America LLC, headquartered in Portland, Oregon, designs, engineers, manufactures and, markets medium- and heavy-duty trucks, school buses, vehicle chassis, and their associated technologies and components under the Freightliner, Western Star, Thomas Built Buses, Freightliner Custom Chassis Corp, and Detroit brands. Daimler Truck North America is a subsidiary of Daimler Truck Holding AG (XETR: DTG), one of the world’s leading commercial vehicle manufacturers. About Tavant Service Lifecycle Management Tavant’s Service Lifecycle Management (SLM) Solutions are designed to transform how organizations manage their service operations. Our comprehensive suite includes industry-leading Warranty & Claims Management, Product Registration, Supplier Recovery, Part Returns, Service Contracts, Extended Warranty, Recalls Management, Advanced Analytics, and Reporting. The suite is further enhanced by Generative AI and machine learning capabilities through Tavant Manufacturing Analytics Platform (TMAP), which leverages AI/ML algorithms to deliver real-time actionable insights such as suspect claim scoring, warranty codes prediction, and failure clustering. For more information, visit tavant.com/slm. Contacts Simran Tayal Tavant Public Relations +1-866-9-TAVANT [email protected]
Tavant Launches New Pricing Analytics Module for its AI-powered Enterprise Analytics Platform (TMAP)
SANTA CLARA, Calif., May 15 — Tavant, a leader in AI-powered analytics solutions, today announced a significant enhancement to its TMAP product with the launch of Pricing Analytics module. This new feature, built on sophisticated machine learning and Generative AI models, empowers manufacturers to optimize aftermarket service pricing strategies. TMAP, known for its ability to transform aftermarket processes through insights, now extends its capabilities to include comprehensive pricing features. This module introduces several key features to enhance TMAP’s pricing capabilities for manufacturers including: Smart Search for competitive pricing analysis, ensuring optimal pricing strategies. Varied pricing strategies, enabling optimized pricing for spare parts, extended warranties, and service contracts. Machine learning models for dynamic price optimization in response to market trends and supply-demand shifts. Targeted recommendations for promotions, aiding in the development of effective sales strategies. Seamless integration with ERP and eCommerce systems, enhancing operational efficiency and pricing decision processes. According to Petchiraj Piramuthu, Head of Analytics Products – Manufacturing at Tavant, “The addition of Pricing Analytics marks a pivotal moment in aftermarket service management. We’re empowering manufacturers with AI-driven tools to not just react to market changes, but to anticipate and strategically navigate them. These enhancements in TMAP are set to transform the aftermarket service experience. By implementing more precise and dynamic pricing strategies, manufacturers can significantly increase efficiency, profitability, and customer satisfaction.” For more information about TMAP and the new pricing analytics module, visit tavant.com/TMAP. About TMAP TMAP is an analytics platform leading the charge in transforming the aftersales experience by harnessing data to boost customer satisfaction and streamline operations. The platform employs advanced analytics and artificial intelligence to automate claims, reduce warranty spend, optimize service parts prices, and provide early warnings for failures. In today’s market, where customer retention and service excellence are pivotal, TMAP helps manufacturers exceed expectations and nurture loyalty through Generative AI.
Tavant’s Touchless® Named “Best Digital Mortgage Product” in the 2024 FinTech Breakthrough Awards Program
SANTA CLARA, Calif.– Tavant, a Silicon Valley-based provider of AI-powered digital lending technologies, announced today its AI-powered Touchless Lending® Automation has been selected as the “Best Digital Mortgage Product” in the 8th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies, and products in the global FinTech market today. An independent panel of experts within the financial services and technology industries evaluated more than 4,000 FinTech Breakthrough Award nominations from across the globe, examining the following criteria: innovation, performance, ease of use, functionality, value, and impact. The winning companies and products embody a spirit of innovation and progress that drives the financial services industry forward. Tavant’s Head of Fintech Marketing, Brad Sivert, said, “We are honored to be recognized by such an esteemed organization. Our mission is to reshape the mortgage industry by giving lenders the tools they need to accelerate their loan manufacturing process and minimize origination costs. Our revolutionary AI-powered platform optimizes the underwriting and processing experience, solving numerous pain points for lenders. The impact is undeniable, enabling lenders to close loans in less than ten days and, perhaps more importantly, enabling homebuyers to realize their dreams of home ownership.” The FinTech Breakthrough Awards is the premier awards program founded to recognize fintech innovators, leaders, and visionaries from around the world. Find Tavant on LinkedIn and Twitter. About FinTech Breakthrough Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership around the globe, the FinTech Breakthrough Awards program is devoted to honoring excellence in Financial Technologies and Services companies and products. The FinTech Breakthrough Awards provide public recognition for the achievements of FinTech companies and products in categories including Payments, Personal Finance, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech, and more. For more information, visit FinTechBreakthrough.com. Tech Breakthrough LLC does not endorse any vendor, product, or service depicted in our recognition programs and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.
