Tavant Named to Prestigious 2025 AIFinTech100 List
SANTA CLARA, Calif., June 18, 2025 – Tavant, a leading provider of AI-powered fintech solutions and digital engineering, announced today its inclusion in the 2025 AIFinTech100. The list, published by FinTech Global, recognizes the world’s most innovative companies that are ushering in a new era of AI in financial services to drive greater efficiencies through disruption and innovation. Finalists were selected by an esteemed panel of industry experts and analysts that reviewed submissions from more than 2,000 financial technology companies. Tavant was recognized for introducing new and disruptive technology advancements, applying Agentic AI to their existing Touchless Lending® platform to address challenges in the financial services industry. Tavant’s Touchless Lending suite of capabilities unlocks the power of AI in lending, ranging from lead generation automation to loan officer assistants, AI-powered data and document gathering and analysis, AI-enabled underwriting, Compliance Agents, and Agent-supported loan closing. It is one of the most comprehensive applications of AI, GenAI, and Agentic AI for mortgage origination and servicing. Richard Sachar, Director at FinTech Global, said, “AI is fundamentally reshaping the financial services landscape. The companies featured on this year’s AIFinTech100 list are at the forefront of that transformation, developing solutions that enhance operational efficiency, strengthen compliance, improve customer engagement, and drive innovation across the board. The AIFinTech100 2025 recognizes the firms setting new standards for how AI can be applied in financial services. From intelligent automation and fraud detection to hyper-personalized banking experiences, these trailblazers are leading the next wave of FinTech innovation.” Tavant’s AI-driven solutions enhance agility, optimize cost, and drive continuous innovation. Customers report a 54% increase in speed to market, a 45% cost reduction, and a 33% productivity improvement. Tavant’s AI solutions power 1 in 3 US mortgage loans, with 3.5 million lending applications and 33 million lending transactions enabled. Using AI and ML algorithms, Tavant’s solutions move beyond conventional automation to intelligent, adaptive, and outcome-driven AI solutions. AI-powered agents, predictive intelligence, and scalable ML models redefine how businesses operate, drive efficiency, accelerate decision-making, and unlock new growth opportunities. “Being featured in the 2025 AIFintech100 list is a tremendous validation of our work, as well as dedication, and we are proud to be at the forefront of this transformation,” said Hassan Rashid, President, Fintech of Tavant. “For decades, we have been committed to harnessing the power of AI to solve complex challenges, build scalable solutions, and help enterprises build future-proof operations. This recognition is particularly meaningful in a year marked by such rapid advancements in AI and further underscores our dedication to helping clients overcome complex challenges and streamline operations, while driving revenue and profitability. I am extremely honored that Tavant was included in this highly distinguished list of the most advanced AI providers for financial services globally.” A full list of the AIFinTech100 and detailed information about each company can be downloaded for free at www.AIFinTech100.com.
Tavant Named to HousingWire’s Tech100 Listing for Both Real Estate and Mortgage Companies
SANTA CLARA, Calif., Feb 20, 2025 – Tavant, a leading provider of AI-powered Fintech Solutions and IT Services, announced today it has been named to the prestigious HousingWire 2025 Tech100 listing of the most innovative and impactful Mortgage Technology organizations for the seventh year in a row. The company was also named to the Real Estate list, highlighting its cutting-edge solutions shaping the future of housing for the fifth consecutive year. Hassan Rashid, CRO of Tavant, said, “We are honored to be continually recognized in HousingWire’s Tech100 lists. This is a testament to our mission to continually advance technology and enhance the lending process. As one of the pioneers in integrating a fully compliant, Agentic AI-enabled lending platform, we help originators and servicers achieve disruptive advancements in profitability and efficiency, and we leverage the most advanced technology solutions that make the homeownership dream a reality.” Tavant is proud to be one of the technology providers to be consecutively recognized on each list for introducing new and disruptive technology advancements, most recently the company’s advancements in applying Agentic AI to their existing Touchless Lending® platform to address challenges in the financial services industry. Tavant’s Touchless Lending® suite of capabilities unlocks the power of AI in lending, ranging from lead generation automation to loan officer assistants, AI-powered data and document gathering and analysis, AI-enabled underwriting, Compliance Agents, and Agent-supported loan closing. It is one of the most comprehensive applications of AI, GenAI, and Agentic AI for mortgage origination and servicing. “Technology is at the core of progress in the housing industry,” said Clayton Collins, CEO of HW Media. “The companies recognized in this year’s Tech100 awards are leading innovation and delivering real-world impact to drive faster and more efficient processes in mortgage lending, capital markets, servicing, and real estate. We’re seeing lending and real estate organizations separate from the pack by developing and implementing technology that bolsters client experience, team member productivity, and process automation.” For the past 13 years, the Tech100 program has provided housing professionals with a definitive list of the industry’s most forward-thinking organizations. HousingWire’s list serves as a valuable resource for mortgage lenders and real estate professionals seeking trusted partners and technology solutions to address industry challenges. “The 2025 Tech100 honorees are driving real transformation in mortgage and real estate,” said Sarah Wheeler, Editor-in-Chief at HousingWire. “These companies are not just enhancing processes—they’re redefining what’s possible. From streamlining lending operations to elevating the real estate experience, their innovations are paving the way for a more efficient and dynamic housing market.” About Tavant Tavant is a leading AI-powered Solutions and IT Services Provider focused on helping enterprises unlock the power of AI and accelerate digital transformation. With a sharp focus on ROI and deep domain expertise across various industries, Tavant excels in complex data and cloud modernization, developing and productizing advanced AI and Machine Learning models, Agentic AI, and AI Software to deliver intelligent automation and business transformation to Fortune 500 enterprises. All while being at the forefront of GenAI-enabled application development and IT management. Headquartered in Silicon Valley, Tavant operates globally with service locations and development centers in the US, Europe, India, and Central America. About HousingWire HousingWire is an information services company that provides unique data and research, respected business journalism and must-attend events for housing leaders to use to advance their understanding and business outcomes. Our vision is a world in which housing leaders have a complete view of the housing market, and a broad community of peers with whom they can connect. We are committed to delivering the data, analytics, media, and events that advance this vision. Because housing is too important for narrow perspectives and missed connections. Informed housing leaders are better housing leaders. A connected housing industry is a better housing industry. And the full picture always reveals new opportunities. Explore more at www.housingwire.com.
An Expert Take on How AI is Transforming the HELOC Experience in Mortgage Lending
Generative AI is revolutionizing the Fintech industry, turning once slow, manual processes into seamless, efficient operations. In mortgage lending, this technology drives innovation by streamlining tasks and improving customer experiences. Tavant, a leading digital products and platform company, is at the forefront of this transformation, delivering cutting-edge AI-driven solutions across North America, Europe, and Asia-Pacific. Hemanthkumar Jambulingam, Director of Product Management at Tavant, leads the development of the Touchless Lending® suite. This suite leverages AI to reimagine loan origination and servicing, helping lenders improve customer acquisition, conversion, and retention—all while enhancing operational efficiency and speeding up processes. Check out the excerpts from a detailed discussion where Hemanthkumar shares his insights on why HELOCs are becoming increasingly attractive to homeowners and how AI is empowering lenders to provide more personalized and efficient services. Q: What is the impact of Generative AI on the Fintech landscape? Generative AI is fundamentally reshaping the Fintech industry by boosting productivity, enhancing software quality, and accelerating development cycles. It is able to improve productivity by automating many repetitive tasks, particularly in coding and testing. However, it’s not about replacing manual labor, but it has more to do with enhancing human capability. For instance, AI models can analyze massive datasets in real-time, offering actionable insights that accelerate decision-making in financial services. On the customer side, AI-driven chatbots streamline support, resolving common issues instantly, freeing up resources, and improving response times. Generative AI has a profound impact on software quality. AI-powered testing can automatically generate test cases, helping to catch errors that might slip through manual checks. This reduces human error, making software more stable and reliable. Furthermore, AI-driven personalization allows financial products and services to be tailored to individual needs, increasing customer satisfaction by delivering more relevant solutions. AI tool for code generation have accelerated the development cycles. For instance, auto-completion and auto-generation have revolutionized how quickly financial software can be developed and deployed. These tools produce high-quality, contextually accurate code, reducing the time spent on manual coding. Additionally, AI-driven continuous integration and deployment (CI/CD) systems automate key stages of the development pipeline, speeding up product launches. The adaptive nature of AI ensures continuous optimization, driving faster innovation. Generative AI is not just improving efficiency; it’s ushering in a new era of rapid innovation in Fintech, enabling companies to bring financial products to market faster, with greater precision and reduced risk. Q: What is the current landscape of home equity lending, especially with HELOCs?The home equity lending market has seen significant changes, particularly with the rise of Home Equity Lines of Credit (HELOCs) in 2024. Homeowners are increasingly turning to HELOCs as a flexible financial solution, leveraging their property’s value to gain greater financial freedom. HELOC originations surged by over 20% in 2024, driven by rising home prices and homeowners’ reluctance to refinance at today’s higher mortgage rates. With more than $32 trillion in home equity available, homeowners are using HELOCs to access this wealth without refinancing their primary mortgages. Why Are HELOCs So Appealing? Homeowners are drawn to HELOCs because of their flexibility. A HELOC functions like a credit card—borrowers can draw funds, repay, and re-borrow as needed. This makes HELOCs ideal for ongoing expenses like home renovations or education costs. Another key factor is relatively low interest rates, which hover around 9% in 2024, making HELOCs more affordable than personal loans or credit cards. Tax benefits further boost their appeal, as interest on HELOCs remains deductible when used for home improvements. Key drivers behind the HELOC boom include rising home prices, which have been increasing by 6-7% annually, and rising consumer debt—households in 2024 carry an average debt of $104,215. Many are using HELOCs for debt consolidation, lowering monthly payments and saving on interest costs. Additionally, HELOCs provide a financial safety net in uncertain times, offering flexibility while preserving liquidity. Q: Can you explain the market dynamics behind the surge in HELOCs? The resurgence of HELOCs in 2024 is driven by a convergence of macroeconomic factors, including rising interest rates, limited housing inventory, and substantial home equity accumulation. Mortgage rates in 2024 are significantly higher, ranging between 6% and 7%. Homeowners with sub-4% mortgages are reluctant to refinance, resulting in a 40% decline in refinancing applications. Consequently, HELOCs have become the preferred option for accessing home equity without losing favorable mortgage terms. Limited Housing Inventory and Rising Home Prices are key factors. The housing market faces a severe inventory shortage, with just 2.7 months of supply available. This has driven home prices up by 7.3% in 2023 alone. As home values rise, so does home equity, prompting more homeowners to use HELOCs to tap into this wealth. Inflation and Economic Flexibility have made a huge impact. With inflationary pressures making it harder for families to manage rising costs, HELOCs offer a low-cost, flexible credit line that can be used as needed. The revolving nature of a HELOC, where interest is only paid on what’s borrowed, makes it a cost-effective and attractive financing option in uncertain economic times. In conclusion, Generative AI is transforming the Fintech landscape, particularly in home lending with the rise of HELOCs. By enhancing operational efficiency and enabling personalized solutions, AI empowers lenders to meet the evolving needs of homeowners. As rising home equity and demand for flexible financial products grow, HELOCs are set to play a crucial role in navigating economic uncertainty. This synergy between Generative AI and home equity lending will foster a more responsive financial ecosystem, benefiting both lenders and consumers. FAQs – Tavant Solutions How does Tavant enhance HELOC processing through AI technology?Tavant uses AI to automate property valuation, streamline income verification, and accelerate credit decisions for HELOCs. Their intelligent platform reduces processing time from weeks to days while maintaining rigorous risk standards and compliance requirements. What specific AI features does Tavant offer for HELOC lenders?Tavant provides AI-powered automated valuation models (AVMs), intelligent document extraction, risk-based pricing algorithms, and predictive analytics for HELOC portfolio management. These features enable lenders to offer competitive rates while
Enhance your Home-equity services? Check out our Touchless Lending®—”Home-Equity-in-a-Box”
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.
Crafting a Culture of Quality-Driven Development
The world of software development is often weighed down by one metric: defects. Our obsessions are bug fixes, crash corrections, and error reduction. While this emphasis on technical issues is understandable, it gives a false impression of the quality of the software. Usability, maintainability, scalability, security, and user satisfaction are all components of true quality, which goes well beyond the mere absence of bugs. The quest for quality in the dynamic field of software development extends well beyond eliminating defects. Establishing a culture that prioritizes quality, continual improvement, and a commitment to delivering products that not only fulfill but also surpass expectations is key. If we’re going to build truly unique software, we need to change our thinking. This does not mean completely ignoring bugs but placing them within a broader context of quality attributes. So, how do we escape this trap and build a culture where quality is not just an aspiration but a core value? Here are some fundamental principles of a quality-driven development culture: Shifting Mindsets: From Testing to Quality Assurance: Testing is an essential part of ensuring a product’s quality, but a quality-driven culture goes beyond simply identifying and resolving bugs. It demands a shift in mindset from mere testing to comprehensive quality assurance. This change entails taking preventative steps like code reviews, design inspections, open communication around potential issues, prioritizing refactoring, and recognizing accomplishments in quality alongside product launches. Embracing Continuous Improvement: Continuous improvement is essential to a quality-driven development culture. View defects not as failures but as opportunities to learn and improve. Analyze their root causes, implement preventative measures, and communicate the team’s lessons learned. Motivate your team to embrace an attitude of continuous improvement and learning. Frequent feedback loops, retrospectives, and the integration of lessons from past projects create an environment that develops and changes with every development cycle. Metrics Beyond Bugs: While tracking and fixing bugs is crucial to maintaining software quality, it doesn’t provide a complete picture of a project’s success or health. Use insightful measurements that go beyond the conventional defect count. Measure things like user satisfaction, code coverage, and performance benchmarks. These indicators give you a comprehensive picture of your product’s caliber and can point your team toward areas that need work and development. Investing in the Professional Development of Team Members: A culture that prioritizes quality understands the value of supporting team members’ professional growth. Encourage certifications, workshops, and training courses that improve their abilities. By investing in training, team members remain updated with evolving technologies and learn better ways of doing things. This could lead to greater productivity and creativity. Shared Ownership: Testers and QA teams aren’t the only ones accountable for quality. Everyone engaged in the development process—from developers and designers to executives and product managers—has a shared responsibility for it. Encourage open lines of communication between the development team, stakeholders, and other departments. Promote cross-functional collaboration to ensure that everyone is on the same page with the overall objective of producing a high-quality product. Automation is Key: Use automation to expedite monotonous work so your team can concentrate on more intricate, high-value jobs. In addition to lowering the risk of errors, automated testing, continuous integration, and deployment pipelines also make development processes more dependable and efficient while freeing up human resources for more strategically important tasks. Conclusion In summary, creating a quality-driven development culture involves more than just focusing on defects; it also entails adopting a holistic approach to excellence, which calls for dedication, teamwork, and readiness to continuously learn and adapt. Your team will be able to constantly surpass the expectations of your stakeholders and users by cultivating this culture. The benefits of quality-driven development are well worth the continued journey. Let’s move beyond defects and create software that surpasses users’ expectations and stands the test of time.
Unlocking Home Equity: A Strategic Move for 2024
As we make strides into 2024, American homeowners find themselves amidst an intriguing landscape of financial opportunities, particularly concerning the utilization of home equity. The past year witnessed a surge in the popularity of Home Equity Lines of Credit (HELOCs), a trend poised to continue into the current year. But why the HELOC frenzy, and what makes 2024 an opportune moment for homeowners to tap into their home equity? Market Dynamics and Demand Surge In understanding the HELOC boom, we must dissect the current market dynamics. Rising interest rates coupled with a dwindling housing inventory have created a scenario where homeowners are opting to stay put, resulting in a substantial accumulation of home equity. However, this accumulation often contrasts with a lack of liquid savings, leaving homeowners in a peculiar position. Enter the HELOC, a financial instrument tailor-made for such circumstances. Flexibility and Favorable Rates HELOCs offer homeowners a flexible credit line, enabling them to access the equity in their homes without altering the interest rate on their primary mortgage. This flexibility is particularly attractive in a landscape where there are hopeful expectations for interest rates to decline. Variable-rate HELOCs with enticing introductory rates present a compelling proposition, aligning with the anticipated trajectory of interest rates in 2024. The competitive marketplace has ushered in a wave of consumer-centric benefits, including lower origination fees, special terms and improved rates. This increased competition empowers consumers to shop for the most favorable options tailored to their financial needs. Navigating Through Friction: The Role of Technology However, amidst the allure of HELOCs, challenges persist, notably in the application and approval process. The traditional timeline of two to six weeks for approval often falls short of meeting the immediate needs of borrowers. This discrepancy underscores the imperative for a streamlined and efficient process, one that addresses consumer expectations of ease, clarity and speed. In response to this demand, innovative solutions have emerged to bridge the gap between consumer expectations and industry capabilities. Advanced technologies, including AI-driven platforms, have played a pivotal role in streamlining the HELOC experience, offering consumers a smoother journey from application to approval. These solutions have significantly reduced the time and complexity traditionally associated with underwriting processes. HELOC vs. Alternatives: A Comparative Advantage When evaluating the merits of HELOCs against alternative financial instruments, several key advantages emerge. Compared to home equity loans, HELOCs offer unparalleled speed of origination and availability, aligning with the urgency often associated with financial needs. Additionally, the variable rates characteristic of HELOCs, especially in the context of projected rate drops, provide homeowners with a strategic advantage in managing their borrowing costs. In contrast to credit cards, HELOCs offer lower interest rates and structured repayment periods, ensuring greater financial stability and long-term planning. Furthermore, the potential tax deductibility of HELOC interest payments further enhances its appeal, setting it apart as a financially astute choice for homeowners. As we navigate the financial landscape of 2024, the strategic utilization of home equity emerges as a compelling option for American homeowners. HELOCs, with their flexibility, competitive rates and technological advancements, stand as a beacon of opportunity amidst a sea of financial choices. By tapping into their home equity intelligently, homeowners can unlock a world of possibilities, realizing their financial aspirations while safeguarding their most valuable asset—their home. (*Article was originally published on MBA Newslink) FAQs – Tavant Solutions How does Tavant help lenders unlock home equity opportunities in 2024?Tavant provides specialized home equity lending platforms with automated valuation models, streamlined application processes, and flexible product offerings. Their technology enables lenders to quickly assess property values, evaluate borrower equity positions, and capitalize on the growing home equity market with efficient, competitive HELOC and home equity loan products. What strategic advantages does Tavant offer for home equity lending in 2024?Tavant offers real-time market data integration, predictive analytics for risk assessment, automated compliance management, and personalized customer experiences. Their platform helps lenders expand market share, improve approval rates, and provide competitive home equity solutions that meet diverse borrower needs in the current market environment. Why is 2024 a strategic year for home equity lending?2024 is strategic for home equity lending due to accumulated home value appreciation, elevated interest rate environment making home equity attractive compared to other credit options, increased homeowner equity positions, and growing consumer awareness of home equity as a financing tool for various needs. What home equity opportunities exist in 2024?Key opportunities include debt consolidation for high-interest credit, home improvement financing, education funding, investment capital, emergency funds, and business startup funding. Rising home values have created significant equity that homeowners can access for various financial goals. How can lenders capitalize on the home equity market in 2024?Lenders can capitalize through competitive product offerings, streamlined application processes, marketing focused on equity awareness, technology that enables fast approvals, flexible repayment terms, and educational content that helps borrowers understand home equity benefits and uses.
Tavant’s AI-powered Salesforce® Solutions
Maximizing the Impact of Test Automation
As we are all aware, software permeates various aspects of our lives, from mobile apps to business-essential systems. As software becomes more complicated, reliability and quality become harder to assure. Test automation proves particularly valuable when this occurs. Time has witnessed the evolution of test automation into an integral aspect of software development, resulting in improved efficiency and cost-effectiveness. Enhancing effectiveness, precision, and feedback cycles through automation, we can achieve higher quality. Common Pitfalls in Test Automation By leveraging test automation, software quality and test execution speed can be significantly improved. Insufficient execution and management of test automation hinder many organizations, resulting in subpar results. ROI’s effectiveness is often threatened by difficulties in ensuring long-term success and precise ROI calculation. The article offers practical guidance on leveraging test automation to generate the greatest possible impact. Effective Test Automation Implementation and Management: To maximize the impact of test automation, a comprehensive approach that includes many areas of testing, development, and collaboration is required. The success of automation testing depends on implementing and managing test automation effectively. Here is a detailed way to achieve this goal: Define Clear Objectives: With the right strategies in place, test automation can yield substantial results. Starting with the goals, detail your test automation objectives. With a clear understanding of the desired outcomes, tailor your automation testing strategy to align with your goals. Choose the Right Tool/Framework: Selecting the appropriate tools and frameworks is necessary. A dependable, adaptable, and user-friendly tool should be chosen by considering tech stack, project requirements, and team proficiency. In the grand scheme of things, this will be a time and effort conserving solution. Solid testing approach: By concentrating on the most important tests, test automation can be accomplished efficiently. Automation’s applicability is limited to certain tests. By focusing on these tests, you can optimize the value and scope they offer. Group tests according to their significance, risk, and execution frequency. Testing should start with the most critical areas to achieve prompt results. Prioritization becomes more manageable when focusing on essential aspects. Maintainable Test Scripts: Create test scripts that are modular, efficient, and maintainable, ensuring scalability. Implement design patterns like Page Object Model (POM), use data-driven testing, and keyword-driven testing, maintain a clear structure, apply coding standards, ensure proper documentation, and leverage best practices for creating reliable automated tests. By combining these methods, one can create well-organized and well-documented automated tests, highlighting the advantages of industry standards. Test Data Management: Consistent test results are achieved by expertly managing test data, allowing for reliable conclusions. By incorporating automated data setup and cleanup, you can improve your testing process. Continuous Integration and Continuous Delivery (CI/CD): Implementing test automation in your CI/CD pipeline enables tests to be triggered by code commits, resulting in early issue detection, quick feedback on changes, and prevention of defects in production. Test Environment Management: Emulate the production environment in test environments for optimal results. resemble those in production. By doing this, automation results appropriately mirror real-world situations. Continuous Learning and Training: Offer testing team training and skill enhancement opportunities. Verify that they possess the necessary skills to construct, maintain, and execute automated tests. Stay current on the latest automation methods, instruments, and technology. Investing in training yields returns in the form of improved team skills and industry awareness. Reporting and Monitoring: Create thorough reports that detail test outcomes, coverage data, and defect patterns. Visualizing testing progress, dashboards play a crucial role. By leveraging detailed reporting and analytics, you can monitor the performance of automation and uncover patterns. Get buy-in from stakeholders and Feedback Loop: Early stakeholder involvement is crucial. By involving all individuals from the onset, a unified vision can be fostered. Ensure optimal impact, gather stakeholder feedback, monitor automation efficiency, and adjust iteratively. Conducting reviews and retrospectives at regular intervals helps determine the effectiveness of your test automation. Identifying areas for improvement is crucial to adjusting your strategy. Summary In conclusion, we discussed the pros and cons of test automation and how to overcome any difficulties. In addition, we provide guidance on improving test automation, including selecting the appropriate tools and frameworks, developing a thorough testing approach, and involving key stakeholders early in the process. Effective test automation management is essential for success. Setting clear goals, monitoring progress, and continuously improving the process will ensure that your organization capitalize on the full potential of test automation. By acting and implementing these best practices in your own organizations, your organization can experience enhanced efficiency, accuracy, and faster feedback loops.
