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.
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Media Contacts:
Michelle Kersch
Black Knight Financial Services
904.854.5043
Vibhor Mishra
Tavant Technologies
408.519.5400
