Tavant Wins Brandon Hall Awards for Excellence in L&D
SANTA CLARA, Calif., Aug 22, 2022 SANTA CLARA, Calif., Aug 22, 2022 – Tavant – Tavant, Silicon Valley’s leading digital products and solutions company, today announced that it won the Brandon Hall HCM Excellence Award 2022 in partnership with Adobe, its learning partner. The company has received this honor for “Best Program for Upskilling Employees” in the “Future of Work” category. Brandon Hall Group operates the largest and longest-running awards program in Human Capital Management. As an independent HCM research and analyst firm, they conduct studies which provide organizations with strategic insights for executives and practitioners responsible for growth and business results. The 2022 Brandon Hall Group HCM Excellence Awards were given for work in Learning and Development, Talent Management, Leadership Development, Talent Acquisition, Human Resources, Sales Performance, Diversity, Equity & Inclusion, and Future of Work. Entries were evaluated by a panel of veterans, independent senior industry experts, Brandon Hall Group analysts, and executives based upon criteria, including fit the need, design of the program, functionality, innovation, and overall measurable benefits. “It was an absolute pleasure to collaborate with Tavant on multiple skilling programs with the right learning platform support. Tavant had a strategic approach pertaining to each targeted improvement they were bringing about in their workforce, a futuristic vision, and a very detail-oriented action plan,” said Tannistho Ghosh, Customer Education Marketing Manager, Adobe. “At Tavant, our focus is on providing opportunities for our people to be the best versions of themselves. We have adopted an agile approach to upskilling and reskilling to align closely with the demands of technology, which is accelerating faster than ever. Continuous learning at Tavant is a culture and a passion. We are honored that Brandon Hall has recognized the innovative ways in which we are empowering our people to learn, lead, and enhance their career path,” said Krishnan PP, Chief Delivery Officer, Tavant. “Tavant invests in various learning attributes to encourage its people to learn new skills in technology, domain, and leadership. The partnership with Adobe has empowered us to transform our learning methodology,” said Sujatha Das, Global Head of Learning & Development, Tavant. Award entries are evaluated by a panel of veteran, independent senior industry experts, Brandon Hall Group analysts, and executives based upon the following criteria: fit the need, design of the program, functionality, innovation, and overall measurable benefits. All Excellence Award winners will be honored at Brandon Hall Group’s HCM Excellence Conference, Feb. 1-3, 2023, at the Hilton West Palm Beach, Florida. To view the full list of award recipients, click here. Find Tavant on LinkedIn and Twitter. Media Contact: Vibhor Mishra [email protected]
Tavant Announces Significant Expansion Across Europe
Eindhoven, Netherlands, June 24, 2022 Eindhoven, Netherlands, June 24, 2022 – Tavant, Silicon Valley’s leading digital products and solutions company, today announced its expansion in the European market to serve its growing customer base. This will involve a major expansion of its current operations in the Netherlands (Eindhoven) and the UK (Nottingham), as well as the opening of a new near-shore development center in Portugal. This expansion will be driven by local hiring, training of local talent, as well as looking at the acquisition of a Europe based systems integrator. This will empower its customers across the UK, Netherlands, Belgium, Spain, Norway, France, Switzerland, Germany, and Italy to further grow the digital economy. “We are very pleased to welcome Tavant’s further expansion to the Eindhoven region. The AI & Data Technologies are slowly becoming part of our everyday lives and we see it touching many parts of industry in Brabant, from manufacturing to logistics, field service to customer delivery. Inspection, picking, and autonomous navigation are just a few areas where we see great, real-world applications and many more opportunities for Tavant,” said Guido Leestemaker, Project Manager, Foreign Investments at the Brabant Development Agency. “It’s our privilege to work with our customers across Europe – a region that continues to bring innovations to market every day. As our world begins to come together in person once again, our Europe expansion is all about closer collaboration with our partners and customers. The decision to expand our operations in Europe is not only a logical step in developing our business but, more importantly, is a response to the growing demand of our European clients who praise our speed, agility, adaptability, and our ability to turn their business goals into meaningful business outcomes. We would also like to extend our thanks to the Netherlands Foreign Investment Agency (NFIA) and the Brabant Development Agency (BOM) for their support in this expansion in the Netherlands,” said Sarvesh Mahesh, CEO, Tavant. “This is a perfect next step as we evolve our business as the leading product and solutions company across EMEA and globally. We are purpose-built to help businesses adopt next-generation digital technologies and are enormously proud of our track record of delivering great client outcomes,” Mahesh substantiated. The European expansion is the latest in a series of major milestones for Tavant in recent years. Tavant also recently opened its second U.S. development and innovation center in Dallas, TX, and added 300 new employees across the U.S. Over the last few years, Tavant has increased its focus on product and platform development, leveraging connected technologies such as IoT, machine learning, data science, and AI & advanced analytics to collaborate with customers on their digital journey. Tavant has always been known as a top employer, which helps it in attracting and retaining top talent. More recently, Tavant’s revenue has grown by over 40% YoY, creating a foundation for Tavant’s re-investment in the European market. Find Tavant on LinkedIn and Twitter. Media Contact: Vibhor Mishra [email protected]