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.
Empowering DevOps Testing: The Strategic Evolution of Quality Assurance
Incorporating software testing into the DevOps paradigm can immensely affect project results. The main idea behind DevOps is that it promotes cooperation between different departments and helps to unify diverse teams. Teamwork is crucial in a DevOps approach. It fosters closer collaboration between the testers, developers, and operations staff in which they eliminate age-old walls that existed previously. This all-encompassing integrated approach not only addresses the voids across different teams but also provides quality, tested software with consistent quality to customers all the time to match the customer’s needs/expectations. Here are some of the critical benefits of empowering software testers in DevOps: Faster Delivery: DevOps focuses on CI/CD as a process of building, testing, and releasing software in much smaller increments than those used in traditional development approaches. CI/CD requires automation. It is crucial for there to be automated tests that skilled testers manage and execute. Automating the testing process will enable developers to detect potential errors early enough and rectify them at the initial stage rather than escalate them. In addition, it involves working hand in glove with developers to ascertain that the code is sufficiently and correctly tested during all stages of its development. For instance, testers can make the CI/CD process smooth through the automation of testing activities that reduce the time taken to release features to the user while at the same time ensuring the user gets timely quality updates. Continuous Feedback and Iterative Improvement: Incorporating testers’ feedback into the development process creates a dynamic analysis, adjustment, and refinement loop. This allows developers to resolve problems in these applications, optimize them by improving their quality, and make the interface more user-friendly. Therefore, every cycle offers an opportunity for implementing enhancement, leading to continuous improvement in the software. The iterative development process requires constant feedback from the testers. The resulting insights enable improvements in software quality and facilitate innovations to ensure that every iteration benefits from the successes and lessons of the previous iterations. The result is an iteratively improving software that is equipped to meet today’s demands and near-future challenges or openings. Increased Collaboration: DevOps is a transformational technique that breaks down the barriers within an organization as it involves easy flow of communication among varied teams. Empowering testers to participate in the whole development process encourages a culture that embraces shared ownership and accountability for developing high-quality software. Such alteration triggers team spirit that makes everyone involved, including developers, testers, and other stakeholders, feel responsible for the success of the whole product. Testers also bring a fresh take to design discussions, sprint planning, and retrospectives. They offer valuable input in which they share their expertise, which is essential for developing the overall software architecture and functionality. As such, it increases synergies, improving quality at large and developing products more suited to users’ expectations. Improved Quality: When testers are given the authority to uphold the quality standard, they become adept at spotting and reporting defects at the nascent stages of development. As a result of this empowerment, it is possible to build robust testing methodologies that thoroughly examine the software from various perspectives. The emphasis shifts towards complete test coverage that covers numerous situations and use cases. In effect, such as in the case of an empowered tester, the outcome is improved through quality software that satisfies and surpasses users’ expectations. Increased Customer Satisfaction: Enhanced software quality through empowered testers leads to timely bug fixes, immediate feature deliveries, and consequently higher customer satisfaction. Customers feel higher trust and satisfaction when they use a product without many problems and receive easy access to new functions. The efforts of such empowered testers directly influence this cycle of customer satisfaction, loyalty, and advocacy. They not only provide great user experiences, but they also establish an impressive brand impression. Together with prompt responses to bugs and the provision of innovative feature updates, they lay a solid basis for ensuring clients remain faithful to the brand and recommend it to others positively. Cultural Transformation: When testers are empowered, they are not confined to their role but are seen as essential contributors to the development process. This helps keep everyone in mind that every member’s input is necessary for producing a first-rate product, and the group makes this possible by involving them. There is thus this sense of shared duty in which everyone in the company works towards improving processes, seeking out choke points, and providing innovative thought for the benefit of all. In summary, empowering software testers in a DevOps environment creates a positive ripple effect. It accelerates the feedback loop, enhances software quality, and, most importantly, serves as a cornerstone for cultivating a DevOps culture within the organization. Empowered testers are critical enablers for successfully adopting and implementing DevOps principles and practices by supporting cooperation and an initiative-taking QA approach.
AI-Endgame: Practical Applications of Artificial Intelligence in Lending
Despite the advances in Artificial Intelligence, the adoption of AI in the mortgage industry is fairly low at the time of this paper’s publication. There are questions about how AI can successfully be applied in the lending industry for business gains and improved outcomes.
Mortgage Servicing Portal
Tavant’s Portal Solution enables mortgage servicing companies to provide borrowers with highly personalized and interactive services on the web.
Accelerate your business with Tavant’s web-based banking application
Tavant leveraged its experience in evangelizing and creating new channels to improve revenues and business processes for one of America’s most trusted lending institutions. Overarching Process and Revenue Improvement Through a Robust and Scalable Online Channel.
Consumer Lending
Partner with America’s most innovative mortgage technology company.
Adoption of AI & ML in Mortgage
AI-Endgame: Practical Applications of Artificial Intelligence in Lending.
Tavant FinLeads: Engage & Acquire Your Customers Quickly
FinLeads Salesforce® based customer engagement and acquisition platform.
Tavant Digital Experience Framework (DEX)
Tavant’s Digital Experience (DEX) Framework provides a digital analysis and benchmarking of your marketing acquisition, and execution capabilities.
FinXperience Banking Product
FinXperience Banking – Why not make it easy? Enter some information about yourself, provide proof you are who you say you are, and fund the account.
Tavant FinConnect
An enterprise service bus for the Financial Services industry and an intelligent lending data and services network that integrates with over 130 ecosystem partners
VΞLOX
AI-Powered Digital Lending Platform – digitally disrupting the lending industry with an immersive omnichannel experience and high velocity execution: from home discovery to loan funding.
Maximize efficiency and collaboration with Tavant’s AI-powered Salesforce® solutions
Download the brochure and Experience the transformative power of our expertise and elevate your business to new heights with Tavant’s Salesforce consulting practice.
Transform Testing with Intelligence: Tavant Fire 5.0 Driven by AI
AI is the future of test automation- Are you Ready? Quality engineering is changing in tandem with the ever-increasing cyber security concerns. Today’s quality engineering role must enable faster application, product, and service delivery and act as an enabler, not a barrier, to digital transformation. Download the Tavant Fire 5.0 brochure, which helps organizations engineer quality into their processes by incorporating a whole gamut of services, tools, and techniques to elevate the end-user experience. Download the Tavant Fire 5.0 brochure, which helps organizations engineer quality into their processes by incorporating a whole gamut of services, tools, and techniques to elevate the end-user experience.
Buy Now Pay Later: improve scale and reach of specialty BNPL lenders
BNPL is on an upward trend worldwide. Today’s installment payment options are digitized versions of traditional credit products, with value-added services layered on top to make shopping more convenient. Download the case study and learn how it can improve the scale and reach of specialty BNPL lenders. Download the case study and learn how Buy Now Pay Later can improve the scale and reach of specialty BNPL lenders.
Increase ROI and Maximize Efficiency with Tavant’s Touchless Lending®
Download the brochure and learn how to Increase ROI and Maximize Efficiency with Tavant’s Touchless Lending®
Tavant Encompass® CoE
Download the brochure and learn how Tavant’s Encompass CoE can reduce your IT costs and leverage skilled resources to consolidate and optimize Encompass business processes.
Tavant FinDecision – A Multi AUS and Underwriting Automation Platform
Download Tavant FinDecision Brochure and learn how a Multi AUS and Underwriting Automation Platform integrates with Encompass and provides mortgage lenders seamless AUS services and Middle Office automation.
Automate Mortgage Manufacturing with Touchless Lending™
Download Touchless Lending™ Brochure and know how an AI-powered platform takes your lending business to the next level with Straight-through Mortgage Processing and Automated Underwriting.
How to Achieve Touchless Lending™ for the Mortgage Industry
Touchless Lending™ has graduated from theoretical to actual for the mortgage industry Through this white paper learn how Touchless Lending™ will accelerate the loan manufacturing process.
Arc Home Launches Tavant’s Touchless Lending® Platform to Expand Wholesale Operations
SANTA CLARA, Calif., July 27, 2023 SANTA CLARA, Calif., July 27, 2023: Tavant, Silicon Valley’s leading digital lending solutions provider, today announced Arc Home LLC, a leading Non-QM and Non-Agency Wholesale and Correspondent lender, has successfully launched a new Broker platform: SPARC 2.0. Leveraging Tavant’s Touchless Lending® Broker Experience platform, Arc Home now provides a fully automated, frictionless experience for its broker clients and the lending tools they need to be self-sufficient and effectively satisfy borrower expectations. “At Arc Home, we have aggressive plans to accelerate growth in our Wholesale Lending channel, and our partnership with Tavant to enhance our new broker platform has put us on the right trajectory towards accomplishing these goals,” said Nazim Ahmed, CIO of Arc Home. “Brokers require and deserve an excellent service experience and need partners that enable them to operate with speed and efficiency. Today’s brokers have a different mindset – they not only understand technology but also embrace and demand it, which translates to a better experience for both the broker and the borrower. Tavant is equally committed to our success, and we consider them an extension of our team. Together, we have taken great strides to advance our digital lending capabilities, enabling brokers to operate quickly and efficiently while effectively managing their entire loan pipeline.” Arc Home provides a full assortment of proprietary Non-QM and Non-Agency mortgage solutions and products, filling a market void where borrowers may not be able to obtain traditional agency loans. Arc Home partnered with Tavant to accelerate its digital transformation strategy and has successfully deployed Touchless Lending to supplement its SPARC 2.0 broker portal. This enables Arc Home to provide a fully automated lending process, including integrated third-party services and data-driven processes to ensure a more intuitive experience for brokers, boosting productivity and reducing loan cycle times. “Our goal is to enable organizations, like Arc Home, to thrive in the wholesale business,” said Hassan Rashid, Chief Revenue Officer at Tavant. “Our Touchless Lending platform alleviates several broker-specific challenges and improves its overall borrower experience, enabling Arc Home to continue its rapid expansion while helping brokers reduce turnaround times for closing loans. As a leading Fintech software and solutions provider for over 23 years, Tavant proactively anticipates customer needs and adjusts accordingly to provide the right configurable solutions. Tavant’s Touchless Lending® product suite, which now includes experiences not just for home buyers, brokers, and loan officers but also for underwriters, realtors, servicers, and more, 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 home loans in the United States. Find Tavant on LinkedIn and Twitter. About Arc Home LLC Founded in 2015, Arc Home is a leading Non-QM and Non-Agency TPO lender with a mission to provide its customers with a comprehensive array of mortgage solutions with an emphasis on specialty products. Placing customer service and satisfaction as our number one priority, our mission is to make the mortgage lending experience as seamless and stress-free as possible. We are committed to delivering on that promise every day. Learn more at: https://wholesale.archomellc.com/ Arc Home LLC – NMLS #81386 (www.nmlsconsumeraccess.org)
Tavant Announces the Launch of a New Product to its AI-powered Touchless Lending® Platform
SANTA CLARA, Calif., April 25, 2023 SANTA CLARA, Calif., April 25, 2023 – Tavant, Silicon Valley’s leading digital lending solutions provider, today announced the launch of a highly anticipated new product, Asset Analysis, to Touchless Lending®, their AI-powered digital lending platform. With this addition, Touchless Lending will further solidify itself as the most comprehensive automated underwriting solution available to mortgage lenders by providing coverage over all four major underwriting components, including Income, Credit, Collateral, and soon Asset Analysis. Touchless Lending Asset Analysis is in the near-final stages of production and will be available in-market by the end of June 2023. “This upcoming launch of Touchless Lending Asset Analysis will perfectly complement our currently available underwriting products – Document, Income, Credit, Collateral, and Decision Analysis – and put Tavant one step closer to achieving our goal of enabling straight-through processing and fully automated underwriting for mortgage providers,” said Mohammad Rashid, Head of Fintech Innovation at Tavant. “Our current Touchless Lending products reduce the cost to process and underwrite by $1000 per loan and achieve a scale of double-digit underwrites per day per underwriter. With Asset Analysis fitting in as the final piece, Touchless Lending will be capable of having even more of an impact on reducing cycle times and origination costs for lenders.” Asset Analysis automates an underwriter’s labor-intensive process of reviewing assets and multiple bank statements, allowing them to accurately ensure that the borrower’s assets are responsibly sourced and quickly determine the likelihood that the borrower will have sufficient funds to cover down payments, closing costs, and reserves for the mortgage transaction. Asset Analysis checks for relevant loan details and document acceptability to identify and condition for large deposits or deposits from sources that are inconsistent with the loan application. Furthermore, AI and ML models are integrated into Asset Analysis to automatically review bank statement withdrawal transactions to detect, identify, and condition for anomalies, undisclosed financial transactions, or any recurring payments in the statements. “Touchless Lending Asset Analysis will identify, calculate, then determine borrower eligibility and derive qualified income across bank statements based on the investor or program-specific requirements,” said Hemanthkumar Jambulingam, Director of Fintech Product Management at Tavant. Touchless Lending provides straight-through mortgage processing and automated underwriting as part of the end-to-end mortgage manufacturing pipeline. Loan officers, processors, and underwriters utilize Touchless Lending’s machine-oriented, optimized workflows to engage with borrower and property data to make better decisions faster instead of relying on physical documentation and manual data entry. This one-of-a-kind solution automates the loan production process, allowing lenders to originate mortgages quicker while reducing costs and repurchasing risks. Touchless Lending also effortlessly integrates with existing systems, including client CRM, POS, and LOS. “Tavant offers the flexibility for lenders to determine whether they want to benefit from the whole Touchless Lending automation suite or instead choose one or a few analyses independently of the others,” continued Rashid. “Even if using all that Touchless Lending has to offer is guaranteed to generate higher productivity and efficiency than using only a portion of the platform, we understand that every lender is unique, and at Tavant, we are here to help you identify the optimal path to accommodate your specific needs.” As a leading Fintech software and solutions provider for over 20 years, Tavant proactively anticipates customer needs and adjusts accordingly to provide the right configurable solutions. Tavant’s Touchless Lending® product suite, which now includes experiences not just for underwriters and processors but also for home buyers, loan officers, brokers, realtors, and more, 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 home loans in the United States. Find Tavant on LinkedIn and Twitter.
Tavant and PropMix partner to automate loan processing and underwriting using Appraisal Digitization
NEW YORK, NY / April 4, 2023 PropMix’s Appraisal Digitization now powers Tavant’s Touchless Lending® platform NEW YORK, NY / April 4, 2023 / – Tavant, a leading provider of AI-powered digital lending solutions for the consumer lending industry, today announced expanded functionality within its Touchless Lending® platform through a new partnership with PropMix, a fast-growing real estate valuation, decision support, and automation platform. As part of the partnership, PropMix’s Appraisal Digitization capabilities to convert residential appraisal PDF documents into standard MISMO XML is integrated into Touchless Lending using PropMix’s APIs. Tavant’s customers can now seamlessly process first-or second-generation (scanned) appraisal PDFs with no manual interventions. The result is an automated loan production process that lets correspondent buyers and sellers and wholesale lenders process mortgages faster with reduced costs. Tavant’s Document Analysis product within the Touchless Lending platform completely transforms the document-intensive mortgage origination process by automating recognition, classification, indexing, splitting, extracting loan data, and eventually, contextualizing this data for algorithmic processing and associating it with the borrowers on the loan. “PropMix’s Appraisal Digitization platform has helped us accelerate our product offering with a simple API interface to the complex process of extracting reliable data from appraisal PDFs,” said Mohammad Rashid, Head of Fintech Innovation at Tavant. “This partnership helps Tavant vastly improve (and for some cohort of loans, remove) the underwriters’ loan review process within the Touchless Lending loan manufacturing pipeline.” Appraisal Digitization from PropMix combines image processing, deep learning, OCR, and real estate valuation knowledge to deliver an accurate and consistent service to transform PDFs of various quality levels and different standard appraisal forms such as single-family, condo, or multi-family appraisals. “We are excited to work with Tavant to power their digital lending solutions for the industry,” said Daniel Mancino, EVP at PropMix. “Digitizing and extracting data from appraisal documents is an integral part of our appraisal modernization strategy.” PropMix specializes in implementing AI and machine learning models for extracting data from unstructured sources such as documents and images and integrating such data with its comprehensive housing market and public property data to deliver business solutions for mortgage, valuation, and real estate sectors. Find Tavant on LinkedIn and Twitter. About PropMix.io PropMix.io LLC is a real estate data, insights, and solutions company with deep experience in commercializing Artificial Intelligence. PropMix’s platform and solutions are widely used by mortgage lenders, appraisers, realtors, and investors. Built on industry open standards and with an intuitive user experience, PropMix’s solutions for the appraiser and lender market empower users to seamlessly engage with data and insights to understand collateral risk, assess appraisal complexity, and make valuation decisions. PropMix was founded in 2016 and is headquartered in New York. http://www.propmix.io Media Contact: Adrie Morales [email protected] 678-781-7227 PropMix Media Contact: Sakeer Hassan PropMix.io LLC [email protected]
Newfi Lending Partners with Tavant, Integrates with Touchless Lending® Document Analysis
SANTA CLARA, Calif., Feb. 15, 2022 SANTA CLARA, Calif., Feb. 15, 2022 – Tavant, a Silicon Valley-based provider of industry-leading digital lending solutions, and Newfi Lending, a technology-focused multi-channel mortgage lender, today announced the successful integration of Newfi’s digital mortgage experience with Touchless Lending® Document Analysis. This partnership marks Tavant’s official expansion into Non-QM Lending and a significant step in the evolution of Newfi’s business and advancement in the mortgage industry. “We have only recently started with Tavant’s Touchless Documents, yet we already see returns in both labor effectiveness and data accuracy. Documents are just the first step for us, and we can’t wait to get started with Credit and Collateral in the near future,” said Amit Pall, SVP at Newfi Lending. “We have identified that our current implementation of Touchless Documents has realized an estimated 70% reduction in processing time and significantly reduced our dependency on FTEs and manual processes.” Document 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. Document Analysis completely transforms document processing by instantly recognizing documents, optimizing document-related workflows, and accurately automating document classification, indexing, splitting, categorization, pairing with borrowers, and data extraction. Leveraging Touchless Documents will provide Newfi with a more streamlined and seamless experience for all involved stakeholders. Tavant’s partnership with Newfi to integrate Touchless Documents into their digital mortgage experience will feature machine-oriented classification, as well as handle Exception Processing for documents with low confidence rates, allowing for fully end-to-end document processing. Furthermore, documents processed through are sourced from Newfi’s Broker Portal (BLU), which is also integrated with Touchless Lending, specifically the platform’s Origination Experience designed for brokers and TPO partners. “All in all, Tavant has taken care of Newfi’s broker interface, broker feature functionality, and broker uploads of documents, which are then routed to Document Analysis, where we are doing the machine-oriented classification,” said Mohammad Rashid, Head of Fintech Innovation at Tavant. “At our current stage, Touchless Lending is classifying and processing all documents for Newfi’s loans, which include over 358 different types of documents, with over 88,000 pages processed every month. We are reducing the number of people in the loop and the need for manual reviews, and we are doing it end-to-end. Newfi has fully deployed Tavant’s Document Analysis solution into production. This is the first step in Newfi’s integration with Touchless Lending, which will feature implementations of the platform’s Credit Analysis and Collateral Analysis automation in early 2023. 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. Find Tavant on LinkedIn and Twitter. About Newfi Lending Newfi is a multi-channel lender that is setting the standard for efficiency, transparency, and service in the mortgage marketplace. Founded by industry veterans, Newfi is committed to innovation in lending products for both consumers and mortgage brokers under the Newfi Lending brand. To learn more about Newfi Wholesale and explore rates, visit www.newfiwholesale.com.
Tavant Expands Transformative Data & AI Analytics Services to the Healthtech Industry
SANTA CLARA, Calif., Jan. 31, 2023 SANTA CLARA, Calif., Jan. 31, 2023 – Tavant, a Silicon Valley-based data and analytics solutions provider, today announced that it has expanded into the Healthtech industry, offering a diverse portfolio of innovative technology solutions to improve productivity for health organizations and improve health outcomes for the general public. Tavant’s strategy is to continue to capture the many attractive opportunities available in today’s growing health technology (Healthtech) market. Tavant has partnered with a leading digital health organization to establish an infrastructure and data operations platform, restructure their web portal and prescription purchase workflow, enable geographic customization of medication details, and develop a telehealth portal. The healthcare partner was able to automate and stabilize its deployment process, resulting in a 70% reduction in testing timeframes, a 90% improvement in defect detection, and dynamic price monitoring and revenue optimization. “Healthtech is the fastest growing vertical within the healthcare sector. Digital transformation can help healthcare businesses work through that complexity and efficiently turn dollars spent into extending and saving lives,” said Sarvesh Mahesh, Founder and CEO at Tavant. Our highly customized, disruption-proof services improve performance and save costs. Tavant helps businesses become data-driven enterprises to enhance customer centricity and bring cutting-edge solutions to the market faster for their patients. Due to the current economic conditions, healthcare organizations are often required to choose between patient satisfaction and cost optimization. Tavant proposes rethinking healthcare goals with data and AI analytics solutions that break down organizational silos, promote business agility, cut costs, and improve operational efficiency. Tavant’s analytics-based solutions drive better health outcomes for people and greater productivity for care providers without compromising core principles. “Healthcare organizations have ambitious goals, and we’ve expanded our capabilities to help them compete and grow through increased efficiency and better patient and workforce experiences,” stated Vikas Khosla, CRO and Head of Healthtech at Tavant. “The result is faster, improved, and lower cost of services. From streaming enormous amounts of data to collecting and storing data at scale to processing and maintaining different states of data, to efficiently serving complex data models and giving analytical and visual products to the company, there is a solution for everyone. We’ve done it all and more.” Find Tavant on LinkedIn and Twitter.