Tavant Enables Kubota to Leverage IoT Data for Enhanced Asset Tracking and Predictive Maintenance
SANTA CLARA, Calif.–Tavant, Silicon Valley’s leading digital products and solutions company, and Kubota North America Corporation (KNA) today announced a strengthened partnership to unlock the full potential of IoT data to address real-world challenges in asset tracking and predictive maintenance. Leveraging Tavant’s TMAP solution, this collaboration seeks to utilize diagnostic data effectively when operating and servicing Kubota machinery – which includes a full range of tractors, construction, and landscape equipment – to help the operator and service support identify and pre-empt potential issues, reduce downtime, and support various service activities with the ultimate goal to enhance both customer and dealer satisfaction significantly. The Connect.AI module of TMAP (Tavant Manufacturing Analytics Platform) consolidates IoT data from various equipment. With the power of sophisticated AI and ML models, TMAP delivers critical insights through user-friendly analytics dashboards, enabling Kubota’s dealers and internal users to make well-informed decisions. The solution ensures optimal performance and scalability, addressing the complex challenges businesses face in the IoT realm. Kubota North America Director of Information Communication Technology, Josh Skanderup, said, “As a trusted partner for over half a decade, Tavant has consistently helped Kubota navigate business challenges with their collaborative approach as we look to become a solutions provider for our customers and our dealers. Their expertise in predictive analytics and machine learning is invaluable in helping to elevate our aftermarket service operations. Through this solution, we foresee unlocking crucial insights into equipment health, future servicing needs, open service advisories, and beyond. This will enable our dealers to proactively anticipate and resolve potential problems, minimize operational pauses, and, most critically, elevate our customer satisfaction levels.” “Our growing partnership with Kubota marks an exciting time for us at Tavant,” shared Roshan Pinto, Head of Manufacturing, Tavant. “The partnership aims to make IoT data more accessible and user-friendly for Kubota’s dealers through easy-to-understand dashboards. As part of the IoT solutions landscape, we have always strived to deliver effective and seamless solutions,” he continued. “Our partnership with Kubota is a significant step in that direction, helping us to continuously innovate and offer advanced solutions that meet our client’s needs. “Moreover, at Tavant, we make it a point to balance smooth operation across platforms with robust security measures,” added Pinto. “Our ability to securely manage vast amounts of IoT data will assist Kubota in recognizing and resolving their specific challenges. We are certain that our collaboration will bring great value to Kubota and its dealer network, setting a new standard in the IoT industry.” About Kubota North America Corporation Kubota North America Corporation (KNA), a wholly owned subsidiary of Kubota Corporation, with headquarters in Grapevine, Texas, serves as the central business hub for all KNA companies in the U.S. and Canada, where leadership closely connects resources and shares talent across all lines of Kubota’s business. Kubota Corporation, based in Osaka, Japan, and together with its subsidiaries, manufactures and sells a range of machinery, including tractors, construction equipment, lawn and garden equipment, hay tools and other performance-matched implements to the North American market. For more information, visit KubotaUSA.com or Kubota.ca.