Tavant Takes the 2022 Mortgage Innovators Conference by Storm
SANTA CLARA, CA. MAY 2, 2022 SANTA CLARA, CA. MAY 2, 2022 – Tavant, Silicon Valley’s leading digital lending solutions provider, is presenting live at this year’s Mortgage Innovators Conference being held in Anaheim, California, May 2-4. The conference brings together technology leaders, mortgage lending experts and industry peers to discuss the latest trends and strategies to help you understand the current tech-driven landscape and where innovation is needed next in the mortgage lifecycle. Tavant’s top executives will share essential directives and insight on how to thrive in today’s global landscape in four sessions: How AI-powered Touchless Lending™ Simplifies, Streamlines & Saves Money – Imagine an AI-powered product that improves the loan fulfillment process and simplistically triages, prioritizes, and implements decisioning in real time. In this Tech Talk, Sundeep Mathur, VP of Digital Lending Consulting Practice, explains how Touchless Lending™ is designed to do that and much more by optimizing the processing and underwriting of loans, driving down the cost of fulfilling a loan and reducing cycle times by 32%. Rise of the Bots – More companies are leveraging robotic process automation (RPA). Join Mohammad Rashid, SVP and Head of Fintech Innovation, as he discusses the current state of bots in the mortgage industry, how they are helping organizations scale, and steps to explore this area of innovation at your company. Tavant’s Tech Demo – Mortgage Tech Innovation never stops! Check out the latest developments with Tavant’s FinDecision solution, a component of Tavant’s AI-powered digital lending suite of products that improves loan quality while enhancing the overall loan origination experience. This dynamic 5-minute technology demonstration will inspire you to learn more and gain an edge on unleashing the power of data-driven decisions in lending. Operations Automation Journey – Automation is finding its way into every step of the mortgage process. Disclosures, File Set Up, Verifications, Processing, and Underwriting are just a handful of areas that can benefit. Brad Sivert, Head of Proptech, shares innovation insights as he dives into which areas lenders are tackling first to create the most efficiency. When: May 2-4, 2022, click here to register. May 2 – How AI-powered Touchless Lending™ Simplifies, Streamlines & Saves Money with Sundeep Mathur, VP of Digital Lending Consulting Practice 1:45 – 2 pm May 2 – Rise of the Bots with Mohammad Rashid, SVP and Head of Fintech Innovation 4 – 4:30 pm May 3 – Tavant’s Tech Demo 9:45 – 10:15 am May 4 – Operations Automation Journey with Brad Sivert, Head of Proptech 9:45 – 10:15 am Details: For more information including the detailed schedule and all keynote speakers, visit the agenda page. Find Tavant on LinkedIn and Twitter. Media Contact: Anna Stanley/Adrie Morales [email protected]/[email protected] 251.517.7857/678.781.7227
Tavant Partners with American Society for Engineering Education to Unveil a New Interactive Digital Presence
SANTA CLARA, CA. March 24, 2022 SANTA CLARA, CA. March 24, 2022 – Tavant, Silicon Valley’s leading digital products and solutions company, today announced the launch of a new digital presence for the American Society for Engineering Education. Tavant partnered with ASEE to make their website more interactive and secure, to help ASEE connect better with their 14,000 individual members and 450 organizational members. The web experience team at Tavant has built a scalable digital platform to further enhance ASEE’s reputation as a one-stop platform with best-in-class content management capabilities that will be integrated with ASEE’s back office. The new ASEE website now offers users a more intuitive and rich navigation experience. “In the past few months, thanks to Tavant, we have seen an increase in website visitors and content consumption. “We’ve seen an uptick in participation in ASEE’s programs, such as conferences and workshops,” said Jasmin D. Rathod, Chief Information Officer, ASEE. “Tavant’s technical experience, domain understanding, and metrics-driven fail-proof delivery practices contributed to the success of the new website.” “In addition, the site has improved search capabilities to encourage visitors to explore the wide range of ASEE programs, which include accessing research papers on PEER (Papers on Engineering Education Repository) website, an integrated hub platform for connecting with engineering professionals and educators, conferences, workshops, and subscriptions to top-tier industry publications. Tavant also created custom templates