Revolution Mortgage Selects Tavant to Transform its Digital Experience with Touchless Lending®
SANTA CLARA, Calif., Jan. 19, 2023 SANTA CLARA, Calif., Jan. 19, 2023 – Tavant, a Silicon Valley-based provider of industry-leading digital lending solutions for over 20 years, and Revolution Mortgage, a nationwide residential mortgage lender, today announced they have partnered to integrate Revolution’s digital mortgage experience with Tavant’s Touchless Lending® platform. This partnership will feature an end-to-end implementation of Touchless Lending Automation, starting with Decision Analysis, followed by Document, Credit, and Collateral Analyses in early 2023. “As we get closer and closer to launch, it is clear to us that Decision Analysis is more than just a tool for underwriters and quality control. We see Touchless Lending as a way to get to market faster with a competitive advantage and work efficiently in the market as conditions fluctuate,” said Tony Grothouse, CEO at Revolution Mortgage. “We have aggressive growth plans for Revolution for 2023, and this technology is exactly the type of infrastructure and efficiency we need in place to expand and deliver quality assets into the secondary market.” Touchless Lending Decision Analysis will allow Revolution Mortgage to automate and streamline its underwriting and application processes, thereby improving the lender’s overall borrower experience. This intuitive product allows lenders to optimize loan origination and processing by reviewing Multi-AUS (Automated Underwriting Systems) responses and comparing them with loan-specific data and Investor guidelines to generate multiple options to improve operational efficiency, including optimizing costs and decreasing processing times, among other potential avenues. Decision Analysis can integrate with any lender ecosystem and delivers a frictionless origination experience in the mortgage underwriting process for Borrowers, Loan Officers, Underwriters, and Capital Market teams. “Lending transactions, especially in the residential mortgage space, don’t just take place between borrowers and lenders. Rather, there are several other parties in the mix,” said Mohammad Rashid, Head of Fintech Innovation at Tavant. “Therefore, more than simply having one source of truth – one lending interface for both the lender and borrower – is needed to make any digital lending platform out there in the market its true-to-word digitized and automatized self. We are confident that Touchless Lending is that truth and investing in the whole platform will render the most optimal results, and once we finish deploying Document, Credit, and Collateral for Revolution Mortgage, our partnership will prove just that.” As of today, Revolution Mortgage has fully deployed Tavant’s Decision Analysis solution into production. This is the first step in the nationwide residential mortgage lender’s integration with Touchless Lending, which will feature implementations of the platform’s Document Analysis, Credit Analysis, and Collateral Analysis automations starting in early 2023. 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® product suite, which now includes Credit and Collateral Analysis, maximizes data-driven decision-making to solve even the most complex lender and borrower challenges. Find Tavant on LinkedIn and Twitter. About Revolution Mortgage Revolution Mortgage is a nationwide lender that offers lower rates and payments for refinancing and home purchase loans. We leverage technology to boost efficiencies in the loan process to give you a lower rate, faster closing, and a brand experience that’s ridiculously amazing. Founded in Columbus, Ohio, we have brick-and-mortar offices nationwide, and a digital lending platform with a seamless online lending experience. We offer a range of loans customized to fit a variety of needs.
Tavant Launches Two Additional Products to its AI-Powered Touchless Lending Platform
SANTA CLARA, Calif. & NASHVILLE, Tenn., October 25, 2022 SANTA CLARA, Calif. & NASHVILLE, Tenn., October 25, 2022 – Tavant, Silicon Valley’s leading digital lending solutions provider, today announced at the MBA Annual in Nashville the launch of two highly anticipated new products to Touchless LendingTM, their widely-used digital lending platform and signature Fintech product brand. With these additions, Tavant further solidifies its status as the industry’s preferred mortgage automation partner by diversifying its AI-powered Lending-as-a-Service platform to include both Credit Analysis and Collateral Analysis – two separate product offerings newly available as part of Touchless Lending’s suite of products. This expansion marks a significant milestone for Tavant as the organization makes steps towards unifying all of its Fintech products under one overarching product brand, Touchless Lending, which now includes experiences not just for underwriters and processors but also for home buyers, loan officers, brokers, realtors, and more. Touchless Lending™️ provides straight-through mortgage processing and automated underwriting as part of the end-to-end mortgage manufacturing pipeline. Loan officers, processors, and underwriters utilize Touchless Lending’s machine-oriented, optimized workflows to engage with borrower and property data to make better decisions faster instead of relying on physical documentation and manual data entry. This one-of-a-kind solution automates the loan production process, allowing lenders to originate mortgages quicker while reducing costs and repurchasing risks. Touchless Lending also effortlessly integrates with existing systems, including client CRM, POS, and LOS. “With the launch of Credit and Collateral Analysis, which seamlessly complement our currently available products – Document, Income, Multi-Investor, and Decision Analysis – Tavant can achieve their goal of straight-through processing and fully automated underwriting sooner than expected,” said Mohammad Rashid, Head of Fintech Innovation at Tavant. “We pragmatically reduce the cost to process and underwrite by approximately $1000 per loan and achieve a scale of double-digit underwrites per day per underwriter. In addition, the flexibility to deploy any one of these products independently of the others, or deploy in a cohesive package for underwriting, significantly increases the platform’s ease of adoption.” Credit Analysis, now part of Touchless Lending, is a machine-based approach to underwriting the credit component of a mortgage application, which automates the review of credit reports for all borrowers on the application for a home loan. These reports include the following features: a review of (1) debts, liabilities, and credit utilization, (2) public records to identify issues pertaining to bankruptcy, foreclosure, judgment, liens, and fraud, (3) applicant personal data against the credit report for verification purposes, and lastly, (4) investor and lender-specific guidelines (both agency and non-QM), which automatically raises conditions as needed and subsequently reevaluates the primary loan ratios. Touchless Lending Credit Analysis can be performed in seconds, thereby alleviating time for underwriters to focus on other tasks and significantly reducing the overall cost and time required to underwrite and process a loan. Collateral Analysis, the second new addition to Tavant’s Touchless Lending platform, automates an underwriter’s manual, labor-intensive appraisal review process, allowing them to focus their attention on other pressing issues that require action. These features include the following: (1) GSE and private investor guideline checks, (2) validating appraisal information across the loan file, including title, sales contract, flood, homeowners’ insurance policies, etc., (3) home images and appraiser comment analysis using various AI/ML techniques, and (4) FEMA, USPS, and Flood Zone authentication. Eliminating manual review and data entry while identifying and escalating issues automatically allows for more accurate and faster decisioning and closing. Touchless Lending Collateral Analysis benefits every mortgage channel of business and goes far beyond industry standard appraisal review tools available today. 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 LendingTM product suite, which now includes Credit and Collateral Analysis, 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. Find Tavant on LinkedIn and Twitter.
Tavant Announces Integration with Experian to Drive Mortgage Application Efficiency with Enhanced Instant Form Fill
SANTA CLARA, Calif., Oct. 20, 2022 SANTA CLARA, Calif., Oct. 20, 2022 – Tavant, a Silicon Valley-based provider of industry-leading digital lending solutions, and Experian, the world’s leading global information services company, are working together to minimize friction in the mortgage application process and improve the borrower’s loan application experience. By integrating Experian’s Enhanced Instant Form Fill for Mortgage with FinXperience and FinConnect, components of Tavant’s VΞLOX digital lending platform, lenders, with a consumer‘s permission, can automate data entry and prefill borrower information on the Uniform Residential Loan Application (URLA) – providing a more simple and seamless experience for borrowers and loan officers. Experian’s Enhanced Instant Form Fill empowers borrowers to permission access to their personal data, which is automatically added to their mortgage application. With increased automation, lenders can drive efficiency, reduce friction, and grow their business. Enhanced Instant Form Fill also leverages Experian’s fraud and identity solutions, Precise ID® and FraudNet, to authenticate borrowers and protect their information throughout the experience. “We’re excited to integrate with Tavant to help lenders streamline their mortgage application process,” said Susan Allen, Head of Product at Experian Mortgage. “By reducing manual data entry, lenders can modernize their borrower experience, increase pull-through and conversion rates, and improve data accuracy.” FinXperience, Tavant’s intuitive platform of point-of-sale experiences, and FinConnect, their intelligent lending data and enterprise mortgage services integration hub, are VΞLOX products and implementable across all lending channels, including retail, wholesale, and others. These integrations will allow lenders to increase automation, reduce manual data entry, and provide their borrowers with more elegant and comfortable user journeys. This will decrease their time to completion and improve the overall application conversion rate. “We at Tavant are committed to improving the consumer experience, and it is more important now than ever before for lenders to find ways to differentiate their offerings and drive efficiency,” said Sarvesh Mahesh, CEO of Tavant. “Tavant is the right partner to eliminate inefficient, highly manual, and extremely costly procedures, and start focusing on creating a frictionless customer journey and increasing application completion.” VΞLOX is an AI-powered digital lending product suite that delivers best-in-class lender and borrower experiences. It utilizes automation and straight-through processing to configure immersive lending journeys 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. Find Tavant on LinkedIn and Twitter About Experian Experian is the world’s leading global information services company. During life’s big moments – from buying a home or a car, to sending a child to college, to growing a business by connecting with new customers – we empower consumers and our clients to manage their data with confidence. We help individuals to take financial control and access financial services, businesses to make smarter decisions and thrive, lenders to lend more responsibly, and organizations to prevent identity fraud and crime. We have 20,600 people operating across 43 countries and every day we’re investing in new technologies, talented people, and innovation to help all our clients maximize every opportunity. We are listed on the London Stock Exchange (EXPN) and are a constituent of the FTSE 100 Index. Learn more at www.experianplc.com or visit our global content hub at our global news blog for the latest news and insights from the Group. Experian and the Experian trademarks used herein are trademarks or registered trademarks of Experian. Other product or company names mentioned herein are the property of their respective owners.
Tavant Ranks on the IDC FinTech Top 100 for the fourth consecutive year
SANTA CLARA, Calif., Sept. 13, 2022 SANTA CLARA, Calif., Sept. 13, 2022 – Tavant – Tavant, a Silicon Valley-based provider of industry-leading digital lending technologies, announced today that it has been named to the 2022 IDC FinTech Rankings, the financial industry’s most comprehensive vendor ranking, for the fourth year in a row. The IDC FinTech 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 in a Fortune 500-style ranking. These providers supply the technological backbone of the financial services industry, an industry in which IDC Financial Insights forecasts worldwide spending on IT across the globe to reach 590 billion dollars by 2025. These rankings are an important measure of the health and direction of technology in the industry and the emergence of innovative solutions from new players. Additionally, the IDC FinTech Rankings serve as a critical tool for financial institutions and companies to use during strategic planning and to review when considering new investments in third-party solutions. 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 vendors featured on the IDC FinTech Rankings represent those providers committed to helping financial institutions successfully execute their digital transformation initiatives for the betterment of their customers around the world. Hassan Rashid, CRO, Tavant, said, “At Tavant, we believe that our combination of deep industry knowledge and superior software and services are key enablers to driving innovation, and we are immensely proud to be recognized once again by IDC Financial Insights as a leading and trusted partner for our customers. This is the fourth year that Tavant has ranked on the prestigious IDC FinTech list, which reaffirms our strong commitment to serving the financial and mortgage industries using a data-driven approach to decision-making, cutting-edge technology, and unique expert insights to ensure our customers are equipped to compete and succeed in today’s rapidly evolving environment.” 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 VΞLOX product suite, which now includes Touchless LendingTM, maximizes data-driven decision-making to solve even the most complex lender and borrower challenges. Find Tavant on LinkedIn and Twitter. Media Contact: Adrie Morales [email protected] 678-781-7227 ……………
American Financial Resources, Inc. Expands Partnership with Tavant, Adds Touchless Documents
SANTA CLARA, Calif., Aug 30, 2022 SANTA CLARA, Calif., Aug 30, 2022 – Tavant, a Silicon Valley-based provider of industry-leading digital lending solutions, and American Financial Resources, Inc. (AFR), a national mortgage lender, operating in the wholesale, correspondent, and retail origination channels, have partnered to enhance the lender’s digital mortgage experience, end-to-end. Leveraging Tavant’s Touchless LendingTM, AFR’s correspondent lenders, mortgage brokers, loan originators, and consumers will now be able to automate the traditionally cumbersome lending process, providing a more streamlined and seamless experience for all stakeholders. Tavant’s Touchless Documents instantly recognizes documents, automating document classification, indexing, splitting, categorization/subcategorization, pairing with borrowers, and data extraction with the highest accuracy. Additionally, the Touchless Lending platform integrates seamlessly with existing lender systems, including CRMs, Point-of-Sales, LOS, and document management systems, to optimize document-related workflows, organize and process documents faster, and deposit the results of the document classification and data extraction back into the system of record. “With the launch of FinDecision being so successful, adding Tavant’s Touchless Documents into the mix seemed like the logical next step,” said Scott Dubnoff, Chief Technology Officer at American Financial Resources, Inc. “And we were right. Their implementation was a smooth and painless process. It took about six weeks to integrate Tavant’s product into our systems fully. After one month of running Touchless Docs with real data, we determined their document classification accuracy greatly surpassed our expectations. We have only just started with this technology yet are already seeing returns in both labor efficiency and data accuracy. We have only scratched the surface with document classification and plan to expand to data extraction next. This opens even more possibilities for automation as we look to expand usage of the product to other areas of our process.” Before deploying Touchless Documents, processing broker-submitted loan documents was time-consuming and labor-intensive, requiring the utilization of a pool of human resources and turnaround times that could potentially be overnight. After implementing Tavant’s Touchless Documents, what used to take hours now takes minutes. Brokers can get immediate feedback on their file uploads and provide direct input to their borrowers on requested document uploads. After only one month of usage, Touchless Docs has processed close to 500 loans and over 90k pages of loan documentation with a document classification success rate of approximately 92%. “AFR and Tavant have aligned missions to make homeownership more accessible for all and to provide several offerings that can support underserved communities in the housing market,” said Hassan Rashid, Chief Revenue Officer at Tavant. “While lenders have had to undergo lengthy processes in the past manually, Tavant now introduces a machine-oriented approach that successfully increases workflow up to 80% by automating and regulating the processes of loan application and disbursal.” 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. American Financial Resources 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 data-driven decision-making to solve even the most complex lender and borrower challenges. About American Financial Resources, Inc. American Financial Resources, Inc. (AFR) offers a comprehensive array of residential mortgage products to meet various financing needs. AFR is a leading FHA 203(k) lender for sponsored originations and an innovator in construction and renovation lending. AFR utilizes the latest technology and delivers educational resources to correspondent lenders, mortgage brokers, loan originators, and consumers. American Financial Resources, Inc. is an Equal Housing Lender and Equal Opportunity Employer. Lender NMLS 2826 at www.nmlsconsumeraccess.org. For more information, visit www.afrcorp.com. Find Tavant on LinkedIn and Twitter. Media Contact: Adrie Morales [email protected] 678-781-7227
Arc Home LLC Selects Tavant to Launch Advanced Wholesale & Correspondent Lending Platforms
SANTA CLARA, Calif., Aug 23, 2022 SANTA CLARA, Calif., Aug 23, 2022 – Tavant, a Silicon Valley-based provider of industry-leading digital lending solutions, today announced that Arc Home LLC (Arc Home), a full-service residential lender and servicer, operating in the wholesale, correspondent, and retail origination channels, has chosen Tavant to accelerate their digital transformation strategy. A national lender and leader providing a full array of mortgage solutions, Arc Home places customer experience as its priority, and part of that experience is dependent on efficient processes. Brokers and correspondent lenders demand and deserve an excellent service experience and need partners that offer a complete array of loan products to satisfy the needs of the full spectrum of borrowers they serve. Arc Home plans to expand its lending business using FinXperience, Tavant’s intuitive platform of point-of-sale experiences. FinXperience, a VΞLOX product, implementable across all lending channels, including retail, wholesale, and correspondent, will empower Arc Home’s customers with seamless digital lending experiences and the tools they need to be self-sufficient. “Given Tavant’s depth of features, speed to market, and deep mortgage industry experience, Arc Home found Tavant’s VΞLOX solution to be the superior option. Enhancing the Arc Home Portal further supports our commitment to growing market share in our broker and correspondent channels,” said Katherine Gardner, Chief Production Officer of Arc Home. “Tavant stood out because of FinXperience Broker’s track record in assisting mortgage lenders to succeed in the Third-Party Origination space. With Tavant, we aim to continue Arc Home’s tradition of providing innovative financial products in the residential lending market with superior customer service.” Unlike others, Arc Home has a unique position of having a wide array of proprietary Non-QM and Non-Agency products. The Arc Access Non-QM line of products allows Arc Home to better and more responsibly serve customers’ needs by filling a market void where borrowers cannot obtain traditional agency loans. “Tavant is assisting Arc Home LLC with FinXperience, a component of the VΞLOX suite, which will provide a seamless digital lending process with improved loan fulfillment efficiencies to its growing network of brokers,” said Hassan Rashid, Chief Revenue Officer at Tavant. “Our goal has been to help our clients create value for their customers and partners (and Third-Party Originators) and implement growth strategies. In the current market situation, we are helping ARC Home provide non-QM loan products to the market through their Third-Party Originators, which streamlines application intake and submission, digitizes the loan file that optimizes loan fulfillment, and eventually helps ARC Home improve conversion, cut down on cycle times, and improve on their loan margins. VΞLOX delivers best-in-class lender and borrower experiences, and Tavant will continue to accelerate loan manufacturing and improve loan quality for mortgage lenders like Arc Home.” In addition to FinXperience Broker, Tavant will also launch FinXperience Correspondent, both Delegated and Non-Delegated, at Arc Home. 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. Arc Home LLC 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 data-driven decision-making to solve even the most complex lender and borrower challenges. About Arc Home LLC Arc Home is a full-service lender and servicer whose mission is to provide customers with a comprehensive array of mortgage solutions with an emphasis on specialty products. Placing customer service and satisfaction as the number one priority, Arc Home provides a top-tier staff of knowledgeable and friendly team members who excel at providing efficient, successful loan services with competitive pricing. Learn more at: https://business.archomellc.com/ Find Tavant on LinkedIn and Twitter.
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
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 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.
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.
Tavant Partners with LogRocket to Expand Data & Analytics Capabilities of VΞLOX Lending Platform
SANTA CLARA, Calif., Dec. 9, 2021 SANTA CLARA, Calif., Dec. 9, 2021 –Tavant, a top Silicon Valley-based provider of digital lending technologies, today announced a strategic partnership with LogRocket, a data and analytics company based in Boston, to enhance consumer lending experiences for American homebuyers. Tavant’s AI-powered consumer lending platform – VΞLOX – provides unique, differentiated, customer-centric lending experiences. These data and analytics enhancements enable mortgage providers to identify how their lending process can better satisfy borrowers’ unique expectations, and with VΞLOX, they have the freedom to configure changes that will improve customer engagement and increase conversion rates. “Partnering with LogRocket enables us to understand customer journeys better and deliver customer-centric borrowing experiences,” said Abhinav Asthana, Head of Fintech Product at Tavant. “Within VΞLOX, the data from LogRocket helps Tavant and our clients to identify key areas of friction and pain-points customers face today in the mortgage application process, important capabilities as we work towards our vision of hyper-personalized lending strategies.” LogRocket offers frontend performance monitoring and product/UX analytics to help their partners improve their online experiences and continue to engage millions of active users daily. “At LogRocket, we take pride in building software with the care and craftsmanship needed to deliver amazing user experiences for all of our trusted partners,” said Matthew Arbesfeld, CEO and Co-Founder at Logrocket. “Tavant’s consumer lending platform now has the tools it needs to track consumer behavior, monitor feature functionality, and holistically measure success.” Tavant’s VΞLOX digital lending platform solves the most complex lender and borrower challenges while also maximizing the utilization of data-driven decision-making. VΞLOX’s workflows and 150+ third-party integrations allow customers to be more self-service and loan officers to close loans faster. Tavant’s growing customer base originates one out of every four loans in the U.S. Find Tavant on LinkedIn and Twitter. About Logrocket LogRocket provides modern frontend monitoring and product analytics that empowers software teams to create the ideal web and mobile product experience. The company’s award-winning solution combines session replay, performance monitoring, and product analytics, allowing their 2,500+ global customers to provide an optimal user experience every time. Founded in 2016 in Boston, MA, the company is backed by Battery Ventures and Matrix Partners. For more information, visit https://logrocket.com. Media Contact: Anna Stanley/Adrie Morales [email protected]/[email protected] 251-517-7857/678-781-7227
Tavant Ranks on the IDC FinTech Top for Third year in a Row
SANTA CLARA, Calif., September 23, 2021 SANTA CLARA, Calif.–(BUSINESS WIRE)–Tavant, a Silicon Valley-based provider of industry-leading digital lending technologies, announced today that it has been named to the 2021 IDC FinTech Rankings, the most comprehensive vendor ranking within the financial services industry, for the third consecutive year in a row. The 18th annual IDC Financial Insights FinTech Rankings recognizes companies that are among the top financial technology providers worldwide. This Fortune 500-style ranking is based on 2020 calendar year revenues of hardware, software and IT services from financial institutions. These global providers of financial technology are then categorized and evaluated by IDC to determine key players in the space. These providers supply the technological backbone of the financial services industry, an industry in which IDC Financial Insights forecasts worldwide spending on IT across the globe to reach over a trillion dollars by 2025. “Being named in the IDC FinTech Rankings is a significant accomplishment, demonstrating a provider’s commitment to the success of its financial institution clients,” said Marc DeCastro, Research Director at IDC Financial Insights. “The IDC FinTech Rankings, now in its 18th year, is the global standard list of fintech providers to the industry, and we congratulate the 2021 winners.” The annual IDC FinTech Rankings has become an important measure of the health and direction of technology in the industry and the emergence of innovative solutions from new players. In addition, the IDC FinTech Rankings serve as a critical tool for financial institutions and companies to use during strategic planning and to review whenever they consider new investments in third-party solutions. Hassan Rashid, CRO, 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 for the third year. Our long history of commitment to innovation and providing our customers a competitive edge in an increasingly demanding market has facilitated Tavant’s tremendous growth and is a testament to our dedication. 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.” Tavant and the additional vendors featured in the 2021 IDC FinTech Rankings lead the charge in guiding financial institutions toward successfully executing digital transformation initiatives in an increasingly digital economy. For more information about the rankings, click HERE and follow on Twitter @IDC and look for #IDCFinTechRankings. Find Tavant on LinkedIn and Twitter. Media Contact: Adrie Morales [email protected] 678-781-7227
Top Lender Selects Tavant as its Broker Experience Partner and Digital Transformation Agent
SANTA CLARA, CA, Sept. 14, 2021 Tavant, a Silicon Valley-based digital lending solutions leader, announced its broker experience partnership with a top lender. This lender’s new FinXperience platform features a seamless, end-to-end digital lending experience that reduces processing time and the overall cost of loan origination. Partnering with Tavant allows this lender to rapidly expand its wholesale business over the next two years. FinXperience brings all parties in the lending process to one collaborative platform, providing a more efficient lending experience. FinXperience is powered by Tavant’s digital lending platform, VΞLOX, and provides real-time data exchange to ensure a more fluid experience to boost productivity and reduce loan cycle times. The platform enables providers like this lender to expedite their processing and approval times while also ensuring compliance with regulatory requirements. Hassan Rashid, CRO of Tavant, said, “Launching a new, customer-focused platform for this lender is a significant competitive advantage in an increasingly fierce market. This strategic partnership will be the accelerant that this lender needs to succeed in its digital transformation initiatives. We can’t wait to equip their team with a design-centric approach that enables a smooth and easy digital experience to satisfy ever-evolving customer expectations.” This lender joins Tavant’s growing customer base, which originates one out of every four loans in the U.S. The Tavant VΞLOX suite of products solves even the most complex lender and borrower challenges while also maximizing the utilization of data-driven decision making. Find Tavant on LinkedIn and Twitter.