Cincinnati Incorporated Transforms Service Contracts and Field Service with Tavant’s AI-driven Enterprise Analytics Platform (TMAP)
SANTA CLARA, Calif.-Tavant, Silicon Valley’s leading digital products and solutions company, today announced a successful implementation of its AI-powered flagship product, TMAP, at Cincinnati Incorporated (CI), a leading machine tool manufacturer located in Harrison, OH. This pivotal move marks a transformative step in CI’s strategy towards addressing aftermarket challenges and placing the company at the leading edge of digital innovation in data analytics. Cincinnati Incorporated implemented TMAP, a cloud-based analytics platform, as part of their strategic initiative to enable faster and smarter insight into Service Contracts and Field Service. The solution helps transition from traditional tools to advanced data analysis and reporting, focusing on improving service response times and optimizing ticketing processes. TMAP utilizes artificial intelligence to monitor field service metrics, predict demand for spare parts, service technician hours and accurately determine service contract pricing. Moreover, its generative AI-powered search feature streamlines problem resolution and fosters collaboration within the CI knowledge base, significantly advancing CI’s commitment to service excellence and operational efficiency. Ryan Lemmel, Business Unit Leader for Aftermarket Sales from Cincinnati Incorporated remarked, “The deployment of TMAP, an AI-powered solution is a promising step forward for our data analytics and service operations. With its all-encompassing dashboards and enhanced reporting capabilities, we are positioned to gain deeper insights that are expected to reform the tools we have to measure service effectiveness. We anticipate this will lead to improved response and resolution processes, which should naturally translate into higher customer satisfaction. We are also looking forward to seeing how TMAP’s advanced forecasting abilities will help us better manage our service and parts inventory. The promise of TMAP to refine our operational efficiency and service quality is evident and we are eager to see the results as the system goes live.” “We are thrilled to see TMAP redefine the landscape of data analytics and service management at Cincinnati Incorporated,” stated Roshan Pinto, Head of Manufacturing, Tavant. “Our collaboration with Cincinnati Incorporated is a shining example of how innovative technology can transform aftermarket operations. TMAP’s innovative features and intuitive design are specifically crafted to meet the dynamic needs of manufacturers, ensuring they stay ahead in an increasingly digital world. This successful implementation is a testament to our commitment to delivering transformative digital solutions that drive aftermarket efficiency, enhance customer satisfaction, and lead to tangible, impactful outcomes.” About Cincinnati Incorporated Cincinnati Incorporated (CI) is a U.S.-based, build-to-order machine tool manufacturer with over 125 years in the industry. Our engineering and manufacturing expertise makes us the ideal partner for companies building innovative products that demand extraordinary durability, stability, and industry-leading features. At our state-of-the-art, Ohio-based facility, we develop and build custom software, dependable laser cutting systems and automation equipment as well as metal fabrication equipment, including press brakes, shears, and PM presses. Our extensive knowledge puts us in a unique position to help you drive efficiency in your manufacturing process no matter how simple or complex. For more information visit www.e-ci.com.
Tavant Secures Top Technology Innovator Honor, Named HousingWire TECH100 Winner Again!
SANTA CLARA, Calif., Feb 13, 2024 – Tavant, a Silicon Valley-based provider of AI-powered digital lending technologies, announced today that for the sixth consecutive year, it has been named to the coveted HousingWire 2024 HW TECH100™ listing of the most innovative Mortgage Technology companies. Additionally, Tavant was named to the Real Estate listing for the fourth year in a row. Tavant’s continued recognition in the Tech100 Mortgage is demonstrated by how the company is disrupting the industry and revolutionizing the mortgage process from origination to closing and servicing to secondary markets. Moreover, Tavant’s listing in the Tech100 Real Estate recognizes Tavant as a top technology company, forever transforming the home sales process from home search to lead management solutions and remote closing to transaction management software. Hassan Rashid, CRO of Tavant’s Financial Services business, said, “Tavant’s mission is to stay at the forefront of innovation and to be the technology partner of choice in the financial services industry. Committed to excellence and leadership in both the mortgage and real estate industries, we are proud to be recognized once again as a top honoree in the 2024 HW TECH100. Already enabling nine thousand homeownership dreams on a daily basis, bringing the timeline of originating home equity loans to eight days and cutting the mortgage down to 10 days, Tavant’s Touchless Lending is making homeownership more possible than ever before.” Through the company’s technology, Tavant is uniquely positioned to deliver uniquely impactful intelligence and custom solutions. Tavant was recognized in the mortgage technology category for its AI-powered Touchless Lending®, which gives lenders the tools they need to accelerate their loan process and minimize origination costs. In the real estate list, Tavant’s AI-powered, data-centric proptech platform powers more than half of the leading proptech and digital real estate businesses. Tavant’s solution has yielded success for its clients by accelerating growth, improving operational efficiency, productivity, speed, and accuracy, and simplifying each stage of the home search and buying process. Additionally, it helps organizations by providing the insights required to make intelligent decisions, as well as develop and monetize data assets. “The technology capabilities and solutions that this year’s Tech100 winning organizations have developed are an absolute testament to the relentless innovation within the real estate and mortgage technology landscape,” HW Media Editor in Chief Sarah Wheeler said. “These past few years have been transformative for the industry, and these honorees are continuing to bring long-awaited solutions to the challenges that mortgage and real estate professionals have struggled with for decades. Congratulations to all the deserving winners for their outstanding contributions to our ever-evolving industry.” “One of the most exciting parts of my role at HousingWire is having a front-row seat to witness stunning innovation in mortgage and real estate,” said Clayton Collins, CEO of HW Media. “HousingWire is dedicated to serving housing professionals with the full picture, and the full picture isn’t complete without deep and insightful coverage and resources to help mortgage and real estate professionals uncover the innovators and solutions that drive growth and efficiency in the housing sector.” Find Tavant on LinkedIn and Twitter.