for members-only content, allowing visitors to connect with like-minded peers and thereby increasing the value of membership,” Rathod added. Tavant utilized Kentico to enable a high-performance website with sub-second load time. The Kentico CMS provided ASEE with an easy-to-maintain, scalable, and fault-tolerant solution. The new website empowered ASEE with the following benefits: Unparalleled scalability, availability, and performance to support an unlimited number of members and end-users A rich user experience and a seamless content editing experience for marketers and administrators Superior security with multiple security layers that comply with GDPR, CCPA, and other data protection regulations “Given the wide scope of ASEE and its numerous services, our goal was to create a digital presence that was not only engaging for users, but also reflected ASEE’s critical business needs and goals,” said Ravi Peravali, Head of Media, Tavant. “This new web portal is designed to help ASEE in its mission to evolve its members into the technologists of the future. We’re proud to help scale-up this innovative brand.” About ASEE The American Society for Engineering Education (ASEE) is a nonprofit organization of individuals and institutions committed to furthering education in engineering and engineering technology. In pursuit of academic excellence, ASEE develops policies and programs that enhance professional opportunities for engineering faculty members and promotes activities that support increased student enrollments in engineering and engineering technology colleges and universities. Strong communication and collaboration with national and international organizations further advances ASEE’s mission. Learn more at ASEE.org. Find Tavant on LinkedIn and Twitter. Media Contact: Firecracker PR [email protected] 1-425-698-7477
AnnieMac Selects Tavant to Power its Wholesale Platform for Brokers
SANTA CLARA, Calif., Mar. 17, 2022 SANTA CLARA, Calif., Mar. 17, 2022 – Tavant, a Silicon Valley-based provider of industry-leading digital lending solutions, today announced that AnnieMac Home Mortgage, one of the fastest-growing home lenders nationwide, has chosen Tavant’s VΞLOX platform to transform its wholesale lending operations. Already a powerful mortgage lender in the retail space, AnnieMac plans to rapidly expand its wholesale lending business over the next three years using FinXperience, Tavant’s intuitive platform for point-of-sale experiences. FinXperience is a VΞLOX product and implementable across all lending channels, including retail, wholesale and others. FinXperience will empower AnnieMac’s brokers with seamless digital lending experiences and the tools they need to be self-sufficient. “Our election to optimize the sophistication and reliability of Tavant’s FinExperience enables AnnieMac to provide an all-encompassing, inclusive, best-in-class experience that is deliberately intended for AnnieMac’s brokers,” said Joseph Panebianco, CEO and President at AnnieMac Home Mortgage LLC. “Through Broker “self-serve” capabilities, our brokers are empowered with the resources they need to compete and win and drive usability and efficiencies. Tavant’s intuitive feature sets and unique ability to rapidly innovate make them a superior choice providing AnnieMac and our clients with a competitive advantage. We are confident that Tavant is the optimal technology partner to enable our vision for wholesale in 2022 and beyond.” VΞLOX is an AI-powered suite of digital lending products that deliver best-in-class lender and borrower experiences. It uses automation and straight-through processing to configure immersive lending experiences that accelerate loan manufacturing and improve loan quality. Tavant’s VΞLOX suite of products optimizes the back office, simplifies the middle office, and transforms the front-end consumer experience into an efficient digital data flow. “Our goal is to enable organizations, like AnnieMac, to thrive in the wholesale business,” said Hassan Rashid, Chief Revenue Officer at Tavant. “Our technology will enable AnnieMac to alleviate a number of its broker-specific challenges and improve its overall borrower experience. We share a vision of embracing speed and efficiency across the entire home loan journey, which is why we are constantly adopting new technologies, like machine learning and automation, to empower our clients.” As the leading provider of Fintech software and solutions for more than 20 years, Tavant proactively anticipates customer needs and adjusts accordingly to provide the right configurable solutions. AnnieMac joins Tavant’s growing customer base, which originates one out of every three loans in the United States. Tavant’s VΞLOX product suite, which now includes Touchless LendingTM, maximizes the use of data-driven decision making to solve even the most complex lender and borrower challenges. Find Tavant on LinkedIn and Twitter. About AnnieMac Home Mortgage American Neighborhood Mortgage Acceptance Co. LLC, (NMLS No. 338923), which conducts business as AnnieMac Home Mortgage, is a full-service mortgage bank, headquartered in Mount Laurel, New Jersey. We offer our clients a wide array of contemporary loan products that help make homeownership more affordable. Because our loans are processed and underwritten in-house, our customers and business partners can expect the rapid turn times and exceptional service they deserve. As an approved