Tavant Launches Disruptive New Platform – Touchless Lending
SANTA CLARA, Calif., July 22, 2021 Accelerating loan manufacturing with AI. Tavant, Silicon Valley’s leading digital lending solutions provider, today announced the availability of its new Touchless LendingTM platform. This AI-powered lending-as-a-service platform maximizes the use of data-driven processes to provide an end-to-end loan manufacturing experience. Touchless Lending’s first product line is mortgage-centric and designed to address key pain points within the mortgage industry. By reducing lengthy origination cycles and removing unnecessary touchpoints, Touchless Lending enables lenders to originate more mortgage loans faster, while also reducing costs. Over the last year, changes in behavioral patterns have shifted much of the home buying process to online interactions. It is now more crucial than ever that mortgage lenders consistently provide seamless digital experiences – to stay both ahead of the competition and in-line with ever-increasing borrower expectations. Touchless Lending delivers exactly what borrowers need, and more by enabling faster e-closing and open communication channels across touchpoints. Loan officers, processors and underwriters can use Touchless Lending’s optimized workflows to engage with data and make decisions faster, instead of relying on physical documentation and manual data entry. The Touchless Lending platform integrates effortlessly with existing core systems, including the LOS, and efficiently automates mortgage production. Sarvesh Mahesh, CEO, Tavant, said, “Now more than ever, companies are hungry for more robust data. They want to make better decisions and automate routine processes to become more efficient, reduce errors and lower costs. Data is the key to making those happen, and Touchless Lending is the tool lenders need to make the best uses of their data.” “The mortgage industry is still not meeting borrower expectations,” added Mohammad Rashid, Head of Tavant’s Fintech Practice. “On average, mortgages are taking 51 days to close, which is unacceptably slow in our on-demand world. Underwriters and processors do not have the tools they need to get the job done efficiently and effectively. Touchless Lending focuses on these overlooked middle and back-office associates, now enabling them to make a clear-to-close decision in as little as five days, handle five times as many mortgages at once and reduce processing and underwriting costs by over 75% per mortgage.” Rapidly gaining market share, Tavant’s expanding customer base originates one out of every four mortgage loans in the United States. As the leading provider of Fintech software and solutions for 20+ years, Tavant proactively anticipates customer needs and adjusts accordingly to provide the right leading-edge solutions. Tavant’s new Touchless Lending platform is an exciting addition to its already robust suite of digital products and solutions, which continue to allow 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.
Tavant, LoanBeam Partner to Enhance Digital Mortgage Experience with Automated Income Calculation
SANTA CLARA, Calif., June 10, 2021 Tavant, a Silicon Valley-based provider of AI-powered digital lending technologies, today announced a strategic partnership with LoanBeam, a mortgage technology leader that specializes in data extraction and income calculation, to further enhance the digital mortgage experience with automated borrower income calculation. LoanBeam’s APPSolute™ suite of automated income analysis tools is now integrated with Tavant’s FinConnect, helping lenders close loans faster by standardizing and streamlining the application process, removing human error, increasing transparency, and improving accuracy. The integration of LoanBeam’s APPSolute tax software with Tavant’s FinConnect suite of connectors allows users to simplify the lending process and close loans faster — with the advantage of receiving Representation and Warranty (R&W) from Fannie Mae™ and Freddie Mac™ for select features and functionality. Additionally, Tavant’s Digital Loan Factory now includes LoanBeam’s configurable income analysis services for straight-through processing automated underwriting, drastically reducing the time it takes loan officers, processors, and underwriters to calculate and review borrower qualifying income. “Like Tavant, our mission is to empower lenders with modern, innovative technology solutions that automate processes and enhance the overall digital mortgage experience,” said Jerry Melia, COO, LoanBeam. “We are excited to be included in Tavant’s FinConnect hub to provide even more lenders and investors the opportunity to grow their business while mitigating risk. We are pleased to partner with Tavant on the integration of APPSolute Tax and look forward to working with them on our other products and services including APPSolute Wage, APPSolute Transcripts and APPSolute Payments.” FinConnect is a component of Tavant’s AI-powered digital lending suite of products — VΞLOX — that seamlessly connects the internal and external systems of the mortgage ecosystem, enabling an intuitive, end-to-end digital mortgage experience. FinConnect is a modern mortgage data and services hub that provides lenders plug-and-play access to 130 connectors from more than 60 service providers, helping lenders close more loans faster, with improved accuracy and reduced risk. LoanBeam, the industry standard in automated income calculation, leverages advanced scanning technologies and patented algorithms to reduce multiple streams of income into a single, easy-to-read electronic output. LoanBeam saves lenders time and money while improving accuracy. “Our industry has undergone dramatic changes this past year, and we are constantly seeking new ways to help lenders navigate this new normal,” said Mohammad Rashid, Head of Fintech, Tavant. “Income calculation is one of those areas that has become even more complex in recent months, and partnering with LoanBeam to automate this process helps lenders close more business faster, without incurring any additional risk. LoanBeam’s integration into FinConnect is of immense value to Tavant’s customers. Our ongoing commitment to simplifying the mortgage experience, while providing best-in-class technology, is significantly driving the adoption of a fully digital mortgage.” Rapidly gaining market share, Tavant’s expanding customer base originates one out of every four loans in the United States. Tavant’s VΞLOX suite of products optimizes the back-office, simplifies mid-office, and transforms the front-end consumer experience into an efficient digital data flow. About LoanBeam LoanBeam, a subsidiary of Navesink Mortgage Services, is a Dallas-based fintech company specializing in document conversion, data extraction, and income calculation. LoanBeam underpins the mortgage approval process of the mortgage industry’s most recognizable brands. Find Tavant on LinkedIn and Twitter. Media Contact: Anna Stanley [email protected] 251.517.7857
Tavant Partners with Hay Group as it Expands into Australia
SANTA CLARA, Calif. / SURRY HILLS, Australia, May 27, 2021 Tavant, a Silicon Valley-based provider of AI-powered digital technologies, today announced it has entered into a strategic alliance with Hay Group, an Australian fintech provider, to deliver the full payment and lending spectrum of capabilities to the Australian financial market. Tavant’s end-to-end digital lending suite, VΞLOX, will now be integrated with Hay’s cloud-embedded finance platform, which seamlessly integrates digital banking services into any customer journey. This joint solution will provide extraordinary, AI-powered financial experiences for lending and banking end-users in the Australian financial marketplace. Hay provides an “as a service” embedded finance platform (HaaS), enabling any business to complement their existing product offerings with seamless financial solutions, simultaneously improving customer experience and creating additional revenue sources. HaaS technology and product teams bring together experience in high-frequency trading from the hedge fund to the payments industry. Through their ecosystem, financial and non-financial businesses can control a full suite of services, including core banking, card issuing, processing, recs, AML/CTF, real-time fraud monitoring, digital wallets, and more. The flexibility to integrate and control one or all of these core services comes from utilizing a single, modern universal API layer to access HaaS’s pure microservices. Tavant VΞLOX enhances productivity, efficiency, and accuracy for more than 65% of the top financial institutions across the United States. As the industry’s leading AI-powered digital suite of lending products, VΞLOX maximizes the use of data-driven processes in the automation of the loan origination lifecycle, providing an intuitive omnichannel experience and quick execution from home discovery to loan funding. VΞLOX deploys Artificial Intelligence (AI) and Machine Learning (ML) algorithms to provide an immersive journey for each stakeholder in the lending ecosystem. The digital platform is fully customizable and is designed to transform the home lending process by significantly shortening the loan processing time, boosting productivity, and reducing origination costs. Andrew Laycock, Hay Group CEO, believes this strategic alliance with Tavant will disrupt the Australian financial industry. “We are excited to see one of the largest lending platforms in the world select Hay’s embedded finance platform to enable our customers to offer a full 360-degree lending solution. HaaS allows Tavant to fully integrate into the Australian payment networks, creating a one-stop-shop for building a world-class lending product.” According to Sarvesh Mahesh, CEO at Tavant, Hay’s immense financial market expertise in Australia will match perfectly with Tavant’s AI-driven lending capabilities. “Together, we are merging the best-of-breed capabilities of two fintech giants, one in the lending space and one in the banking space, to deliver a complete, end-to-end solution for end-users who need an intuitive, integrated platform for all their banking and lending needs.” Hay leverages more than several decades of financial and engineering expertise to allow firms to seamlessly integrate digital banking and lending services into any customer journey. Rapidly gaining market share, Tavant’s expanding customer base originates one out of every four loans in the United States. Tavant’s VΞLOX suite of products optimizes the back-office, simplifies mid-office, and transforms the front-end consumer experience into an efficient digital data flow. Find Tavant on LinkedIn and Twitter. About Hay Group Headquartered in Surry Hills, Sydney, Hay is a fintech company building extraordinary embedded financial experiences. We believe the future of finance does not start and end with digital banking, but the seamless integration of these services into any customer journey. Visit us at https://www.haas.co Find Hay on LinkedIn Headquartered in Surry Hills, Sydney, Hay is a fintech company building extraordinary embedded financial experiences. We believe the future of finance does not start and end with digital banking, but the seamless integration of these services into any customer journey. Visit us at https://www.haas.co Contacts For Hay: Alex Lloyd [email protected] (+61) 428.408.694 For Tavant: Anna Stanley [email protected] 251.517.7857
Tavant Announces FinConnect on Salesforce AppExchange, the World’s Leading Enterprise Cloud Marketplace
SANTA CLARA, Calif., Jan. 5. 2021 Tavant today announced it has launched FinConnect on Salesforce AppExchange, empowering customers to connect the internal and external systems within their mortgage ecosystems. FinConnect is a component of Tavant’s AI-powered digital lending suite of products, VΞLOX, and simplifies the lending experience, providing lenders plug-and-play access to 130 connectors from more than 60 service providers. FinConnect integrates with Salesforce Financial Services Cloud (FSC), addressing lenders’ challenges by accelerating capabilities to fulfill and close loans quickly—a capability that can empower lenders amid the COVID-19 crisis. Built on the Salesforce platform, FinConnect is currently available on AppExchange at https://appexchange.salesforce.com/appxListingDetail?listingId=a0N3u00000OMkyNEAT FinConnect FinConnect is an intelligent lending data and enterprise mortgage services integration hub that enables an end-to-end, enhanced digital mortgage experience. The platform supplies on-demand data directly from the information source, enabling lenders to close loans quicker while providing a modern and personalized experience for the borrower. Using FinConnect, lenders have access to a multitude of APIs and service providers, including product types such as identity, credit, income, asset, tax transcripts, AUS, appraisal, closing costs and fees, flood, product & pricing engines, compliance, title insurance, mortgage insurance and Fannie Mae Day 1 Certainty™ designated vendors. FinConnect is URLA-compliant and can effectively adapt and scale to fluctuating market conditions. This is evident in the mortgage hub’s ability to process more than 20 million transactions just this year. Comments on the News “Our experience in the mortgage industry has allowed us to develop products that solve challenges for lenders and borrowers while maximizing data-driven processes and improving the customer experience,” said Abhinav Asthana, Head of Fintech Product at Tavant. “With FinConnect now on AppExchange, users can easily accelerate the value for their financial services customers and bring true digital disruption to the entire lending ecosystem. FinConnect enables a data-driven and personalized experience that consumers are now demanding. In 2020 alone, FinConnect has processed over 20 million transactions and enabled over 1 million home loans as part of Tavant’s growing customer base that originates one out of every four loans in the U.S.” “Tavant’s FinConnect is a welcome addition to AppExchange, as they power digital transformation for customers by providing lenders plug-and-play access,” said Woodson Martin, GM of Salesforce AppExchange. “AppExchange is constantly evolving to enable our partners to build cutting-edge solutions to drive customer success.” About Salesforce AppExchange Salesforce AppExchange, the world’s leading enterprise cloud marketplace, empowers companies to sell, service, market and engage in entirely new ways. With more than 6,000 solutions, 8 million customer installs and 90,000 peer reviews, it is the most comprehensive source of cloud, mobile, social, IoT, analytics and artificial intelligence technologies for businesses. Additional Resources – Like Salesforce on Facebook: http://www.facebook.com/salesforce Follow Salesforce on Twitter: https://twitter.com/salesforce Salesforce, AppExchange, Financial Service Cloud and others are trademarks of Salesforce.com, Inc. Find Tavant on LinkedIn and Twitter.
Tavant Launches Banktech Practice with Existing AI/ML Technology for Transformative Experiences
SANTA CLARA, Calif., Dec. 08, 2020 At American Banker’s Digital Banking 2020 conference, Tavant announced its expansion to new business lines with the launch of its Banktech practice. The Silicon Valley-based provider of AI-powered digital technologies appointed industry expert Vaibhav Sharma to lead the new banking initiative from the company’s New York office. Marking its entry into banking, Tavant leverages its best-in-class lending technologies to provide innovative transformations to banking institutions of all sizes. The Banktech practice brings together digital technology and proven innovation to solve modern banking challenges. Sharma is focused on integrating Tavant’s transformative lending experience to deliver hyper-personalized end-user experiences to the complete banking customer lifecycle. Sarvesh Mahesh, CEO of Tavant, said, “As we grow our team with the industry’s most innovative and brightest individuals, we are excited to have Vaibhav leading our efforts. The banking industry has faced an accelerant this year from the pandemic as customers adjust to increasing digital services. As the industry continues to change, banks will need to deliver new, modern solutions to stay competitive. Tavant’s Banktech practice enables us to assist banks with operational efficiencies to effectively provide new digital solutions that make banking seamless for all back- and front-end processes. Our team’s vision coupled with our innovative tech delivers our customers an optimized banking experience.” Vaibhav’s banking expertise stems from more than 25 years of global experience in assisting large scale banks modernize their operational processes and implement procedures that balance incremental growth and cost savings. He previously worked at Unisys, CGI, and Citibank, where he spearheaded unique digital optimizations and reduced risk factors to existing legacy systems. Additionally, Tavant has appointed two Banktech practice drivers, Michael Livi and Debarchana Roy. Livi, based in New York, is an industry veteran of 17 years and is passionate about powering the sales cycle of emerging financial technologies to financial institutions (FIs). Roy, located in San Francisco, has more than 12 years of industry experience and joined Tavant from Wells Fargo, where her accomplishments provided consistent strategic and sales growth. This move represents an additional geographic expansion for Tavant, which launched its Digital Factory practice in Dallas last year. Tavant combines deep industry expertise, next-generation digital technologies, and optimized modern processes to help banks deliver enhanced customer experiences. Find Tavant on LinkedIn and Twitter.
SoftWorks AI, Tavant Partner to Provide Intelligent Document Automation Solutions for Digital Mortgages
FOREST HILLS, N.Y., Dec. 2, 2020 SoftWorks AI, an AI, and computer vision-based mortgage automation firm, today announced it has entered a strategic alliance with Tavant, a Silicon Valley-based provider of AI-powered digital lending technologies, to provide organizations with an enhanced digital mortgage experience. SoftWorks AI’s intelligent mortgage document automation capabilities will now be integrated with Tavant’s best in class document ingestion platform, FinCapture, providing organizations across the mortgage ecosystem with the most advanced documents to data automation capabilities currently available in the market. “Today’s mortgage technology landscape does not adequately address the need to shorten cycle times and improve data quality,” said Tom Wuensch, COO, SoftWorks AI. “This partnership combines SoftWorks AI’s decades of experience in transforming documents to actionable data with Tavant’s deep expertise in mortgage automation to support all phases of the digital mortgage lifecycle. Together, we are helping firms streamline their mortgage process workflows and achieve near touchless automation with the most intelligent structured data available.” Tavant’s FinCapture automates essential processes such as document indexing and classification, data extraction, data validation, and inter/intra documentation audits, generating a repository of critical information used to create and manage a digital loan file. Integrating the SoftWorks AI platform enables automated extraction of data from transactional loan documents. Documents are instantly recognized with the highest accuracy available to ensure quality, validity, and type, thereby enabling lenders to complete normally time-consuming reviews in a matter of seconds. According to Mohammad Rashid, Head of Fintech Practice at Tavant, the integration will provide lenders substantial efficiency improvements in the loan origination process. “Together, we are providing an automated solution that will help firms eliminate many time-consuming tasks and instead focus their efforts on quicker decisioning, increased productivity, superior data quality, and reduced mortgage cycle times, substantially improving the client experience.” SoftWorks AI’s intelligent mortgage automation solution leverages over 20 years of applied artificial intelligence and computer vision expertise to allow firms to streamline their mortgage workflows and achieve touchless automation with the most accurate data available. Rapidly gaining market share, Tavant’s expanding customer base originates one out of every four loans in the United States. Tavant’s VΞLOX suite of products optimizes the back-office, simplifies mid-office, and transforms the front-end consumer experience into an efficient digital data flow. About SoftWorks AI Born from the Machine Perception & Computer Vision Lab at the City University of New York, SoftWorks AI is a provider of intelligent mortgage automation solutions. We strive to leverage our deep expertise in computer perception, advanced document understanding, and AI technologies to transform raw data into intelligent actionable information, equipping knowledge workers with the means to drive business decisions faster and more effectively. Visit us at www.softworksai.com Find SoftWorks AI on LinkedIn. Find Tavant on LinkedIn and Twitter.
RWM Partners with Tavant for Enterprise-wide Digital Transformation
Tavant Launches Warranty Platform for Daimler Trucks Asia in Taiwan
Tokyo, Japan, Nov 10, 2020 Tavant, a leading digital products and solutions company for the manufacturing industry, today announced the launch of a warranty claim handling software solution for Daimler Trucks Asia (DTA) in Taiwan. Named Falcon+, the solution powered by Tavant Warranty platform, improves transparency, increases business agility, and drives better decision making. Falcon, a one-stop system for online claim transactions powered by Tavant’s warranty system, was initially rolled out in early 2016 in Japan, one of DTA’s home markets, and in early 2017 for customers across 60+ countries in international markets. The warranty system has now been introduced to Taiwan, one of the largest overseas markets for the OEM. The solution has enabled faster claim judgment, eliminated conventional submission methods, and provided data transparency to DTA and its global distributors. Falcon+ is an integrated and modern platform that connects dealers, national organizations (general distributors/ subsidiaries), and the manufacturer’s headquarters for warranty claims management. The solution enables DTA to boost productivity, enhance performance, and gain a dynamic, 360-degree view of its warranty management operations. Falcon+ helps streamline the claim process, improve cycle time; subsequently, leading to reduced warranty costs and a higher customer retention rate. Tavant’s well-proven approach and integrated solution concept play a significant role in enabling innovation excellence and driving operational efficiency. With this partnership, Tavant has brought agility in the processing of claims for DTA. By deploying the Falcon+ solution, dependency on manual operations can be reduced for higher efficiency in the claim handling process. Additionally, a single line of claims adjudication has drastically cut down end-to-end judgment times, enabling DTA with higher end-to-end transparency on all transactions. This implementation exemplifies an exceptional collaboration and teamwork across Taiwan, Japan, and India amid unprecedented times. “We are pleased to see our relationship with Daimler Trucks Asia expand further. The synergies between the two organizations have been mutually beneficial, as we look forward to even greater success with this recent expansion. As a strategic partner, Tavant successfully deployed and delivered the solution while collaborating in a tireless and seamless manner amidst turbulent times,” said Roshan Pinto, Head of Manufacturing, Tavant. “Our solution allows DTA to improve decision-making, bring more transparency to their claims process, and enhance overall claims accuracy,” Pinto added. About Tavant Warranty Tavant Warranty, a leader in IDC MarketScape, is a web-based, full-lifecycle warranty management solution that brings together OEMs, suppliers, and service channel partners in a real-time collaborative environment. Tavant’s future-ready, warranty solution comes from two decades of experience working with leading customers to develop and implement enterprise-class warranty claim solutions. Tavant Warranty helps you reduce warranty spend, increase supplier recovery, reduce claim processing, and consolidate fragmented warranty data to improve forecasts. Find Tavant on LinkedIn and Twitter. About Daimler Trucks Asia Daimler Trucks Asia (DTA) is an organizational unit that jointly operates Mitsubishi Fuso Truck and Bus Corporation (MFTBC) – an icon of the Japanese commercial vehicle industry with more than 80 years of its history – and Daimler India Commercial Vehicles (DICV), a full-fledged player in truck and bus manufacturing in the Indian market. DTA has a strategic business model that allows its group entities to collaborate in product development, production, exports, sourcing and research activity to provide the best of value products. Contacts: Rohit T.R. +81 70 4320 3966 [email protected]
Tavant Named to Prestigious IDC FinTech Rankings by IDC Financial Insights
SANTA CLARA, Calif., Oct. 22, 2020 Tavant, a Silicon Valley-based provider of AI-powered digital lending technologies, announced today it has been named to the 2020 IDC FinTech Rankings for the second straight year. The 17th annual vendor ranking represents the leading hardware, software, and service providers to the financial services industry from around the world. Vendors are ranked based on 2019 calendar year revenues attributed to financial institutions. “IDC Financial Insights is widely recognized as a thought leader at the forefront of our industry and I am honored to be recognized by such a prestigious organization,” said Hassan Rashid, CRO, Tavant. “Since the company’s inception, Tavant’s mission has been to provide unparalleled solutions to meet the business goals of our customers. This recognition is a testament to our team’s continued commitment to empowering our customers with innovative tools and intelligent insight needed to not only succeed but thrive in today’s increasingly demanding market.” 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 Financial Insights forecasts worldwide spending on IT across the globe to exceed $577 billion (USD) by 2024. To thrive in a digital economy, financial services organizations must embrace innovative and integrate cutting edge technology effectively to enhance the customer experience and achieve operational excellence. ABC Company and the vendors featured on the IDC FinTech Rankings represent those providers committed to helping financial institutions successfully execute their digital transformation initiatives for the betterment of their customers around the world. Find Tavant on LinkedIn and Twitter.
Caliber Home Loans Partners with Tavant on Implementing Digital Software Factory to Accelerate Digital Transformation
SANTA CLARA, Calif., Sep 15, 2020 Caliber Home Loans Inc. (“Caliber”), one of the largest non-bank lenders in the nation and Tavant, a Silicon Valley-based digital lending products and solutions company, today announced that Caliber has adopted a dedicated software factory delivery methodology to leapfrog its digital transformation journey. Powered by Tavant, the Digital Software Factory (“Digital Factory”) is an execution framework that leverages institutional knowledge and an optimized resource structure and metrics, resulting in a transparent, scalable, and streamlined process. The result is better data-based decisions that will accelerate the Caliber’s transformation execution plan. “We are delighted to be leveraging Tavant’s domain experience and understanding of our technology landscape. We’ve adopted a digital software factory approach to decrease the time to market, giving us the ability to simultaneously launch initiatives in real-time, and ensuring Caliber delivers a seamless customer experience,” said Renee Galitis, CIO, Caliber Home Loans. Caliber’s dedicated Digital Factory consists of a specialized team of factory managers, product owners, and full-stack developers tasked with developing fast-to-market products that comprise new digital features, process automation, and enhancements aligned with Caliber’s digital transformation goals. Tavant’s Senior Vice President, Prashant Kumar, said, “Implementing a Digital Factory for Caliber will significantly accelerate its digital transformation journey. It is more nimble and agile, allowing Caliber to respond to shifting market requirements quickly, and we are excited to be embarking on this relationship with Caliber.” Find Tavant on LinkedIn and Twitter. About Caliber Caliber Home Loans, Inc. is a privately-held financial services company with headquarters in Coppell, TX. The company is an approved Seller/Servicer for both Fannie Mae and Freddie Mac, an approved issuer for Ginnie Mae and is an approved servicer for FHA, VA and the USDA. The company carries multiple servicer ratings from Standard & Poor’s, Moody’s, Fitch and DBRS. To learn more about Caliber, visit www.caliberhomeloans.com.