Tavant Lists on the IDC FinTech Rankings for the Fifth Consecutive Year
SANTA CLARA, Calif., Sept. 13, 2023: Tavant, a Silicon Valley-based provider of industry-leading digital lending technologies, announced today that it was named a 2023 IDC FinTech Rankings Top 100 solution provider. This is the fifth consecutive year Tavant has been named to the financial industry’s most comprehensive vendor ranking. “IDC has been producing the IDC FinTech Rankings for twenty years and have expanded the program to now include the top 150 solutions providers to ensure we get the most accurate representation of the largest FinTech’s in the world,” said Marc DeCastro, research director at IDC. “The technology companies on this list provide the innovation necessary to keep the financial services at the forefront of providing modern digital experiences across all aspects of a customer’s financial journey.” The 20th Annual IDC FinTech Rankings categorize and evaluate technology providers based on calendar year revenues from financial institutions for hardware, software, and/or services. Data is gathered from surveys completed by vendors, as well as original research and market analysis conducted by IDC Financial Insights. Two sets of rankings emerge from this process: IDC FinTech Rankings Top 100 and Enterprise Top 50. The Fortune 500-style ranking categorizes and evaluates 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 forecasts worldwide spending on IT across the globe to be over $800 billion (USD) by 2026. Hassan Rashid, CRO at Tavant, said, “IDC Financial Insights is a recognized thought leader in our industry, and we are honored to be included in its annual fintech ranking. 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 through consistently focusing on our people, the passion we bring to the partnerships, and all-round excellence in everything we undertake.” To thrive in a digital economy, financial services organizations must embrace innovation and integrate innovative technology effectively to enhance the customer experience and achieve operational excellence. Tavant and the enterprises featured on the IDC FinTech Rankings Enterprise Top 100 represent those organizations committed to helping financial services companies successfully execute their digital transformation initiatives for the betterment of their customers around the world. IDC Financial Insights publishes a comprehensive report about the year’s findings, which is available to view or download at http://www.idc-fi.com. As a leading Fintech software and solutions provider for more than 20 years, Tavant proactively anticipates customer needs and adjusts accordingly to provide the right configurable solutions. Rapidly gaining market share, Tavant’s expanding customer base originates one out of every three mortgage loans in the United States. Tavant’s Touchless Lending® product suite maximizes data-driven decision-making to solve even the most complex lender and borrower challenges.
Tavant Unveils Data Beats™: A Data-Driven Ecosystem Built for Fintechs and Financial Institutions to Harness Data Insights
SANTA CLARA, Calif. & PHILADELPHIA – Tavant, Silicon Valley’s leading digital lending solutions provider, today announced at the MBA’s Annual Convention & Expo in Philadelphia, the launch of Data Beats™, a groundbreaking data platform that promises to redefine the financial services landscape. Built to inform, provide insights, act, recommend, and predict, Data Beats ushers in a new era of data-driven intelligence for the industry. This versatile platform empowers businesses to harness the power of their data and maximize its value, effectively taking the stress out of data management. Key benefits of Data Beats include: Provides actionable data insights that work for your business; Analyzes data from various aspects of your operations; Adapts and learns from your data to provide real-time recommendations; and Looks into the future, learns and predicts trends. Data Beats is a platform offering within Tavant’s banking and financial services suite of technology products. Data Beats is set to serve as the analytics and IoT engine for the financial services industry, initially focusing on mortgage and home equity products. Tavant plans to extend this robust data ecosystem to all consumer loans and banking products, making it a comprehensive solution for financial institutions. With Data Beats, Tavant empowers financial institutions towards proactive rather than reactive operations by incorporating generative AI to prompt users on the best course of action. This revolutionary approach allows the platform to offer precise recommendations for loan officers, consumers, processors, and underwriters, enhancing the overall efficiency of the lending process. Abhinav Asthana, Fintech Product Business and Growth Leader at Tavant said, “Tavant’s mission is to stay at the forefront of innovation and to be the engineering partner of choice in the financial services industry. Data Beats exemplifies our commitment to providing our customers with an advanced platform that accelerates their vision to transform into a data-first organization. We are proud to launch this platform, which brings insights, intelligence, and efficiency to the heart of the lending process.” Data Beats has already started demonstrating its value within Tavant’s existing customer base by enhancing and automating the home buying experience. By consolidating data from various stages of the customer journey, from acquisition to servicing and beyond, Data Beats provides invaluable insights that can be used to predict future behavior, optimize operations, and improve overall business performance. The system’s foundation, the data lake, can ingest a wide range of data inputs, limited only by the specific business problem it aims to solve. This flexibility positions Data Beats to become a game-changing tool for a wide range of industries beyond mortgage and lending.