Seller/Servicer with Fannie Mae, Freddie Mac, and other government-sponsored entities, as well as numerous private investors, AnnieMac has access to a broad spectrum of mortgage programs, including government-insured loans and non-conforming mortgages. Since our inception 12 years ago, AnnieMac has emerged as one of the fastest-growing home lenders in the industry. We current employ approximately 1,000 team members with over 100 locations nationwide. We’ve assembled a world class Wholesale Team with the best and brightest leadership that were formerly associated with organizations that played meaningful roles in Wholesale Lending. AnnieMac is reemphasizing its commitment to our Brokers by enabling them to fulfill their clients dream of responsible and sustainable home AnnieMac Home Mortgage is an Equal Housing Lender. For more information, please visit https://www.annie-mac.com/. Find AnnieMac on LinkedIn
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
Tavant Names Dawn Svedberg Head of Fintech Product Sales
SANTA CLARA, Calif., Jan. 27, 2022 SANTA CLARA, Calif., Jan. 27, 2022 – Tavant, Silicon Valley’s leading digital lending solutions provider, today announced that financial and mortgage industry executive, Dawn Svedberg, has joined its team as Head of Fintech Product Sales. Svedberg is responsible for spearheading the efforts of the recently launched VΞLOX NXTTM, the latest and most advanced edition of its AI-based digital lending platform. Hassan Rashid, CRO, Tavant, said,” Tavant’s VΞLOX digital lending platform tripled in users last year and with the fully re-architected VΞLOX NXT platform, which will be available in-market and to current customers in March 2022, it was paramount that we have a seasoned executive to lead these efforts. Dawn’s proven track record in financial services as well as her knowledge and expertise in all facets of the mortgage industry make her the perfect fit for our team. We are excited to have her on board.” Svedberg comes to Tavant from Cloudvirga where she was most recently SVP, National Sales, and prior to that, VP of Customer Success. While there, she oversaw the Sales, Marketing, and Customer Success teams. She was also VP, National Client Director at CoreLogic where her team managed several of the largest clients to ensure they had access to the data and the latest analytic solutions available. The team was also instrumental in working with clients to achieve their business goals while increasing productivity and reducing exposure. Additionally, Svedberg held executive positions at The William Fall Group, Informative Research, Bank of America, and Chicago Title to name a few. “I am excited to be a part of Tavant’s executive team and to work with the launch of the VΞLOX NXT platform,” Svedberg shared. “This new platform will give lenders the advanced tools needed to provide a superior mortgage experience, build loyalty, and attract new customers, employees, and TPO partners. The experience I have gained during my 20+ year career will be extremely valuable in bringing Tavant’s VΞLOX NXT platform to market.” As the 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 robust suite of Fintech products and solutions now includes Touchless LendingTM. The company continues to enable customers to optimize their back-office, simplify their mid-office, and transform their front-end consumer experience into an efficient digital data stream. Find Tavant on LinkedIn and Twitter.
IDC MarketScape Recognizes Tavant as a Leader Again in the Assessment for Warranty and Service Contract Management Applications
SANTA CLARA, CA. January 25, 2022 SANTA CLARA, CA. January 25, 2022 – Tavant, Silicon Valley’s leading digital products and solutions company, today announced that it has been named a “Leader” in the IDC MarketScape: Worldwide Manufacturing Warranty and Service Contract Management Applications 2022 Vendor Assessment. Tavant is positioned in the Leader category based on the assessment of its capabilities and strategies that enable manufacturers to perform optimally. “Manufacturers and service organizations should consider Tavant when they are looking for an end-to-end warranty offering with advanced capabilities in AI and IoT,” said Aly Pinder, Program Director at IDC. “Tavant supports its clients with personalized, configurable offerings and AI-based capabilities to digitally transform their warranty and service operations.” Tavant has also been named as a Major Player in the IDC MarketScape: Worldwide Manufacturing Service Parts Management Applications 2021-2022 Vendor Assessment. The company supports the aftersales market through its Tavant Warranty and Tavant Manufacturing Analytics Platform (TMAP) products. It offers a smart platform to disrupt and transform the warranty and service processes with an approach that is continuously adapting to an analytics-first decision-making engine. This approach empowers customers to make smarter decisions while relying on SMEs to concentrate on more complex and significant value-driven problem statements. We believe Tavant’s key differentiators are: Modular Product Design: Provides a flexible framework for customers to easily map their existing processes and simplify the roadmap to quickly digitize their entire warranty operations Analytics-first and Continuous Learning Approach: Empowers users with real-time business insights and advanced level next-best-actions IoT-Enabled and