Tavant Unveils Stellar Lineup for T5 Virtual Conference
SANTA CLARA, Calif., Aug 25, 2020 What: Tavant, the leading Silicon Valley-based provider of AI-powered digital lending technologies, is hosting T5, a virtual digital technology conference focusing on Tech, Trends, Transformation and Thinking (AI). Industry leaders from Wells Fargo, Fannie Mae, Caliber Home Loans, realtor.com, Genesis Financial Solution, Citizens Bank and MGIC will share the latest insights on how AI and ML will bring efficiencies and speed throughout the life cycle of the loan process, how homebuying will be in 2020 and how automation and digitization will accelerate the mortgage process. The live-streamed event will include informative keynote presentations, interactive sessions, fireside chats, live product demonstrations, start-up spotlights and more. Who: Henry Cason, SVP, Head of Digital Products at Fannie Mae Hassan Rashid, Chief Revenue Officer at Tavant Brad Sivert, Head of Proptech at Tavant Jon Gibson, VP of Product Management at realtor.com Gary Johnson, Senior Director of MiLo Labs at MGIC Nate Longfellow, Head of Digital, Product Strategy and Change Delivery – Home Lending at Wells Fargo Gregory Chi, CIO at Genesis Financial Solutions Dino Lack, Chief Product Officer at Caliber Home Loans Sonu Mittal, EVP, Head of Mortgage – Retail at Citizens Bank Abhinav Asthana, Head of Product at Tavant Debi Roy, Sr Director, Fintech at Tavant When: Wed, Aug 26, 2020, from 10:00 a.m. PT, click here to register. Details: For more information, including the detailed agenda and all keynote speakers, visit the event page. Contact: To request an interview, contact Anna Stanley at [email protected], 251.517.7857 Find Tavant on LinkedIn and Twitter.
American Pacific Mortgage Leverages Tavant’s FinXperience Platform to Launch Specialized Mortgage Channel
SANTA CLARA, Calif., August 11, 2020 Tavant, a Silicon Valley-based digital lending products and solutions company, today announced American Pacific Mortgage deployed its FinXperience platform to launch a new Specialized lending channel. With Tavant’s FinXperience platform, the lender is able to provide its growing network of customers a seamless digital lending process with improved loan fulfillment efficiencies, a faster speed-to-market, enhanced communication capabilities, streamlined experience, and significantly lower costs per loan. Tavant’s FinXperience Platform is powered by VΞLOX, an AI-powered lending platform, and brings loan originators and investors together, providing real-time data exchange and data-driven processes to ensure a more fluid experience for brokers, boosting productivity and reducing loan cycle times. “Tavant was the best provider that could meet all of our technology needs and requirements, and also meet our aggressive go-live date,” said Keith Becher, chief operating officer for American Pacific Mortgage. “With Tavant’s FinXperience Platform, we successfully launched a new channel in less than ten weeks. Tavant is truly an extension of our team, and together we continue to advance our digital lending capabilities, transforming the home loan process.” Tavant’s FinXperience Platform brings loan originators and investors together, enabling customers to work as a team with lenders, expediting processing and approval while ensuring compliance with regulatory requirements. This provides lenders like American Pacific faster, smoother process for their customers, which allows them to get more done in less time. “We were able to leverage our previous experience and success in the market to help American Pacific achieve its goals of not only adding a new channel, but also meeting a very quick timeline,” said Hassan Rashid, Tavant’s CRO. “I am proud to partner with such a forward-thinking lender like American Pacific that remains committed to excellence and leveraging technology in an innovative manner to enhance its overall process, even during these trying times.” Rapidly gaining market share, Tavant’s expanding customer base originates one out of every four loans in the United States. Tavant’s VΞLOX suite of products optimizes the back-office, simplifies mid-office, and transforms the front-end consumer experience into an efficient digital data flow. Find Tavant on LinkedIn and Twitter. About American Pacific Mortgage Headquartered in Roseville, California, American Pacific Mortgage (APM) is an industry leading independent mortgage banker currently licensed in 49 states with over 2,800 employees. APM is driven to make its branch managers and producers look good by providing everything they need to create experiences that matter for the consumer. APM’s solutions-first mindset and collaborative spirit have contributed to being voted one of the best places to work year over year, and more than 50,000 5-star reviews from customers. Find APM at apmortgage.com, Facebook and LinkedIn.
Genesis Financial Solutions Partners with Tavant for Enterprise-wide Digital Transformation
SANTA CLARA, Calif., August 5, 2020 Tavant, a Silicon Valley-based digital lending solutions leader, today announced it has partnered with Genesis Financial Solutions® (Genesis), the nation’s largest provider of private-label credit programs for non-prime consumers. This enterprise-wide digital transformation will introduce new mobile and portal customer experiences, streamline operations and provide a more agile, scalable core platform to support the company’s recent and projected future growth. To support the company’s continued rapid growth Genesis has engaged Tavant to develop and deploy a customized, digital infrastructure that will provide the speed and agility required to be successful in the high-growth markets in which they operate. The transformation will provide Genesis the tools needed to quickly create and adjust risk models, enhance the overall experience delivered to customer care specialists, and enable immediate access to critical data by all business units across the enterprise. Gregory Chi, Chief Information Officer, Genesis Financial Solutions, said “Genesis has recalibrated its business in response to the recent shifts in today’s environment. To continue our success in developing omnichannel financing solutions with agile and new age technology, we have embarked on an enterprise-wide digital transformation. Tavant’s domain expertise, proven success in the financial services industry, and its ability to scale and accelerate the digital lending process were defining differentiators that influenced the company’s decision for a trusted partnership.” “Tavant is recognized within the financial services industry as the premier provider of digital transformation services,”said Prashant Kumar, Senior Vice President at Tavant. “Being selected by Genesis Financial Solutions for such an ambitious and complex intiative further validates our position as the leader in this space. We truly view our team as an extension of the Genesis team and are equally committed to their success and working together, we are able to achieve both their short-term and long-term business goals. Genesis is well established as the leader in the second-look financing market, and part of its success is attributed to its ongoing commitment to excellence and leveraging technology in an innovative manner. We are proud of the initial success we’ve achieved together and look forward to working with the Genesis Financial Solutions team well into the future.” Find Tavant on LinkedIn and Twitter. About Genesis Financial Solutions Genesis Financial Solutions, Inc. is the leading provider of near-prime consumer financing through general purpose & private label credit card solutions. Their innovative card programs offer consumers turned down by a prime lender a second chance to access financing with simple terms, competitive rates, and excellent customer service. Genesis Financial Solutions also partners with leading retailers in each of the key industries they serve including furniture, home improvement, jewelry, eCommerce, and more. Additional information may be found at www.genesis-fs.com | LinkedIn: www.linkedin.com/company/genesis-financial-solutions/
Tavant Introduces Digital Software Factory and Expands into New Business Lines
Tavant’s Retention Intelligence Named Stevie® Award Winner in the AI/ML Category of the 2020 American Business Awards®
SANTA CLARA, Calif., June 03, 2020 Tavant, a Silicon Valley-based provider of AI-powered digital lending technologies, announced today its Retention Intelligence, part of Tavant’s VELOX platform, was named the winner of a Stevie® Award in The 18th Annual American Business Awards® in the Business Technology category for Artificial Intelligence/Machine Learning solutions. The American Business Awards are the U.S.A.’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small. “We are honored to receive the renowned Stevie Award and to be recognized by such a prestigious organization,” said Manish Arya, CTO Tavant. “This award is a testament to Tavant’s ongoing commitment with AI/ML to empower our customers with innovative tools and intelligent insight needed to succeed in today’s increasingly demanding market. Tavant’s vision from day one has been focused on providing unparalleled solutions to meet the business goals of our customers. I am extremely proud of the tireless efforts put forth by our team to ensure we never settle for the status quo, but instead remain focused on providing new and innovative technology solutions to address the most complex challenges facing our customers.” More than 3,600 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories, including Startup of the Year, Executive of the Year, Best New Product or Service of the Year, Marketing Campaign of the Year, Live Event of the Year, and App of the Year, among others.Tavant was nominated and won in the Business Technology category for Artificial Intelligence/ Machine Learning solutions. Tavant’s Retention Intelligence platform leverages holistic customer information, enabling lenders and servicers to identify the refinance opportunities within portfolios to maximize retention and upselling. More than 200 loan attributes across 10 million records are used to train the models. Additionally, the product allows lenders and servicers to predict and manage portfolio churn and focus on customer retention strategies. The model is three times more accurate when compared to other methods used to analyze a portfolio of 1.5 million loans that churns at 15% annually. By leveraging Tavant’s Retention Intelligence, lenders can see 50% lower retention costs as compared to traditional retention models. More than 230 professionals worldwide participated in the judging process to select this year’s Stevie Award winners. “Despite the toughest business conditions in memory, American organizations continue to demonstrate their commitment to innovation, creativity, and bottom-line results,” said Stevie Awards president Maggie Gallagher. “This year’s Stevie-winning nominations are full of inspiring stories of persistence, ingenuity, resourcefulness, and compassion. We celebrate all of their stories and look forward to showcasing them during our virtual awards ceremony on August 5.” Details about The American Business Awards and the list of 2020 Stevie winners are available at www.StevieAwards.com/ABA. Find Tavant on LinkedIn and Twitter. About the Stevie Awards Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com. Sponsors of The 2020 American Business Awards include John Hancock Financial Services, Melissa Sones Consulting, and SoftPr
Tavant Launches Inaugural Virtual Fintech Summit
SANTA CLARA, Calif., May 19, 2020 Tavant, the leading Silicon Valley-based provider of AI-powered digital lending technologies, announced today its inaugural virtual digital lending summit, called T4, focusing on Tech, Trend & Transformation in these Times. Industry leaders will share the latest innovations and insights, success stories, and trends during this three-hour event. The live-streamed event will include informative keynote presentations, interactive sessions, fireside chats, live product demonstrations, start-up spotlights, as well as a virtual roundtable. Presenters include: Barry Libenson, Global CIO of Experian Susan McHan, President of Retail Mortgage, Flagstar Bank Liz Short, VP of Technology, Fairway Independent Mortgage David Stevens, Former US Asst. Secretary of Housing & Lending Guru Peter Sisson – CEO of Yaza Sarvesh Mahesh, CEO of Tavant T4 host and Tavant’s Head of Proptech Brad Sivert explains, “We want to carry on the spirit of in-person events by bringing together a panel of expert speakers and engaging content to create an impactful virtual event. I am excited to be hosting this virtual digital lending summit that focuses on accelerating fintech growth in new times.” The virtual event will be held on Thursday, May 21, 2020, from 11:00 a.m. to 2 p.m. PDT. Limited seats are available. Click here to register. Find Tavant on LinkedIn and Twitter.
Tavant Launches AI-Powered Instant Refi Advisor
SANTA CLARA, Calif., May 14, 2020 Tavant, a Silicon Valley-based provider of AI-powered digital lending technologies, announced today that it has launched its Instant Refi Advisor (IRA) product to assist lenders who are facing an increased volume of refinance applications. IRA is a plug-in for mortgage lenders and is powered by Tavant’s FinConnect platform, an intelligent lending data, and enterprise mortgage services integration hub. The product was featured during HousingWire’s Mortgage Tech Demo, click here to watch the video demonstration. Through IRA, lenders can ease the load of their refinance applications by allowing borrowers to see what they qualify for based on their current situation as well as view pricing fees and the best rates available. Instead of calling lenders and discussing product offerings, borrowers have the ability to adjust rates and monthly payments themselves on IRA to understand what their goals are. Additionally, IRA allows lenders to offer personalized products that customers can apply and qualify for, streamlining the overall refinance application process. “Lenders have seen an amplified number of refinance applications in the past couple of months that they are unable to maintain,” said Abhinav Asthana, Head of Product at Tavant. “With our new Instant Refi Advisor, borrowers can easily view what products they could qualify for to lower their monthly payments, lower their interest rates and maximize their cash-out. Offering this modern technology solution saves the lender a significant amount of time as they can focus on seamlessly pushing through qualifying requests instead of fielding a large volume of calls.” Once a borrower completes their inquiry through the Instant Refi Advisor, lenders receive the information through their CRM system allowing them to have full context on a borrower’s goals when they reach out to complete the transaction. IRA can be plugged into any point of sale systems and can be integrated with a variety of core banking systems to customize product offerings and prep-populate any customer information and data that is required to complete the application. It also comes pre-built for mortgage lenders and has pricing integration, identity verification, credit servicing and CRM integrations available. “Everything we do at Tavant is centered around the customer experience,” said Hassan Rashid, Tavant’s CRO. “By giving the customer details on their refinance upfront and completely on their own, lenders are providing the right kind of personalized advice and insight into a borrower’s refinance, without making them wait to talk to someone. This transforms the end-user experience and streamlines the refi process, meeting customer demand even during this time of high volume while further building customer loyalty.” The IRA tool is configurable and allows lenders to adjust the color, presentation and the details of the borrower inquiry. It can also be hosted on a lender’s landing page or used as a widget, without having to subscribe to Tavant’s suite of products. Tavant’s growing customer base originates one out of every four loans in the U.S. Tavant’s VΞLOX suite of products solves many lender and borrower challenges, while maximizing data-driven processes. Find Tavant on LinkedIn and Twitter.
Tavant Launches FinDecision for the Ellie Mae Digital Lending Platform
Tavant FinXperience Powers DRIVER – Fairway Wholesale Lending’s Digital Mortgage Platform
SANTA CLARA, Calif., Apr 29, 2020 Tavant, a Silicon Valley-based digital lending products and solutions company, today announced its long-time customer, Fairway Independent Mortgage Corporation, has expanded its digital mortgage platform. Fairway has deployed Tavant’s FinXperience Broker to provide its growing network of brokers a seamless digital lending process with improved loan fulfillment efficiencies, faster speed-to-market, enhanced communication capabilities, streamlined experience, and significantly lower costs per loan. Powered by VΞLOX, Tavant’s AI-powered lending platform, Fairway’s digital mortgage platform ‘DRIVER’ is leveraged by more than 3,000 mortgage brokers across 500 brokerage firms nationwide. “Tavant is truly an extension of our team, and together we continue to advance our digital lending capabilities, transforming the home loan process,” said Randy Allen, CIO, Fairway. “These latest enhancements provide mortgage brokers with the tools needed to more effectively manage the entire loan pipeline. Real-time data exchange and data-driven processes ensure a more fluid experience for our brokers, boosting productivity and reducing loan cycle times.” Tavant’s FinXperience Broker brings loan originators and investors together, enabling wholesale brokers to work as a team with lenders, expediting processing and approval while ensuring compliance with regulatory requirements. This gives Fairway “a faster, smoother process for their brokers, which allows them to get more done in less time. Working with Tavant has given Fairway the agility to bring about changes quickly as we storm ahead in these challenging times,” said Liz Short, Product Owner of DRIVER at Fairway. In addition to FinXperience Broker, Fairway is leveraging FinConnect, a component of Tavant VΞLOX that enables digital mortgage transactions. FinConnect is an enterprise service hub for the financial services industry and an intelligent lending data and services network that integrates with more than 130 ecosystem partners. “Fairway is one of the pioneers in the digital lending market,” said Hassan Rashid, CRO, Tavant. “Part of its success can be attributed to its ongoing commitment to excellence and leveraging technology in an innovative manner to enhance the overall lending process. Our VΞLOX platform will enable Fairway to grow with changing consumer and broker behavior and further improve the digital home buying experience, while helping brokers reduce turn times for closing a loan.” Rapidly gaining market share, Tavant’s expanding customer base originates one out of every four loans in the United States. Tavant’s VΞLOX suite of products optimizes the back-office, simplifies mid-office, and transforms the front-end consumer experience into an efficient digital data flow. Find Tavant on LinkedIn and Twitter. 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. The company has more than 500 locations and over 6,900 employees nationwide. At Fairway, customer service is a way of life. Not only are we dedicated to finding great loan products and rates for our customers, we also offer some of the fastest turn times in the industry. 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.
Tavant’s FinConnect Platform Surpasses 10 Million Digital Mortgage Transactions
SANTA CLARA, Calif., April 21, 2020 Tavant, a Silicon Valley-based provider of AI-powered digital lending technologies, today announced its FinConnect platform, an intelligent lending data, and enterprise mortgage services integration hub, successfully processed more than 10 million digital mortgage transactions in the past 12 months. Additionally, in March 2020, FinConnect processed more than 1.5 million transactions, representing a 71% increase from the previous month, further demonstrating the platform’s ability to scale and adapt to rapidly changing market conditions. FinConnect is a component of Tavant’s AI-powered digital lending suite of products, VΞLOX, that seamlessly connects the internal and external systems of the mortgage ecosystem, enabling an end-to-end, seamless digital mortgage experience. Tavant’s Chief Revenue Officer, Hassan Rashid said, “We continue to see volumes spike across retail, wholesale and direct to consumer lending channels. In March, the changing market conditions, low- interest rates, and high refinance volumes yielded a massive spike in transaction volume, further highlighting the resilience of FinConnect and its proven ability to provide a seamless experience.” FinConnect simplifies the lending experience, providing lenders plug-and-play access to 130 connectors from more than 60 service providers, including various product types such as identity, credit, income, asset, tax transcripts, AUS, appraisal, closing costs and fees, flood, product & pricing engine, compliance, title insurance, mortgage insurance and Fannie Mae Day 1 Certainty™ designated vendors. FinConnect supplies on-demand data directly from the information source, enabling a simple end-to-end digital mortgage experience for the borrower. Rashid continued, “This achievement represents Tavant’s ongoing commitment to provide proven, modern technology tools that address the lenders’ top challenges and disrupt the cumbersome, often crippling mortgage processes and procedures. FinConnect is a game-changer for lenders, enabling them to provide their borrowers with a superior, personalized digital experience from home discovery to loan funding.” Tavant’s growing customer base originates one out of every four loans in the U.S. Tavant’s VΞLOX suite of products solves many lender and borrower challenges, while maximizing data-driven processes. About Tavant VΞLOX Tavant VΞLOX is the industry’s leading AI-powered digital suite of products that maximizes the use of data-driven processes in the automation of the loan origination lifecycle. It brings true digital disruption to the mortgage industry with an immersive omnichannel experience and high-velocity execution: from home discovery to loan funding. Find Tavant on LinkedIn and Twitter.
Tavant Launches Turnkey Platform to Accept and Process SBA Paycheck Protection Program Loans
Tavant Named to HousingWire TECH100
Tavant, a Silicon Valley-based provider of AI-powered digital lending technologies, announced today it has been named to the prestigious HousingWire 2020 HW TECH100™ listing of the most innovative mortgage technology companies in the U.S. housing industry. The company was also on the HW Tech100 honoree list in 2019. Tavant has been recognized for its artificial intelligence and machine learning (AI/ML) based offering, Tavant Retention Intelligence solution, that leverages holistic customer information, enabling lenders to identify the refinance opportunities within portfolios to maximize retention and upselling. More than 200 loan attributes across 10 million records are used to train the models. Additionally, the product allows lenders and servicers to predict and manage portfolio churn and focus on customer retention strategies. The model is three times more accurate when compared to other methods used to analyze a portfolio of 1.5 million loans that churns at 15% annually. By leveraging the Tavant Retention Intelligence solution, lenders have reported 50% lower retention costs as compared to traditional retention models. “HousingWire’s motto for 2020 is growth through focus. With that lens, the Tech100 program underwent mitosis and emerged as two highly focused awards — Tech100 Real Estate and Tech100 Mortgage. While collaboration between real estate and mortgage professionals has never been higher, the tools and solutions that empower these professionals to excel are often entirely different,” said HousingWire CEO, Clayton Collins. “The winners of the 2020 HousingWire Tech100 Mortgage and Real Estate awards are truly the most impactful and innovative companies in housing. Not only do these companies empower their clients and users, but they are also supporting a more efficient, accessible and sustainable housing economy.” “We are honored to be included in this prestigious listing for the third time,” said Hassan Rashid, CRO, Tavant. “This recognition is a testament to our ongoing commitment to innovation and providing our customers with a competitive edge in an increasingly demanding market. Tavant’s vision from day one has been focused on providing unparalleled solutions to meet the business goals of our customers. We have achieved this by consistently focusing on our people, the passion we bring to partnerships, and the all-round excellence in everything we undertake.” Find Tavant on LinkedIn and Twitter.
Tavant’s Fintech Business Reports Year of Momentous Growth Fueled by Digital Transformation
SANTA CLARA, Calif., December 18, 2019 Tavant, a Silicon Valley-based provider of AI-powered digital lending technologies, announced record growth, 24.3 percent annual revenue growth in its Fintech business and corporate expansion including the addition of a new Dallas Innovation Center. Additionally, the organization received multiple industry awards for innovative product launches and industry leadership. Hassan Rashid, Tavant’s Chief Revenue Officer, said, “2019 was an incredible year; we far surpassed our goals and objectives in terms of new customer and revenue growth. We continue to partner with the GSEs as well as the industry’s leading banks, financial institutions, Fintechs and Proptechs to deploy disruptive technologies and machine learning capabilities that address their top challenges including digital transformation and personalized customer experience. I am extremely proud of our achievements in the Fintech space which were further confirmed by a record achievement of seven renowned industry awards.” In 2019, Tavant was recognized for multiple industry awards including: Tavant VΞLOX Awarded the 2019 HousingWire Tech 100 listing; Tavant Named to the 2019 IDC FinTech Rankings; Hassan Rashid, chief revenue officer, Tavant, Named a Lending Luminary by Progress in Lending; Raj Menon, chief marketing officer, Tavant, Named a PR, Sales and Marketing Trailblazer by Progress in Lending; Aasif Mohammad, director of engineering, Tavant, named a HousingWire Insider; Vinita Ranade, senior product manager, Tavant, named a HousingWire Tech Trendsetter; Ankur Agrawal, director of engineering, Tavant, named a HousingWire Rising Star. Earlier this year, Tavant announced continued expansion with the addition of a new technology innovation center in Dallas, continuing its growth in the financial technology and services space. The center focuses on new product development and providing new-age digital experiences to lenders via Digital Factories. The company attributes much of its growth to its ongoing commitment to product development and providing the industry with disruptive, innovative solutions and services. During the year, Tavant solved multiple complex lender and borrower challenges. Tavant’s thought leadership and deep industry relationship helped to bring together the nation’s six mortgage insurance providers on a common technology platform – FinConnect – and enable MI Basket Order, an enhanced version of its Mortgage Insurance suite of services to seamlessly integrate rate quote capability across multiple insurance providers; and MI Best Execution, a new feature that allows lenders to apply a set of rules on top of its MI Basket Order feature to ensure borrowers get the best MI Products. Tavant continues to focus on deploying innovative digital lending components via its premiere AI-powered product suite, Tavant VΞLOX. Tavant launched its patent-pending Affordability Advisor product that leverages deep learning models within its consumer direct portal to provide advice to borrowers. Using the Tavant VΞLOX platform from a financial institution, a borrower begins a mortgage application and using the Affordability Advisor interface, the solution automatically provides affordability information, as well as credit factors, enabling the borrower to modify their application if needed. Additionally, a top-five bank mortgage originator successfully launched FinRules, a new component of Tavant’s VΞLOX suite of products, and will be leveraged to improve loan fungibility and execution across investors without sacrificing operational efficiency. Tavant’s FinConnect, the intelligent lending data and services integration platform, was also enhanced the past year with the addition of auto-scaling capabilities and increased resilience through active-active configurations as well as the addition of multiple third-party data connectors such as the Zillow Zestimate, an advanced property valuation estimation tool that leverages neural networks and real-time data to provide lenders and borrowers more accurate home value estimates. Retention Intelligence Solution is the first product of its kind, leveraging deep learning models to enable lenders and servicers to predict and manage portfolio churn and focus on customer retention strategies. Find Tavant on LinkedIn and Twitter.