Acra Lending Partners with Tavant, Deploys Touchless Lending® Collateral Analysis
SANTA CLARA, Calif., Sept. 26, 2023 – Tavant, a Silicon Valley-based provider of industry-leading digital lending solutions, and Acra Lending, the industry’s leading private mortgage lender, today announced the successful integration of Acra Lending’s digital mortgage experience with Touchless Lending® Collateral Analysis. This partnership marks a significant milestone in Tavant’s expansion into Non-QM Lending and an advancement in Acra’s mission to transform their business into one that is technology-first. “We are in an environment that is highly dependent on adoption of technology, and Acra does not want to be a company that does not adapt to technology,” said Gregory Meola, Managing Director at Acra Lending. “As we go through the year, we want to define ourselves as not only an adopter but an innovator at the same time. We have been working very hard to get a lot of great enhancements to our technologies and our process efficiencies, and the work we are doing with Tavant is an integral part of this transformation. By the end of this year (2023), we are expecting a major separation from the competition.” Acra Lending has fully deployed Tavant’s Collateral Analysis solution into production. This is the first step in Acra’s integration with Touchless Lending, which will feature the implementation of a non-QM AUS platform soon. Touchless Lending Collateral Analysis benefits every mortgage channel of business and goes far beyond industry standard appraisal review tools available today. “Tavant has proven instrumental in enhancing Acra’s operational efficiency, ensuring seamless automation and reducing costs,” said Mohammad Rashid, Head of Fintech Innovation at Tavant. “By leveraging Tavant’s cutting-edge technologies, Acra Lending has witnessed significant cost savings, enabling them to focus on delivering exceptional service to their clients. What sets Tavant apart is our commitment to offering flexibility to lenders. Whether a lender chooses to adopt the entire Touchless Lending suite or prefers to implement specific analyses independently, Tavant is there to support their unique needs every step of the way.” Collateral Analysis is a proprietary product of Tavant’s Touchless Lending automation platform, designed to integrate with existing lender systems seamlessly, including CRMs, Point-of-Sales, LOS, and document management systems. Collateral Analysis automates an underwriter’s manual, labor-intensive appraisal review process, allowing them to focus their attention on other pressing issues that require action. Eliminating manual review and data entry while identifying and escalating issues automatically allows for more accurate and faster decisioning and closing. As a leading Fintech software and solutions provider for more than 20 years, Tavant proactively anticipates customer needs and adjusts accordingly to provide the right configurable solutions. Tavant’s Touchless Lending® platform maximizes data-driven decision-making to solve even the most complex lender and borrower challenges. Tavant’s growing customer base originates one out of every three loans in the United States. About Acra Lending Acra Lending is based in Irvine, CA, and operates in 40 states. Acra Lending offers programs for wholesale, consumer direct, investor, and correspondent lending. Throughout the mortgage industry, Acra Lending is widely known for responsible lending practices, product innovation, and operational efficiency. Acra Lending specializes in alternative income products, such as bank statements, asset depletion, and verification of employment programs. Acra’s programs include fixed and adjustable-rate mortgages (ARMs) for both owner-occupied and non-owner-occupied residential properties. For more information about Acra Lending, visit www.acralending.com or call 949-900-6630.