Scalable Product: Provides an end-to-end warranty and service contract solution with advanced capabilities in AI and IoT Larger Ecosystem Value-Add: Tavant’s focus on sustainability and complete service life-cycle management delivers a connected experience for customers in complex industries with complex networks “Tavant’s recognition as a leader for the second time is a reflection of our obsession with innovation and customer success,” said Roshan Pinto, Head of Manufacturing at Tavant. “The key driver behind the innovation and evolution of our products and services is our focus on our customers’ business needs and the fast-changing world of technology. Using AI and advanced analytics, we reduce guesswork, create predictability, provide insightful information, and ultimately help organizations collect and comprehend data in more structured and meaningful ways,” Pinto substantiated. Access the IDC MarketScape for Manufacturing Warranty and Service Contract Management Applications Vendor Assessment 2021-2022 excerpt here. To learn more about Tavant and its products and services, visit: tavant.com/warranty, tavant.com/tmap. About IDC MarketScape IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors. IDC MarketScape: Worldwide Manufacturing Warranty and Service Contract Management Applications 2019–2020 Vendor Assessment, Aly Pinder, IDC# US44408619, December 2019 (ii) IDC MarketScape: Worldwide Manufacturing Warranty and Service Contract Management Applications 2022 Vendor Assessment, Aly Pinder, IDC # US46743021, January 2022 (iii) IDC MarketScape: Worldwide Manufacturing Service Parts Management Applications 2021-2022 Vendor Assessment, Aly Pinder, IDC # US46742821, December 2021 Find Tavant on LinkedIn and Twitter.
Tavant Launches VΞLOX NXT to Amplify Customer-Centricity and Transform Borrower Experiences
SANTA CLARA, Calif., Jan. 13, 2022 SANTA CLARA, CA (Jan. 13, 2022) – Tavant, Silicon Valley’s leading digital lending solutions provider, today launched VΞLOX NXTTM, the latest and most advanced edition of its AI-based digital lending platform. The fully re-architected solution combines the proven back-end optimization and automation features with new, advanced customer-centric capabilities to provide borrowers, loan officers, and mortgage brokers a more unified, engaging, and adaptive experience. VΞLOX NXT will be available in-market and to current customers in March 2022. VΞLOX NXT, the latest evolution of Tavant’s cloud-based VΞLOX digital lending platform, adds technical capabilities to enable homeownership in America, one mortgage at a time. This new platform provides lenders with advanced tools to provide a superior mortgage experience, build loyalty, and attract new customers, employees, and TPO partners. These capabilities include: Mobile-native full loan application experiences with data prefill capabilities and integrations with more than 130 third-party services for hyper-personalization Streamlined application and e-closing processes that are configurable and adaptable VΞLOX data lake integration for consumer behavior tracking and operations analytics Advanced A/B/n testing for segmented and targeted rollouts and deployments Digital collaboration tools with features including video engagement and self-serve options “It is abundantly clear that when it comes to purchasing a home and securing a mortgage, a one-size-fits-all approach does not work,” said Abhinav Asthana, Head of Product, Tavant. “J.D. Power’s recent mortgage origination survey indicates that overall customer satisfaction is declining. As we transition into a purchase market, lenders must adopt hyper-personalized customer acquisition strategies and deliver more engaging experiences across retail and wholesale channels. VΞLOX NXT represents a fundamental shift, empowering loan officers and brokers to have complete control over the mortgage application experience while equipping them with the necessary data and analytics required to meet the demands of today’s savvy, digital consumer.” Tavant’s VΞLOX NXT enables lenders to re-align from back-office efficiencies to focusing more on the customer, ensuring the borrower experience is at the center of their business. By partnering with experienced technology providers, Tavant offers the latest customer-centricity capabilities in one seamless platform, providing improved performance and processes regardless of the lenders’ existing business applications and eliminating the limitations of many third-party applications. Hassan Rashid, CRO, Tavant, said, “Our lending solutions enable one out of every four mortgage loans for U.S. homebuyers. This is a testament to Tavant’s unwavering commitment to digital transformation and continues to position Tavant as the industry-leading provider of digital lending solutions. With the release of VΞLOX NXT, we are doubling our investment towards this initiative by introducing sophisticated yet simple customer-facing technology that will drastically change the way lenders engage with borrowers and make the entire process much more collaborative.” As the 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 robust suite of Fintech products and solutions now includes Touchless LendingTM. The company continues to enable customers to optimize their back-office, simplify their mid-office and transform their front-end consumer experience into an efficient digital data stream. Find Tavant on LinkedIn and Twitter.