Tavant & Flagstar Celebrate the Success of Their Partnership at MBA Annual 2019
SANTA CLARA, Calif., October 31, 2019 Tavant, a leading digital products and solutions company for the lending industry, today announced that it celebrated its continued partnership with Flagstar, a national originator and servicer of mortgage loans at the MBA Annual Conference 2019 held on October 27- 30 at Austin Convention Centre, Texas. “As we celebrate our strong strategic alliance, we are delighted to share that our visions are aligned with each other. We are proud to be a long-term partner to Flagstar as they continue to innovate across their technology platforms and further improve the overall home buying experience for their customers. We look forward to a long, successful relationship with Flagstar. Together, we aim to adopt a design-centric approach and enable seamless, device-agnostic experience for our customers,” said Hassan Rashid, CRO, Tavant. “Our years of experience in mortgage technologies, the right mix of operational and digital capabilities such as Artificial Intelligence, Machine Learning algorithms, RPA, and a strong focus on the customer journey ensure the maximum impact to all stakeholders in a mortgage life cycle. Our next-gen solution transforms current mortgage production and servicing processes into a modern digital factory. We offer a true end-to-end digital process that delights consumers and gives mortgage companies a disruptive competitive advantage,” Rashid added. Tavant’s lending products and platforms are transforming lenders into intelligent digital lending enterprises. Its suite of solutions provides the flexibility and scale that helps deliver immersive lending journeys and seamless omnichannel experience. Tavant is focused on delivering innovative solutions that offer game-changing results for the financial industry. Every element of the loan lifecycle is now AI-enabled and digital with VΞLOX. About Tavant VΞLOX Tavant VΞLOX is the industry’s leading AI-powered digital lending platform that maximizes the use of data-driven processes in the automation of the loan origination lifecycle. It brings true digital disruption to the mortgage industry with an immersive omnichannel experience and high-velocity execution: from loan discovery to loan funding to loan servicing. Find Tavant on LinkedIn and Twitter.
Hassan Rashid, CRO, Tavant, Receives Lending Luminary Award
SANTA CLARA, Calif., October 30, 2019 Tavant, a leading digital products, and solutions company for the lending industry, today announced that Hassan Rashid, Chief Revenue Officer, has received a Lending Luminary Award™ presented by PROGRESS in Lending Association. Hassan earned this honor in recognition of his accomplishments for successfully driving business growth in the Fintech space and his forward-looking approach to technology innovation. Hassan is leading a digital transformation wave in the mortgage industry. Under his leadership, Tavant is focused on solving the mortgage industry’s top problem of the rising cost of a mortgage loan by bringing multiple digital capabilities such as business process re-engineering, intelligent robotic process automation (RPA), intuitive point-of-sale solutions, rapid and accurate decisioning through AI/ML techniques, and custom application development. Tavant recently developed and launched FinLeads, lead management and point-of-sale product on Salesforce® and Retention Intelligence Solution, an Artificial Intelligence and Machine Learning (AI/ML) based offering, under the supervision of Hassan. “Hassan is the epitome of an inspirational leader at Tavant for more than ten years. Over the past year, he has managed to take several steps ahead of the Fintech space by paying close attention to lending impediments and solving it with our AI-powered digital lending product suite, Tavant VΞLOX. This enables Tavant’s growing customer base originates one out of every four loans in the U.S. With his unparalleled industry knowledge coupled with vast lending experience, he is playing an instrumental role in driving the business performance and accelerating the pace of Tavant’s Fintech business,” said Sarvesh Mahesh, CEO, Tavant. “Hassan has successfully led Tavant’s positioning as a business solutions and products company. His energy and expertise are fueling us to launch new products as well as helping our clients achieve amazing outcomes. We congratulate Hassan on this significant accomplishment and look forward to his continued leadership and direction as we move ahead with further innovations to positively reshape the Fintech landscape,” Mahesh substantiated. Find Tavant on LinkedIn and Twitter. Media Contacts: Anna Stanley/Catherine Laws 251.517.7857/678.781.7206 | [email protected]/[email protected]
Tavant Grows Fintech Vertical, Expands New Office in Dallas
Austin, Texas, Oct. 28, 2019 During the 2019 MBA Annual Convention and Expo, Tavant, a Silicon Valley-based provider of digital products and solutions, announced today that it has expanded a new technology innovation center in Dallas, continuing its growth in financial technology and services. The center will focus on new product development and providing new-age digital experiences to lenders via Digital Factories. To support its growing customer base in the area, Tavant is increasing its staff and capabilities in Dallas. Customer centricity is core to Tavant’s services and this proximity to its customers as well as prospects ensures the company is meeting those needs while also continuing to attract and grow top talent. The new location serves as a hub for innovative Digital Factories. These factories consist of small but specialized teams of factory managers, product owners and full-stack developers, who focus on configuring, building, modeling, simulating and evaluating technologies and solutions to further the business goals of Tavant’s customers. Each team will be tasked with developing a minimum viable product (MVP) that will have new digital features and enhancements that align with the customer’s business goals. The delivery center will operate many Digital Factories to serve customers across the United States, regardless of time differences. “Today’s businesses are not a one-size-fits-all,” said Prashant Kumar, vice president of Tavant’s fintech vertical. “We need to be nimble in our offerings so that we can work with our customers to meet their individual business requirements. Our teams will focus on building personalized solutions that are in line with their business outcomes and goals. We will be developing real, purpose-driven MVPs on new technologies related to Cloud, AI/ML or other Customer Experience portals as per client’s need.” Find Tavant on LinkedIn and Twitter.
FirstBank Mortgage Launches Consumer Direct Digital Lending Platform Powered by Tavant VΞLOX
SANTA CLARA, Calif., Oct. 16, 2019 Tavant, a Silicon Valley-based provider of AI-powered digital lending technologies, announced today that ConsumerDirect Mortgage, a division of FirstBank with mortgage operations and financial centers throughout the Southeast, leveraged FinXperience to develop and deploy a new consumer direct digital lending platform. A component of Tavant VΞLOX, an AI-powered digital lending suite of products, FinXperience is a point-of-sale solution that provides a simplified digital experience across all lending channels. “Tavant has been an outstanding technology partner in turning our vision into a reality,” said Jamie Thornton, director, Online Mortgage Lending for FirstBank. “During our due diligence, they were the only provider that was able to adapt their product to our unique business model and in turn, build a platform that was tailored to our specific workflow and business processes. Together, we’ve launched a modern mortgage application platform that provides rate and cost transparency while reducing loan durations, providing an enhanced customer experience.” Rob Henger, director of Mortgage Banking for FirstBank, added, “We are looking forward to partnering with Tavant to leverage this digital point-of-sale solution into other FirstBank verticals.” FirstBank, headquartered in Nashville, Tenn., can now provide a differentiated borrower experience through the seamless integration of data-driven processes and personalized journeys with a suite of portals and companion mobile applications. Using FinXperience, lenders are able to grow origination volumes by 2.5 times, improve pull-through rates by 25 percent, cut down origination costs by 35 percent and reduce the average loan close time by 14 days. Hassan Rashid, CRO of Tavant, said, “Launching a new, customer-focused platform provides FirstBank a significant competitive advantage in an increasingly fierce market. FinXperience empowers the Bank with a design-centric approach and enables a seamless, device-agnostic experience to meet evolving customer expectations. This initiative will accelerate FirstBank’s digital transformation journey and further improve the overall home buying experience for their customers while optimizing existing business processes and functions.” FirstBank joins Tavant’s growing customer base which originates one out of every four loans in the U.S. The Tavant VΞLOX suite of products solves the most complex lender and borrower challenges while maximizing data-driven processes. About ConsumerDirect Mortgage, A Division of First Bank ConsumerDirect Mortgage, a division of FirstBank, is a multi-billion dollar national originator. FirstBank is a publicly-traded, 100-year-old, Community Bank headquartered in Nashville, Tenn. About FB Financial Corporation FB Financial Corporation (NYSE: FBK) is a bank holding company headquartered in Nashville, Tennessee. FB Financial operates through its wholly-owned banking subsidiary, FirstBank, the third largest Tennessee-headquartered community bank, with 67 full-service bank branches across Tennessee, North Alabama and North Georgia, and mortgage offices across the Southeast. FirstBank serves five of the largest metropolitan markets in Tennessee and has approximately $6.0 billion in total assets. Find Tavant on LinkedIn and Twitter.
Tavant Named to 2019 IDC Fintech Rankings
SANTA CLARA, Calif., Sept. 24, 2019 Tavant, a Silicon Valley-based provider of AI-powered digital lending technologies, announced today it has been named to the 2019 IDC FinTech Rankings, the most comprehensive vendor ranking within the financial services industry. The annual IDC Financial Insights FinTech Rankings recognizes companies that are among the top financial technology providers worldwide and includes rankings of top global technology providers to financial institutions. The rankings are based on 2018 calendar year revenues of hardware, software and IT services from financial institutions. Global providers of financial technology in hardware, software and services are categorized and evaluated by IDC to determine key players in the space. “IDC is honored to recognize the technology providers that appear on the 16th annual FinTech Rankings,” said Marc DeCastro, Research Director at IDC Financial Insights. “These are the companies that have shown commitment to the financial services institutions and their appearance on the list is a testament to that dedication.” Now in its 16th year, the IDC FinTech Rankings categorize and evaluate the top global providers of financial technology based on calendar year revenues from financial institutions for hardware, software and/or services. These providers supply the technological backbone of the financial services industry, an industry in which IDC Financial Insights forecasts worldwide spending on IT across the globe to reach half a trillion dollars by 2020. “Being named in the IDC FinTech Rankings is a significant accomplishment, demonstrating a provider’s commitment to the success of its financial institution clients,” states Marc DeCastro, Research Director at IDC Financial Insights. “The IDC Fintech Rankings, now in its 16th year, is the global standard list of fintech providers to the industry, and we congratulate the 2019 winners.” The annual IDC FinTech Rankings has become an important measure of the health and direction of technology in the industry and the emergence of innovative solutions from new players. In addition, the IDC FinTech Rankings serve as a critical tool for financial institutions and companies to use during strategic planning and to review whenever they consider new investments in third-party solutions. Tavant and the additional vendors featured in the 2018 IDC FinTech Rankings lead the charge in guiding financial institutions toward successfully executing digital transformation initiatives in an increasingly digital economy. “IDC Financial Insights is widely recognized as a thought leader at the forefront of our industry and we are honored to be included in its annual fintech ranking,” said Hassan Rashid, CRO, Tavant. “This recognition is a testament to our ongoing commitment to innovation and providing our customers a competitive edge in an increasingly demanding market. Tavant’s vision from day one has been focused on providing unparalleled solutions to meet the business goals of our customers. We have achieved this by consistently focusing on our people, the passion we bring to the partnerships and all-round excellence in everything we undertake.” Tavant’s growing customer base originates one out of every four loans in the U.S. Tavant’s VΞLOX suite of products solves many lender and borrower challenges, while maximizing data-driven processes. Find Tavant on LinkedIn and Twitter.
Tavant to Showcase FinLeads, a Revolutionary Customer Engagement and Acquisition Platform at the Digital Mortgage 2019 Conference
SANTA CLARA, Calif., September 19, 2019 Tavant, a leading digital products and solutions company for the lending industry, today announced that it is participating at the Digital Mortgage 2019 Conference to be held on September 23 and 24 at Wynn, Las Vegas. FinLeads is a part of Tavant VΞLOX, the mortgage industry’s leading AI-powered digital lending suite of products. FinLeads, a one-stop-shop solution for sales and marketing, harnesses data from multiple systems of record and delivers that information to your customer-facing teams; subsequently, redefines the customer journey. This robust customer engagement and acquisition platform leverages intelligent algorithms to streamline and personalize the ‘lead to loan’ journey. The solution customizes the Salesforce platform’s out-of-box functionalities to provide a consolidated 360° view of the customer engagement journey across multiple channels. Tavant will also be moderating a panel discussion revolving around Redefining the Borrower Experience by Leveraging Design Thinking Best Practices from Outside Mortgage on September 23, 4:20 p.m. – 4:55 p.m. “The mortgage industry is grappling with a multitude of challenges: digital-led shifts in operating models, increasing loan origination and servicing costs, and stringent regulations. Besides, customers are gravitating more towards digital experiences and digital products. Lenders need to have a clear digital CX strategy if they do not want to miss the boat. Tavant VΞLOX is an AI-powered, data-driven, omnichannel digital lending platform for lenders. VΞLOX delivers an exceptional customer experience and enhances trust while reducing time and cost of the lending process through intelligent automation, improved fulfillment efficiency, increased collaboration, and overall digital simplification,” said Hassan Rashid, CRO, Tavant. “Our years of experience in mortgage technologies, the right mix of operational and digital capabilities such as Artificial Intelligence, RPA, and a strong focus on customer journey have enabled us to engineer the VΞLOX suite of products to ensure the maximum impact to all stakeholders in a mortgage life cycle,” Rashid added. Tavant’s lending products and platforms are transforming lenders into intelligent digital lending enterprises. Its suite of solutions provides the flexibility and scale that helps deliver immersive lending journeys and seamless omnichannel experience. Tavant is focused on delivering innovative solutions that offer game-changing results for the financial industry. Every element of the loan lifecycle is now AI-enabled and digital with VΞLOX. Meet Tavant at Kiosk K505 and K700 to learn how VΞLOX maximizes the use of data-driven processes to automate the loan origination lifecycle fully. Email us at [email protected] to schedule a meeting. About Tavant VΞLOX Tavant VΞLOX is the industry’s leading AI-powered digital lending suite of products that maximizes the use of data-driven processes in the automation of the loan origination lifecycle. It brings true digital disruption to the mortgage industry with an immersive omnichannel experience and high-velocity execution: from loan discovery to loan funding to loan servicing. Find Tavant on LinkedIn and Twitter.
Aasif Mohammad, Tavant, Wins 2019 HousingWire Insiders Award
SANTA CLARA, Calif., Sep 5, 2019 Tavant, a leading digital products and solutions company for the lending industry, today announced that Aasif Mohammad, Senior Engineering Manager, has been named a 2019 Insiders Award™ recipient by HousingWire (HW) magazine. Aasif was recognized for bridging the gap between the technical intricacies of implementation with the ability to apply in-depth product knowledge that moves businesses forward. His valuable skillset marries two traditionally independent groups, allowing him to provide unique solutions to challenges or issues with a broader perspective than most. Aasif leverages this breadth of knowledge to engage with executive management, business teams, and technology leadership across Tavant and throughout the mortgage industry. Aasif is instrumental in leading various critical client engagements that include: A long-term tech transformation initiative to develop a next-gen enterprise underwriting platform for a mortgage insurer Green-field development of point of sale systems targeted towards millennials for a mortgage lender A custom platform for file review for a real estate services company Aasif is currently spearheading implementation at a top seven national lender for Tavant VΞLOX, an AI-powered digital lending suite of products that is solving the most complex lender and borrower challenges. “Tavant operates on nine core values, all of which Aasif has unfailingly demonstrated throughout the years. When we opened our office in Dallas, it was Aasif who moved first and was looked upon as a true personification of the company’s core values by our new employees. He has been awarded the ‘Tavant Excellence Award’ multiple times as well as the ‘Finding Optimism Award’ for his optimism, positivity, and ability to motivate others. He is consistently willing to take on additional responsibilities, whether it is organizing cultural, sports, technical events, or developing new products in the VΞLOX suite. He has never failed to impress us with his dedication, ideas, and overall exemplary performance,” said Hassan Rashid, CRO, Tavant. Read the original article here. Winners are profiled in the September issue of HousingWire magazine. To view the complete listing of award honorees, visit https://www.housingwire.com/articles/49941-here-are-housingwires-2019-insiders. About HousingWire HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 40,000 newsletter subscribers daily and over 4 million unique visitors each year. Our audience of mortgage, real estate, financial services and fintech professionals rely on us to Move Markets Forward. Visit https://www.HousingWire.com or https://www.solutions.housingwire.com to learn more. Find Tavant on LinkedIn and Twitter.
Tavant Invited to Speak at Western Secondary Market Conference 2019
SANTA CLARA, Calif., July 16, 2019 Tavant, a leading digital products and solutions company for the consumer lending industry, today announced that it is exhibiting at the Western Secondary Market Conference, from July 15-17, 2019, San Francisco. Mohammad Rashid, Tavant’s head of consumer lending practice will speak at the panel discussion titled ‘Profitability – Top areas of focus for independent mortgage bankers’ at Colonial Room, Westin St. Francis Hotel on Tuesday, July 16 at 10:30 a.m. At the conference, Tavant will demonstrate solutions that leverage machine learning and process automation techniques to bring a higher degree of loan fungibility in the secondary market. Tavant will also provide an exclusive preview of its AI-powered digital lending platform, TAVANT VΞLOX. VΞLOX brings a best-in-class fully personalized and device-agnostic user experience while reducing significant costs in the origination process. This AI-powered digital lending platform provides a single, integrated, hierarchy-based view of the entire pipeline, and provides lenders with the ability to drive the lending transaction seamlessly. Tavant’s VΞLOX suite of products optimizes the back-office, simplifies mid-office, and transforms the front-end consumer experience into an efficient digital data flow. The suite enables clients to enhance borrower functionalities through FinXperience, deliver actionable customer and business insights based on deep learning models through FinSights, and improve collaboration between realtors, loan officers, and consumers with FinConnect. “The idea that superior borrowing experience leads to profitability and growth resonates with nearly everyone. Most lenders intuitively know to stay ahead; they need to focus more on meeting the needs of borrowers through digital mortgage capabilities. However, they don’t always measure the impact of their technology and their system investments on the consumer. We are dedicated to solving these challenges with deep industry expertise coupled with a variety of products on a single platform, specifically designed to enhance the overall digital customer experience,” said Vibhor Mishra, Tavant’s head of marketing. “Great customer experiences don’t happen by accident. Organizations need to develop a customer-experience vision and a plan to reach there. The Tavant VΞLOX suite of products enables a seamless channel, device, and interaction-agnostic experience across the loan application process. It creates a delightful customer journey and a seamless omnichannel experience. The suite helps businesses to grow origination volumes by 2.5X, improve pull-through rates by 25%, reduce origination costs by 35%, and reduce the average loan close time by 14 days,” stated Mohammad Rashid, Tavant’s head of consumer lending practice. Meet Tavant at Westin St. Francis, Booth #103 or e-mail us at [email protected] to set up a meeting with a Tavant expert or schedule a demo. About Tavant VΞLOX Tavant VΞLOX is the industry’s leading AI-powered digital suite of products that maximizes the use of data-driven processes in the automation of the loan origination lifecycle. It brings true digital disruption to the mortgage industry with an immersive omnichannel experience and high-velocity execution: from home discovery to loan funding. Find Tavant on LinkedIn and Twitter. Media Contact: Vibhor Mishra Tavant 408.519.5400 | [email protected]
Tavant Presents Mortgage Mavericks on the Midway during California Mortgage Bankers Association’s Premiere Mortgage Innovators Conference
SANTA CLARA, Calif., July 16, 2019 Tavant, a Silicon Valley-based provider of AI-powered digital lending technologies, today announced it is the exclusive event sponsor of the California Mortgage Bankers Association’s (CMBA) inaugural Mortgage Innovators Conference (MIC) taking place Aug. 11 – 13, 2019 in San Diego. This is the only industry conference specifically designed to highlight and bring together top innovators. During the conference, Tavant is presenting a special “Mortgage Mavericks” event aboard the USS Midway aircraft carrier, featuring live music, food and an opportunity to network with industry insiders and innovators. The MIC will feature speakers and companies that will provide practical innovation and improvement strategies for mortgage banking and digital mortgage implementation. Featuring engaging topics from Day 1 Certainty® to blockchain, the event will include presentations from industry insiders and will showcase demonstrations of leading technology solutions and platforms. Chuck Iverson, board member and conference chair for California MBA, said, “Tavant is the first name I think of when it comes to innovation and thought leadership in our industry. They are leading by example and have been instrumental in pushing the industry forward in this digital era. I am so pleased that we are partnering with them to share their unique industry perspective and insights regarding the critical role of innovation to the industry’s future success.” Iverson along with Tavant’s CEO, Sarvesh Mahesh, will kick-off the three-day event with an interactive discussion regarding what lenders need from their technology providers, as well as examining best practices from other industries and discussing how those principles can be applied within the lending market. Atul Varshneya, vice president, Tavant, is also hosting a “tech-talk” discussing how machine learning and artificial intelligence (AI) will shape the lending industry. Additionally, dozens of modern, innovative lending solutions and platforms will be demonstrated during the conference including Tavant’s AI-powered digital lending suite of products, Tavant VΞLOX. According to Tavant, digital lending continues to rapidly gain momentum, making this event both timely and relevant to all lenders. In fact, the company recently announced its expanding customer base originate one out of every four loans in the U.S., indicating the growing demand for digital solutions that are both flexible and scalable, but most importantly, provide a seamless customer experience. Attendees will also hear from recognized industry brand leaders regarding the latest trending topics, and will have the opportunity to participate in: “Tech-talk” presentations from industry’s top innovators, Demos from industry’s best-in-class companies, Presentations from Fannie Mae and Freddie Mac providing highlights of their innovation strategies, and The Innovation Lab, a technology meeting space for collaboration with industry partners and providers. Other featured topics of discussion include: How to turn big data into actionable intelligence, How will the customers experience change in five years, The “e” space: notes, closing, notary, and Strategies to improve execution and delivery. “We felt compelled to be involved with such an important industry conference,” said Vibhor Mishra, head of marketing, Tavant. “Like the California MBA, we are committed to innovation and to providing our customers a competitive edge in an increasingly demanding market. We will be discussing pivotal topics that will impact every stakeholder involved in the mortgage process. This is a unique event that allows lenders and investors to explore future strategies and share ideas with the industry’s best and brightest technology providers. I am pleased to partner with the California MBA in sponsoring this event and look forward to collaborating with the industry’s best and brightest during the Mortgage Innovators Conference.” Find Tavant on LinkedIn and Twitter.
Tavant’s Digital Lending Business Reports Surge in Growth and Increased Adoption
SANTA CLARA, Calif., June 20, 2019 Tavant, a Silicon Valley-based provider of AI-powered digital lending technologies, today announced it has achieved a company milestone reporting record growth of its lending business as momentum grows within the industry for digital technology. Rapidly gaining market share, Tavant’s expanding customer base originate one out of every four loans in the U.S. In response, the company appointed industry veteran, Prashant Kumar, to further drive and expand new business efforts. Sarvesh Mahesh, CEO of Tavant, said, “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. Our team’s in-depth knowledge, coupled with our suite of digital lending tools enables us to solve the day-to-day operational issues, as well as the more complex challenges facing today’s lender.” Building on the continued growth and momentum in the lending industry, Tavant is investing in continued innovation of Tavant VΞLOX, the company’s digital lending suite of products. This will ensure the products will continue to provide leading lenders with a solution that is flexible, able to scale and most importantly, provides a superior customer experience in a modern, digital environment. Mahesh, continued, “This further demonstrates our commitment to innovation and to providing our customers a competitive edge in an increasingly demanding market. While the term business partner is often overused, it remains an important guiding principle for our organization. We value collaboration and building long-term partnerships and as such, our customers view us as much more than technology providers, but rather an extension of their team, a trusted advisor. We’ve assembled a team of the lending industry’s best and brightest individuals and are pleased to welcome Prashant to our team. His unique industry experience will prove invaluable in leading this new endeavor.” Kumar brings more than 25 years of mortgage, auto lending and personal finance industry expertise to the position and is a proven leader in the financial services arena. In his role, Kumar oversees the management and growth of Tavant’s global consumer lending efforts, including North America, Europe and Asia-Pacific. Throughout his career, Kumar has consistently driven business growth while increasing profit margins, productivity, and quality. Find Tavant on LinkedIn and Twitter.
Tavant FinLeads Chosen By NewRez To Transform Lead Engagement
SANTA CLARA, Calif., April 4, 2019 Tavant, a leading digital products and solutions company for the lending industry, today announced that NewRez LLC (formerly known as New Penn Financial), a leading national mortgage lender, has successfully rolled out its new customer acquisition platform powered by FinLeads to boost its lead management process. The solution will enable NewRez to maximize lead potential and accelerate closures. FinLeads, a component of the Tavant VΞLOX suite, is a robust customer engagement and aggregation platform that leverages intelligent algorithms to automate, streamline, and personalize the ‘lead to loan’ journey. The product customizes the CRM platform’s out-of-box capabilities and provides a consolidated 360° view of the customer engagement journey and management of the journey across multiple channels. It helps businesses streamline funnel management and improve operational efficiencies. “FinLeads allows organizations to engage their prospective customers, enables data-driven decision making, and empowers them with complete control over the customer journey,” said Hassan Rashid, Tavant’s Chief Revenue Officer. “We look forward to our continued partnership with NewRez to optimize their sales and marketing funnel and increase ROI while helping them accelerate their digital journey.” “Lack of visibility into the sales pipeline, multiple lead providers, and disparate data sources constrain the organization. This has impacted our top line revenue and bottom-line operational productivity. We have increased our operational efficiencies and improved our loan officers’ productivity with Tavant FinLeads’ omnichannel customer engagement functionality coupled with powerful Salesforce capabilities. Onboarding to FinLeads has helped us gain an integrated view of pipelines across our office locations nationwide, enabling us to improve sales productivity and increase per LO application rate by 30% in the first three months,” said David Haggert, Chief Marketing Officer, NewRez. About NewRez LLC NewRez LLC (NewRez), formerly New Penn Financial, LLC, is a leading nationwide lender that focuses on offering a breadth of industry-leading products, supported by a loan process that blends both human interaction and the benefits of technology into unparalleled customer experience. Founded in 2008 and licensed to lend in 49 states, NewRez is headquartered in Plymouth Meeting, Pennsylvania and operates multiple lending channels, including Wholesale, Correspondent Lending, Direct-to-Consumer, Retail, and a network of Joint Venture partners. NewRez is a Shellpoint Partners company and a member of the New Residential Investment Corp. family. More information is available at newrez.com. About Tavant VΞLOX Tavant VΞLOX is the industry’s leading AI-powered 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 simple omnichannel experience and high-velocity execution: from home discovery to home ownership. Find Tavant on LinkedIn and Twitter. Media Contacts: Vibhor Mishra Tavant 408.519.5400 | [email protected]
2019 HW Tech100 winner: Tavant
April 1, 2019 Tavant VELOX is an artificial intelligence-powered digital lending platform with intelligent automation, fulfillment efficiency improvement, and overall digital simplification. Tavant’s products are full life cycle digital lending solutions and drive collaboration among all key participants in the real estate acquisition and lending process. FinXperience is the flagship platform in the Tavant VELOX suite of products. The FinXperience platform provides a full digital loan process from lead F1management, electronic disclosures, detailed loan status, conditions management, document upload and comprehensive alerts/notifications across the lending value chain. Those using FinXperience saw a 60% growth in consumer engagement on the portal, with over 70% submitting their loans through the point of sale platform.
ServiceLink’s EXOS Technologies and Tavant Partner to Amplify Digital Strategy
PITTSBURGH, Pa, April 1, 2019 ServiceLink’s EXOS Technologies has partnered with Tavant, a leading digital products and solutions company. Tavant’s AI-powered digital lending platform – VΞLOX, which has processed more than four million digital mortgage transactions, is integrating with EXOS Title, EXOS Valuations and EXOS Close. EXOS offers unparalleled transparency into the mortgage origination process through a focus on critical digital consumer touchpoints. The integration of cutting-edge technology and self-serve capabilities has resulted in a reduction in title and appraisal turn times and an increase in operational efficiencies and consumer satisfaction. “EXOS is an industry utility that can be leveraged through multiple points within the loan manufacturing process,” said Kiran Vattem, Chief Digital and Technology Officer at ServiceLink. “We’re confident that EXOS will be a great addition to Tavant’s robust package of products.” Tavant, which provides solutions for every stakeholder in the lending life cycle, will use EXOS to support its first mortgage and home equity lines of business. Tavant VΞLOX is the industry’s leading AI-powered digital lending platform that maximizes the use of data-driven processes in the automation of the loan origination lifecycle. “This partnership rounds out our offerings. It brings together the greatest technologies the mortgage industry has to offer,” said Hassan Rashid, Chief Revenue Officer for Tavant. “Scheduling appraisals on the front-end makes it more easily accessible and we are eager to see the value that EXOS provides to that platform and the entire loan intake process.” About EXOS Technologies EXOS is the leader in providing cloud-based digital technologies to real estate lenders and servicers. EXOS Technologies transform consumers’ digital expectations around the mortgage experience through mobile apps, voice interaction, APIs, Predictive Analytics and AI. EXOS products include Title, Appraisal, Closing and Servicing – extending and enhancing critical consumer digital touchpoints throughout the entire mortgage lending life cycle. EXOS reduces cycle times, improves quality and enhances a lender’s relationship with their consumer. To learn more about EXOS, please visit https://www.meetexos.com/. Find Tavant on LinkedIn and Twitter.
Tavant Upgrades Integration with Optimal Blue’s Real-Time Scenario Pricing API to Significantly Enhance the Home Shopping Experience
SANTA CLARA, Calif., March 26, 2019 Tavant, a leading digital products and solutions company for the consumer lending industry, today announced the next level of integration between Tavant VΞLOX, its AI-powered digital lending platform, and Optimal Blue’s industry-leading product eligibility and pricing engine. The upgraded integration creates new efficiencies throughout the loan lifecycle and quickly converts leads into loans. The integration of VΞLOX with Optimal Blue’s real-time Scenario Pricing API provides immediate access to accurate and compliant product, eligibility, and pricing information at the point of sale — maximizing efficiency in the loan life cycle while minimizing the potential for error. Tavant VΞLOX brings a best-in-class, fully personalized user experience through any business channel while removing significant costs from the loan origination process. The platform facilitates a single, integrated, hierarchical view of the entire loan pipeline and provides lenders with the ability to drive the lending process seamlessly. Together, the companies provide loan originators the ability for multi-system product and pricing distribution to offer borrowers a more personalized and customized exchange. Additionally, the integration reduces the amount of manual intervention, raising process efficiency and data accuracy across the supported loan process. “We are delighted about our partnership with Optimal Blue. By leveraging Optimal Blue’s pricing and lock automation, Tavant has taken a major step towards eliminating traditional inefficiencies and advancing the industry’s digital mortgage agenda,” said Hassan Rashid, CRO, Tavant. “The real-time integration between Optimal Blue’s product eligibility and pricing engine and Tavant’s VΞLOX platform is a great example of how modern, yet disparate systems can interact as one and deliver better user experience and new efficiencies,” explained Bob Brandt, Vice President of Marketing and Alliances at Optimal Blue. “The partnership between our organizations will continue to grow and remain focused on creating a better loan process for our mutual clients.” About Tavant Headquartered in Santa Clara, California, Tavant 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. Tavant is creating an AI-powered intelligent lending enterprise by reimagining customer experiences, driving operational efficiencies and improving collaboration. Find Tavant on LinkedIn and Twitter. About Optimal Blue Optimal Blue, a financial technology company, operates the nation’s largest Digital Mortgage Marketplace, connecting a network of originators and investors and facilitating a broad set of secondary market interactions. The company’s technology solutions include product eligibility and pricing, lock desk automation, risk management, loan trading, and data and analytics. More than $750 billion of transactions are processed each year across the Optimal Blue platform. For more information, visit www.optimalblue.com. Media Contacts: Tavant Vibhor Mishra Tavant 408.519.5400 | [email protected] OPTIMAL BLUE Robert BrandtVP, Marketing & Alliances (469) 609-5585 [email protected]
Tavant Announces Partnership with Ellie Mae and Integration of its POS with the Ellie Mae Digital Lending Platform
SANTA CLARA, Calif., March 8, 2019 Tavant, a leading digital products and solutions company for the lending industry, today announced a partnership with Ellie Mae® to drive quality and efficiency in the loan origination process and deliver a streamlined experience for consumers and lenders. The enhanced partnership includes the following elements: Tavant is a trusted Ellie Mae Integrated Partner that helps lenders accelerate the deployment, customization, and adoption of the Ellie Mae Digital Lending Platform and Encompass® FinXperience, the flagship product in the Tavant VΞLOX platform, is upgrading its existing integration to Encompass. FinXperience will leverage Partner Connect API technology to provide a secure, bi-directional integration that enables a truly digital experience and the ability to deliver personalized borrower journeys. It allows lenders to easily transfer information between the two systems while improving quality and process efficiency. “Tavant is delighted to build a wide-ranging partnership with Ellie Mae. Tavant’s unparalleled industry knowledge coupled with Ellie Mae’s powerful mortgage technology platform and implementation expertise will simplify the mortgage process for lenders. This partnership is helping us provide a comprehensive digital mortgage solution to our mutual customers,” said Mohammad Rashid, Tavant’s Head of Consumer Lending Practice. Ellie Mae is the leading cloud-based platform provider for the mortgage finance industry. The Encompass® digital mortgage solution provides one system of record to enable banks, credit unions, and mortgage lenders to originate more loans, reduce origination costs, and reduce the time to close, all while ensuring the highest levels of compliance, quality, and efficiency. About Tavant Headquartered in Santa Clara, California, Tavant 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. Tavant is creating an AI-powered intelligent lending enterprise by reimagining customer experiences, driving operational efficiencies and improving collaboration. Find Tavant on LinkedIn and Twitter. Media Contact: Vibhor Mishra Tavant 408.519.5400 | [email protected]
Tavant Invited to Speak at LendingUP Conference in Prague
Tavant announces being invited to speak at the LendingUp conference organized in Prague, 7-8 March 2019. Mohammad Rashid to deliver a session there.
Tavant’s Thought Leadership at the Australian Mortgage Innovation Summit
SANTA CLARA, Calif., February 22, 2019 Tavant, a leading digital products and solutions company for the consumer lending industry, today announced that it has been invited to speak at the tenth annual Australian Mortgage Innovation Summit, February 27 – 28, 2019, Sydney. Tavant will showcase its disruptive digital lending solutions that will redefine customer experiences. Tavant will provide an exclusive preview of its AI-powered digital lending platform, TAVANT VΞLOX. VΞLOX brings a best-in-class fully personalized and device-agnostic user experience while reducing significant costs in the origination process. This AI-powered digital lending platform provides a single, integrated, hierarchy-based view of the entire pipeline and provides lenders with the ability to drive the lending transaction seamlessly. Sarvesh Mahesh, CEO, Tavant will be a panelist at the session titled ‘Emerging technologies: What do they mean for the mortgage industry?’ on February 28 at 10:10 a.m. “Changing customer behavior and advanced data and insights are transforming the lending industry. Organizations need to leverage digitization and analytics to provide superior customer experiences – giving customers what they exactly want, when and where at an attractive and profitable price,” said Vibhor Mishra, Tavant’s head of marketing. “Our mortgage solution leverages the power of predictive analytics and retention intelligence to increase efficiency, maximize customer retention while consistently decreasing churn and improving the bottom line,” Mishra substantiated. Call 1300 137 439 (Toll-free) or email [email protected] to schedule a meeting with our experts. About Tavant 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. Tavant is creating an AI-powered intelligent lending enterprise by reimagining customer experiences, driving operational efficiencies and improving collaboration. Find Tavant on LinkedIn and Twitter. Media Contacts: Vibhor Mishra Tavant 408.519.5400 | [email protected]
Docutech and Tavant Announce Integration for Digitally-Focused Loan Origination Process
SCOTTSDALE, AZ, December 12, 2018 Docutech, the leading provider of document, eSign, eClose, and print fulfillment technology, today announced its collaboration with Tavant, the leading digital mortgage products and platforms company to provide lenders and borrowers with a more efficient and digitized mortgage origination experience. Docutech’s ConformX dynamic document generation engine and Solex eDelivery and eSignature technology will be integrated into Tavant VΞLOX digital lending platform enabling a more modern, digital mortgage experience. Through this integration with FinConnect, a component of VΞLOX, lenders can seamlessly select Docutech as their document provider for a streamlined document integration process. Likewise, borrowers will be able to electronically receive and sign disclosures anytime on any device though Solex by way of Tavant’s consumer direct portal – FinXperience Consumer. According to results published in the J.D. Power 2018 U.S. Primary Mortgage Origination Satisfaction Study, customer satisfaction with primary mortgage originators is up 10 points (on a 1,000-point scale) in 2018. This is driven in part by increased customer utilization of digital and mobile channels. The integration of Docutech and Tavant optimizes the way in which customers can quickly and easily receive, review, and sign initial disclosures and supporting documents in the mortgage origination process. “We are excited to partner with Docutech to provide a seamless, touchless and transparent experience for borrowers and mortgage lenders,” said Sarvesh Mahesh, CEO of Tavant. “This integration will digitally enhance overall customer experience.” Tavant VΞLOX is the industry’s leading AI-powered digital lending platform that maximizes the use of data-driven processes in the automation of the loan origination life cycle. Its components include FinConnect, a mortgage data and services hub that connects the internal and external systems of the mortgage network. “As the drive for a full end-to-end electronic mortgage process continues, Docutech remains dedicated to providing innovative solutions designed to optimize the mortgage experience for both lenders and borrowers,” said Amy Brandt, president and CEO of Docutech. “By integrating with Tavant, we further emphasize this focus on not only enhancing the work of our customers but also the mortgage industry as a whole. Steps like these will assist in the more widespread adoption of a universal digital mortgage process rooted in transparency, efficiency and accuracy.” About Tavant VΞLOX Tavant VΞLOX is the industry’s leading AI 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 loan discovery to loan funding to loan servicing. Find Tavant on LinkedIn and Twitter. About Docutech Docutech offers a wide range of document technology solutions for mortgage, home equity, and consumer lending from document generation to eDelivery, eSign, eClose and print fulfillment. The company sets the standard in providing market-proven technology and unrivaled customer service to the financial industry. Docutech’s knowledge and solutions empower lending professionals to efficiently produce accurate loan packages in all 50 states to ensure compliance with constantly changing laws and regulations. For more information, visit the company’s website at www.docutech.com or follow them on social media at LinkedIn or Twitter @Docutech. MEDIA CONTACT: Stephen Sprayberry For Docutech 678.781.7207 [email protected] MEDIA CONTACT: Vibhor Mishra Tavant 408.519.5400 | [email protected]
Tavant VΞLOX Expands Product Line for the Lending Industry’s Home Equity Line of Business
SANTA CLARA, Calif., December 6, 2018 Tavant, a leading digital products, and solutions company for the consumer lending industry, today announced that it has expanded its VΞLOX platform for the lending industry’s home equity line of business. “Borrowers are increasingly tapping into home equity, and the number of consumers taking out HELOCs or home equity installment loans is significantly rising. It reaffirms our mission to expand VΞLOX to include this rapidly growing market by combining our industry expertise with deep technical capabilities. The Tavant VΞLOX suite of products for home equities enables a seamless channel, device, and interaction-agnostic experience across the loan application process that creates a positive customer journey,” said Hassan Rashid, CRO of Tavant. VΞLOX is the leading AI-powered digital lending platform that is data-driven and drives excellence in the customer experience through streamlined business processes with intelligent automation, improved fulfillment efficiency, and overall digital simplification. FinXperience is the flagship product in the Tavant VΞLOX suite of products. It not only features a direct to consumer interaction and engagement between lenders and their customers but allows for co-browsing with brokers and loan officers. Multiple journeys provide a personalized and seamless experience for the home equity application process for all users in the complete loan lifecycle. “Our goal is to provide a simple and frictionless experience to consumers when they are tapping into their home equity. This not only increases business opportunities for our lenders but also improves the consumer experience. We are very excited to leverage our heuristics research, deep industry knowledge and engineering expertise to disrupt the home equity market,” observed Mohammad Rashid, Tavant’s VP and Head of Consumer Lending. About Tavant VΞLOX Tavant VΞLOX is the industry’s leading AI-powered digital lending platform that maximizes the use of data-driven processes in the automation of the loan origination lifecycle. It brings true digital disruption to the mortgage industry with an immersive omnichannel experience and high-velocity execution: from loan discovery to loan funding to loan servicing. Find Tavant on LinkedIn and Twitter. Media Contact Vibhor Mishra Tavant +1-408-519-5400 [email protected]
Tavant’s Sundeep Mathur Receives 2018 HousingWire Vanguard Award™
SANTA CLARA, Calif., December 4, 2018 Tavant, a leading digital products and solutions company for the consumer lending industry, today announced that the company’s Vice President, Sundeep Mathur has been honored with the 2018 HousingWire Vanguard Award. Mathur was honored for helping lenders create an aligned technology-business strategy to accelerate their digital transformation journey. This enabled lenders to improve efficiency, increase borrower satisfaction, and decrease time to close by adopting Tavant’s leading AI enabled POS solution FinXperience. Subsequently, it helped them to achieve a 40% reduction in operating costs with enhanced customer experience. Mathur was instrumental in launching a Digital Lending Consulting Practice at Tavant and has deep expertise in building effective teams in the workplace. “We are at a unique inflection point in our industry where those who play a prominent role in bridging the gap between technology and business must ensure to focus on squeezing the maturing technology so that they could envision the most innovative possibilities,” said Sundeep Mathur, VP, Consumer Lending, Tavant. “I’m deeply honored to receive this award and thrilled that Tavant is creating seismic shifts in the mortgage industry by delivering impactful solutions,” Mathur substantiated. “As the Vanguards award program continues to grow and become more successful, the entry point gets tighter. These winners are truly the best Vanguards in the mortgage finance industry, and they all deserve the highest honor in the space,” said Jacob Gaffney, Editor-in-Chief, HousingWire. This year, 52 Vanguard Award honorees were chosen by HousingWire’s editors for their vital contributions to the housing industry. Read the original article here. https://www.housingwire.com/articles/47577-hw-vanguard-sundeep-mathur Find Tavant on LinkedIn and Twitter. Media Contacts: Vibhor Mishra Tavant 408.519.5400 | [email protected] About HousingWire: HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 40,000 newsletter subscribers daily and over 4 million unique visitors each year. Our audience of mortgage, real estate, financial services and fintech professionals rely on us to Move Markets Forward. Visit https://www.housingwire.com/ or https://www.solutions.housingwire.com/ to learn more. Media Contacts: Caren Karris Marketing Manager, HousingWire [email protected]
Experian and Tavant join forces to modernize and improve the mortgage origination process for consumers and lenders
Washington, D.C., Oct. 15, 2018 At the Mortgage Bankers Association’s Annual Convention & Expo today, Experian®, the world’s leading information services company, and Tavant, a leading digital mortgage products, and platforms company announced an integration to digitize the loan origination process and create a streamlined experience for consumers and lenders. Now, consumer-verified data from Experian will be integrated into Tavant’s VΞLOX platform, enabling a more streamlined environment to help consumers satisfy mortgage originators’ information needs quickly and securely. According to findings published by the Federal Housing Finance Agency, 18 percent of home loan applicants were forced to redo their paperwork in 2016, and nearly 24 percent ultimately had their closing dates postponed. The new integration with Tavant eliminates the need for consumers to enter and re-enter information manually, saving time and reducing the potential for error. “Traditional mortgage processes are cumbersome. We’re constantly innovating to find new ways to improve the mortgage experience for everyone involved,” said Michele Pearson, general manager, Experian Mortgage. “Through this integration with Tavant, we’re leveraging the power of data to create the secure, efficient experience consumers are looking for while helping lenders make the right decisions, faster.” Tavant VΞLOX is the industry’s leading AI-powered digital lending platform that maximizes the use of data-driven processes in the automation of the loan origination life cycle. Its components include FinConnect, a mortgage data and services hub that connects the internal and external systems of the mortgage network, and FinXperience, a unified immersive experience platform for borrowers, loan officers, wholesale brokers and correspondent sellers. “As more tech-savvy millennials and younger generations pursue a mortgage, we believe lenders will find themselves falling behind if they’re not creating a user-friendly and digital experience for borrowers,” said Hassan Rashid, chief revenue officer at Tavant. “Through this collaboration with Experian, we are creating a simple, touchless and transparent experience for future homeowners and mortgage lenders.” Several leading national lenders, such as Fairway Independent Mortgage, Ditech Financial, CMG Financial and Sierra Pacific Mortgage, are using Tavant VΞLOX to enable digital mortgage transactions. To learn more about Experian’s mortgage business, visit Experian at Booth #339 and Tavant at Booth #243 at the Mortgage Bankers Association’s Annual Conference & Expo or visit www.experian.com/mortgage. Find Tavant on LinkedIn and Twitter. About Experian Experian is the world’s leading global information services company. During life’s big moments — from buying a home or a car, to sending a child to college, to growing a business by connecting with new customers — we empower consumers and our clients to manage their data with confidence. We help individuals to take financial control and access financial services, businesses to make smarter decisions and thrive, lenders to lend more responsibly, and organizations to prevent identity fraud and crime. We have 16,500 people operating across 39 countries and every day we’re investing in new technologies, talented people and innovation to help all our clients maximize every opportunity. We are listed on the London Stock Exchange (EXPN) and are a constituent of the FTSE 100 Index. Learn more at www.experianplc.com or visit our global content hub at our global news blog for the latest news and insights from the Group. Experian and the Experian marks used herein are trademarks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein are the property of their respective owners.
Tavant VΞLOX Helps Support PennyMac Loan Services
SANTA CLARA, Calif., October 15, 2018 Tavant, a leading digital products, and platforms company announced today that it has launched an advanced digital mortgage solution for PennyMac Loan Services (PLS). Fueled by Tavant VΞLOX, a leading lending technology platform, the solution supports a data-driven mortgage platform and is expected to drive a superior experience for customers and partners through more streamlined automation, improved loan fulfillment efficiency and overall digital simplification. “We are proud of our partnership with PennyMac, one of the leading residential mortgage companies in the United States,” said Hassan Rashid, Tavant’s CRO. “We have developed an intuitive mortgage origination process by simplifying and personalizing the customer experience.” By optimizing online engagement, the new platform delivers a fluid experience to customers and maximizes the use of data-driven processes. It is expected to enhance the loan application intake through the consumer and broker channels, further improve operations productivity and reduce loan cycle times. “Our vision is to deliver superior value to our customers and business partners,” said Jim Follette, Senior Managing Director and Chief Mortgage Fulfillment Officer for PennyMac Loan Services, LLC, an indirectly controlled subsidiary of PennyMac Financial Services, Inc. (NYSE: PFSI). “We believe Tavant’s digital experience will help contribute to long-term customer excitement. We are optimistic that, with future enhancements, this product will continue to support our drive to successfully grow and strengthen our leadership position in the market.” About Tavant VΞLOX Tavant VΞLOX is the industry’s leading AI-powered 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 loan discovery to loan funding to loan servicing. Find Tavant on LinkedIn and Twitter. Media Contact: Vibhor Mishra Tavant 408.519.5400 | [email protected]
Tavant Selected by HOMESTAR for Digital Transformation
SANTA CLARA, Calif., September 25, 2018 Tavant, a leading digital products, and solutions company for the consumer lending industry, today announced that Homestar Financial Corporation has chosen the Tavant VΞLOX platform to transform its digital mortgage experience through a seamless fusion of lead lifecycle management, collaboration and personalized customer journeys. Tavant’s VΞLOX suite of products optimizes the back-office, simplifies mid-office, and transforms the front-end consumer experience into an efficient digital data flow. The Tavant VΞLOX platform will enable HOMESTAR to enhance borrower functionalities through FinXperience, streamline and optimize lead acquisition and engagement through FinLeads, and improve collaboration between realtors, loan officers, and consumers with FinConnect. “Tavant has deep mortgage industry experience, and this partnership will help us provide an even higher level of service to our customers. The new platform will give borrowers a streamlined, easy-to-use, secure digital portal for completing the loan application and uploading documents necessary to secure a mortgage. The platform will offer all involved parties time-saving abilities to bring data quickly and seamlessly from third-party sources, extract data from documents, and reduce input errors. In short, the new digital platform is designed and built to make the human to human transaction better than ever. The more advanced capabilities in the Tavant platform will help us shorten the loan processing time and provide loan status updates like never before,” said Walt Carter, Chief Digital Officer of HOMESTAR. “Tavant is excited to partner with HOMESTAR to deliver an exceptional mortgage experience with greater agility, security, and flexibility. This strategic partnership will bring to life a consolidated system that is powered by VΞLOX and customized to HOMESTAR’s needs,” said Hassan Rashid, CRO, Tavant. Tavant’s lending products and platforms are transforming lenders into intelligent digital lending enterprises. Its suite of solutions provides the flexibility and scale that helps deliver immersive lending journeys and a seamless omnichannel experience. Tavant is focused on delivering innovative solutions that offer game-changing results for the financial industry. Every element of the loan lifecycle is now digital with VΞLOX. About Tavant VΞLOX Tavant VΞLOX is the industry’s leading AI 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 loan discovery to loan funding to loan servicing. Find Tavant on LinkedIn and Twitter. About HOMESTAR HOMESTAR is a full-service mortgage banker controlling every aspect of the loan process with in-house processing, underwriting, closing, and funding of each mortgage transaction. Having an in-house team separates HOMESTAR from other mortgage companies because it is easier for HOMESTAR mortgage lenders to communicate quickly and effectively with every department needed to close a transaction. HOMESTAR is licensed in 21 states with over 80 active branches. HOMESTAR is the #1 Mortgage Purchase Lender in Georgia for 2017 and ranked one of the Top 100 Mortgage Purchase Lenders Nationwide for 2017. HOMESTAR has also held the title of #1 USDA Mortgage Lender in Georgia for the past 8 years and the #1 FHA Mortgage Purchase Lender in Georgia for the past 4 years. Our purpose is to maintain a strong reputation as an honest mortgage company offering outstanding customer service, exceptional community relationships, and a high level of employee satisfaction. We strive as a company to meet the needs and wants of our customers, ensuring their arrival at “the easiest way home.” NMLS #70864. Georgia Residential Mortgage Licensee #17368. Corporate office located at 332 Washington ST. NW Gainesville, GA 30501. Media Contact: Vibhor Mishra Tavant Technologies 408.519.5400 | [email protected]
Tavant VΞLOX Selected by New Penn Financial to Transform its Digital Lead Engagement Processes
Tavant Invited to Speak on Artificial Intelligence at the Digital Mortgage Conference 2018
SANTA CLARA, Calif., Sep 14, 2018 Tavant, a leading digital products, and solutions company for the consumer lending industry, today announced that it is participating at the Digital Mortgage 2018 Conference to be held on September 17 and 18 at the Cosmo, Las Vegas. Tavant will be showcasing its technological capabilities in the mortgage industry with its flagship AI-powered digital lending platform, VΞLOX. Dr. Atul Varshneya, VP, Artificial Intelligence, will speak at the panel discussion titled ‘Alexa, Siri, and the World of Virtual’ on Monday, September 17 from 3:45 – 4:15 p.m. “Digital technology is transforming the financial landscape. If lenders don’t have a clear digital customer experience strategy, they are absolutely missing the boat. Tavant VΞLOX is an AI-powered, data-driven, omnichannel digital lending platform for lenders. VΞLOX delivers an exceptional customer experience and enhances trust while reducing time and cost of the lending process through intelligent automation, improved fulfillment efficiency, increased collaboration, and overall digital simplification,” said Vibhor Mishra, Tavant’s head of marketing. “Our years of experience in mortgage technologies and digital capabilities such as AI, RPA, and a strong focus on customer journey have enabled us to engineer the VΞLOX suite of products to ensure the maximum impact to all stakeholders in a mortgage life cycle,” Mishra added. Tavant’s lending products and platforms are transforming lenders into intelligent digital lending enterprises. Its suite of solutions provides the flexibility and scale that helps deliver immersive lending journeys and a seamless omnichannel experience. Tavant is focused on delivering innovative solutions that offer game-changing results for the financial industry. Every element of the loan lifecycle is now AI enabled and digital with VΞLOX. Meet Tavant at Kiosk K424 and meeting suite 1545 to learn how VΞLOX maximizes the use of data-driven processes to automate the loan origination lifecycle fully. Email us at [email protected] to schedule a meeting. About Tavant VΞLOX Tavant VΞLOX is the industry’s leading AI-powered digital lending platform that maximizes the use of data-driven processes in the automation of the loan origination lifecycle. It brings true digital disruption to the mortgage industry with an immersive omnichannel experience and high-velocity execution: from loan discovery to loan funding to loan servicing. Find Tavant Technologies on LinkedIn and Twitter.
Tavant FinConnect Sets New Industry Benchmark
SANTA CLARA, Calif., September 12, 2018 Tavant, a leading digital products and platforms company, today announced that FinConnect, its mortgage data integration hub, has reached a new milestone of processing over two million digital mortgage transactions in less than six months of crossing the one million mark. FinConnect is a component of Tavant VΞLOX – industry’s leading AI-powered digital lending platform. Several leading national lenders such as PennyMac Financial Services, Inc., Fairway Independent Mortgage, Ditech Financial, CMG Financial and Sierra Pacific Mortgage are using FinConnect to enable digital mortgage transactions. FinConnect is a mortgage data and services hub that connects the internal and external systems of the mortgage ecosystem to enable a complete digital mortgage experience. It has over 100 connectors from more than 50 service providers such as CoreLogic, ComplianceEase, Finicity, FormFree, Envestnet | Yodlee and all the mortgage insurance providers. “Achieving the 2 million transactions milestone is a testament to the rapidly growing adoption of FinConnect by the mortgage industry. Tavant solutions and platforms are now touching about 23% of the loans originated in the U.S.,” said Hassan Rashid, CRO, Tavant. “FinConnect supplies on-demand data directly from the information source, enabling a simple, touchless, and transparent digital mortgage experience for the borrower. It is a flexible, agile, powerful, efficient, secure, streamlined, cost-effective cloud-native mortgage industry data hub,” Rashid substantiated. About Tavant VΞLOX and FinConnect Tavant VΞLOX is the industry’s leading AI-powered 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 loan discovery to loan funding to loan servicing. 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™ designated vendors. FinConnect supplies on-demand data directly from the information source, enabling a simple end-to-end digital mortgage experience for the borrower. Find Tavant Technologies on LinkedIn and Twitter. Media Contacts: Vibhor Mishra Tavant Technologies 408.519.5400 | [email protected]
Tavant to Showcase its AI-Powered Digital Lending Platform, VΞLOX, at the Optimal Blue Client Conference 2018
SANTA CLARA, Calif., September 11, 2018 Tavant, a leading digital products and solutions company for the consumer lending industry, today announced that it is exhibiting at the Optimal Blue Client Conference, from September 18-20, 2018, Plano, Texas. Tavant will showcase impactful solutions that drive an AI-powered digital mortgage experience. Tavant is helping lenders to create an intelligent mortgage landscape by transforming multiple aspects of the mortgage lifecycle with its AI-powered digital mortgage solutions. At the conference, Tavant will demonstrate solutions that use machine learning and process automation techniques to bring a higher degree of loan fungibility in the secondary market. Wendy Traxler, Tavant’s Senior Business Architect of the Consumer Lending practice, will be demonstrating VΞLOXon Wednesday, September 19 at 2.45 p.m. “The customer-experience landscape is changing rapidly and knowing how to operate in it is becoming more and more of a strategic imperative for lenders. Our mortgage solution harnesses the power of robust AI integrated with the predictive analytics platform to transform existing processes into a modern digital factory equipping lenders with means to boost loan fungibility and superior execution without sacrificing operational efficiency,” said Vibhor Mishra, Tavant’s head of marketing. Tavant’s lending products and platforms are bringing the transformational power of AI to the mortgage industry. Its suite of solutions provides the flexibility and scale that helps deliver immersive lending journeys and a seamless omnichannel experience. Tavant is focused on delivering innovative solutions that offer game-changing results for the financial industry. Every element of the loan lifecycle is now digital with VΞLOX. Meet Tavant at Kiosk #16 to know how AI-powered automation can drive digital experiences. Email us at [email protected] to schedule a meeting. About Tavant VΞLOX Tavant VΞLOX is the industry’s leading AI-powered digital lending platform that maximizes the use of data-driven processes in the automation of the loan origination lifecycle. It brings true digital disruption to the mortgage industry with an immersive omnichannel experience and high-velocity execution: from loan discovery to loan funding to loan servicing. Find Tavant Technologies on LinkedIn and Twitter. Media Contact Vibhor Mishra Tavant Technologies 408-519-5400 | [email protected]
Tavant to Showcase FinLeads, a Revolutionary Customer Engagement and Acquisition Platform at Dreamforce18
SANTA CLARA, Calif., Sep 5, 2018 Tavant, a leading digital products and solutions company, today announced that it is showcasing FinLeads, an intelligent customer engagement and acquisition platform at Dreamforce 2018, San Francisco. FinLeads is a part of Tavant VΞLOX, mortgage industry’s first AI-powered digital lending platform. FinLeads leverages intelligent algorithms to automate, streamline, and personalize the Lead to Loan Origination cycle. It helps engage, educate, and qualify prospects and accelerate their transition from lead to customer. “We are excited to showcase FinLeads, a robust platform that helps sales and marketing teams and loan officers to manage their funnels more effectively. It elevates business performance with real-time analytics and intelligently optimizes the sales cycle to enable a speedy borrowing process and improved customer experience,” said Samya Ghosh, Head of Digital Practice. FinLeads customizes Salesforce platform’s out-of-box capabilities to customers’ needs and brings a consolidated 360° view of loan operations and customer transactions. With an integrated view of the customer, it helps in optimizing experiences based on the context of each customer at each touchpoint. E-mail [email protected] to schedule a meeting with Tavant experts at Dreamforce ‘18. About Tavant VΞLOX Tavant VΞLOX is the industry’s leading AI 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 loan discovery to loan funding to loan servicing. Find Tavant Technologies on LinkedIn and Twitter.
Tavant Selected to be on the Panel of Mortgage Tech and Loan Servicing Conference
SANTA CLARA, Calif., Aug 8, 2018 Tavant, leading digital products, and solutions company for the consumer lending industry, today announced that it participated at the 23rd Annual Western States Mortgage technology and loan servicing conference, held in San Diego from August 5-7. Tavant conducted a live demo of its flagship product, Tavant VΞLOX. The highlight of the conference was the panel discussion by Sundeep Mathur, VP, Consumer Lending, who provided an overview of the loan lifecycle from origination to fulfillment. He discussed how leveraging the right lending platform can enhance the customer experience and improve delivery cycle time. “Tavant VΞLOX is an AI-powered, data-driven, omnichannel business platform for lenders. With an immersive omnichannel experience and highly effective execution, it streamlines and accelerates each stage of the mortgage process, starting from home discovery to loan funding. VΞLOX delivers an exceptional customer experience and enhances trust while reducing time and cost of the lending process through intelligent automation, improved fulfillment efficiency, increased collaboration, and overall digital simplification,” said Vibhor Mishra, Tavant’s head of marketing. “It’s no secret that digital disruption is transforming the face of the mortgage industry. Our years of industry experience and strong AI and ML capabilities have enabled us to engineer our VΞLOX suite of products to optimize & automate mortgage back-end processes and simplify the front-end experience,” Mishra added. Tavant’s lending products and platforms are transforming lenders into intelligent digital lending enterprises. Its suite of solutions provides the flexibility and scale that helps deliver immersive lending journeys and a seamless omnichannel experience. Tavant is focused on delivering innovative solutions that offer game-changing results for the financial industry. Every element of the loan lifecycle is now digital with VΞLOX. Email us at [email protected] to schedule a meeting with our AI experts. Find Tavant Technologies on LinkedIn and Twitter. Media Contact: Vibhor Mishra Tavant Technologies 408-519-5400 | [email protected]
2018 Women of Influence: Geeta Mishra, Enterprise Solutions Architect at Tavant
SANTA CLARA, Calif., August 1, 2018 Tavant, a leading digital products and solutions company for the consumer lending industry, today announced that Geeta Mishra has been selected as one of the most influential women in the housing industry. Geeta Mishra is one of the 85 women recognized by HousingWire for demonstrating leadership that inspires people in her company, community, and industry at large. As the director of consumer lending at Tavant Technologies, Geeta possesses an in-depth mortgage functional and technology expertise and a vision of the future that is transforming the landscape of mortgage technology. “Geeta has demonstrated immense technical expertise in building powerful platforms while selecting and leveraging tools for front-end development, B2B Integrations, Open API gateways, Rules & Workflow Engines, Distributed Processing of Workload, Application Security and more,” said Hassan Rashid, CRO, Tavant. “With her passion for innovation and incredible determination, she has created architecture blueprints of Tavant VΞLOX product suite – FinXperience and FinConnect. These solutions have been transformative for the mortgage industry and have helped in shaping a brighter, inclusive future for Tavant in the industry,” Rashid substantiated. About HousingWire: HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 40,000 newsletter subscribers daily and over 4 million unique visitors each year. Our audience of mortgage, real estate, financial services and fintech professionals rely on us to Move Markets Forward. Visit www.HousingWire.com or www.solutions.housingwire.com to learn more. Find Tavant Technologies on LinkedIn and Twitter.
Ditech Launches A Personalized Mortgage Point-Of-Sale System Powered By Tavant VΞLOX Platform
FORT WASHINGTON, PA., July 31, 2018 Ditech Holding Corporation (“Ditech” or the “Company”) (NYSE: DHCP) today announced that it has launched a highly personalized mortgage point-of-sale system, customized collaboratively by its in-house Innovation Lab and Tavant, and powered by VΞLOX, a leading digital lending platform. This system, which will provide a data-driven business platform, is expected to drive excellence in customer experience through streamlined business processes with intelligent automation, improved fulfillment efficiency, and overall digital simplification. “Our goal is to provide the best possible experience to our customers during the home buying process – one of the most important financial transactions of their lives. The launch of this new point-of-sale system is expected to help bring us closer to our customers so that we can better serve them,” said Ditech’s CEO and President, Tom Marano. “We have been extremely focused on transforming our organization’s customer experience through the adaptation of digital solutions that entice the next generation of borrowers, including Millennials and Generation Z. Our new system, built on the Tavant VΞLOX platform, is expected to allow for a harmonious, omni-channel experience that will drive trust with customers,” said Ritesh Chaturbedi, Ditech’s Chief Operating Officer. “This launch is a great win for Ditech and is a true testament to the success of the Innovation Lab.” The Company’s Innovation Lab is a team of tech experts who harness their talents in a start-up-like environment. The lab, which is part of Ditech’s Information Technology organization and is led by Ditech’s Chief Technology Officer Andrew Badstubner, provides the brain power that fuels the development of new, digital solutions designed to integrate processes and enhance customer experience. “The pervasiveness of technology is disrupting industries and changing the way we interact with our customers. At Ditech, we are focused on being at the forefront of technological innovation and delivering value to our customers and investors. We are transforming the way we do business by leveraging the latest technology platforms that help provide a superior experience for our customers. The Innovation Lab has worked tirelessly to improve our customers’ experience and this new portal is a direct result of that team’s commitment to streamlining the mortgage application process,” said Andrew Badstubner, Ditech’s Chief Technology Officer. The Tavant VΞLOX – powered point-of-sale system has been built on a common platform that allows for a seamless channel-, device- and interaction-agnostic experience across the loan lifecycle. Ditech’s new point-of-sale system extends beyond borrowers and loan officers and allows realtors, brokers, correspondent partners and even servicing – in short, implementation cycles – to access the platform. “Tavant is excited to partner with Ditech in an effort to provide a game-changing experience to customers and partners. The collaboration brought to life a system that is powered by VΞLOX and customized for Ditech’s needs based on customer journeys and workflows created by its Innovation Lab,” said Hassan Rashid, Chief Revenue Officer, Tavant. The Tavant VΞLOX platform is expected to help enable Ditech to realize the vision of providing an unparalleled experience for its customers, employees and business partners. It is an effort to provide hyper-personalized journeys that become a natural extension of the lending business’s digital engagement. It is an extensible platform that is designed to provide business simplification through loan origination, fulfillment, and servicing, covering the total loan lifecycle. The platform is built to incorporate future technology advancements in areas of gamification, machine learning and voice interaction in an attempt to constantly provide an engaging interaction to Ditech’s customers. About Ditech Holding Corporation Ditech Holding is an independent servicer and originator of mortgage loans and servicer of reverse mortgage loans. Based in Fort Washington, Pennsylvania, the Company has approximately 3,700 employees and services a diverse loan portfolio. The information on the Company’s website is not a part of this release. Cautionary Statements Regarding Forward-Looking Information Certain statements in this press release constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements that are not historical fact are forward-looking statements. Certain of these forward-looking statements can be identified by the use of words such as “believes,” “anticipates,” “expects,” “designed,” “intends,” “plans,” “projects,” “estimates,” “assumes,” “may,” “should,” “could,” “would,” “shall,” “will,” “seeks,” “targets,” “future,” or other similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors, and our actual results, performance or achievements could differ materially from results, performance or achievements expressed in these forward-looking statements. These forward-looking statements are based on the Company’s current beliefs, intentions and expectations and are not guarantees or indicative of future performance, nor should any conclusions be drawn or assumptions be made as to any potential outcome of any initiatives the Company considers or seeks to implement. Important assumptions and other important factors that could cause actual results to differ materially from those forward-looking statements include, but are not limited to, those factors, risks and uncertainties described in more detail under the heading “Risk Factors” and elsewhere in the Company’s annual and quarterly reports, including amendments thereto, and other filings with the Securities and Exchange Commission. Media Contact: Kira Vanderwert Head of Investor Relations and Corporate Development, Ditech 813.421.7694 [email protected] About Tavant VΞLOX Tavant VΞLOX is the industry’s leading AI-powered digital lending platform that maximizes the use of data-driven processes in the automation of the loan origination lifecycle. It brings true digital disruption to the mortgage industry with an immersive omnichannel experience and high-velocity execution: from loan discovery to loan funding to loan servicing. Follow Tavant on LinkedIn and Twitter. Media Contact: Vibhor Mishra Tavant Technologies 408.519.5400 [email protected] Reference: As appeared on PRNewsWire.com
Tavant Invited to Speak at Western Secondary Market Conference 2018
SANTA CLARA, Calif., July 18, 2018 Tavant, a leading digital products and solutions company for the consumer lending industry, today announced that it is exhibiting at the Western Secondary Market Conference, from July 16-18, 2018, San Francisco. Tavant will showcase impactful solutions that drive an AI-powered digital mortgage experience. Tavant is helping lenders to create an intelligent mortgage landscape by transforming multiple aspects of the mortgage lifecycle with its AI-powered digital mortgage solutions. At the conference, Tavant will demonstrate solutions that use machine learning and process automation techniques to bring a higher degree of loan fungibility in the secondary market. Mohammad Rashid, Tavant’s head of consumer lending practice will speak at the panel discussion titled ‘The Future of Mortgage Banking with Technology’ at Colonial Room, Westin St. Francis Hotel on Wednesday, July 18 at 9 a.m. “Evolving customer expectations, rapidly changing market condition, and increasing competition are driving mortgage lenders to invest more strategically in digital capabilities. Powered by the integration of robust AI and predictive analytics platforms, our mortgage solution transforms existing processes into a modern digital factory providing lenders a means to improve loan fungibility and best execution without sacrificing operational efficiency,” said Vibhor Mishra, Tavant’s head of marketing. Tavant’s lending products and platforms are transforming lenders into intelligent digital lending enterprises. Its suite of solutions provides the flexibility and scale that helps deliver immersive lending journeys and a seamless omnichannel experience. Tavant is focused on delivering innovative solutions that offer game-changing results for the financial industry. Meet Tavant at Booth #108 to know how AI-powered automation can drive digital experiences. Email us at [email protected] to schedule a meeting. About Tavant Technologies Headquartered in Santa Clara, California, Tavant 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. Tavant is creating an AI-powered intelligent lending enterprise by reimagining customer experiences, driving operational efficiencies and improving collaboration. About Tavant VΞLOX Tavant VΞLOX is the industry’s leading AI 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 loan discovery to loan funding to loan servicing. Find Tavant Technologies on LinkedIn and Twitter.
ComplianceEase Announces Solution Integration with Tavant
July 17, 2018 ComplianceEase, a provider of automated compliance solutions, recently announced its ComplianceAnalyzer, 4506xpress and LicenseManager solutions are now integrated within Tavant VELOX product suite. Our integration with Tavant VELOX platform will provide borrowers with a more streamlined, digital experience and enable lenders to confidently close compliant loans faster,” ComplianceEase President John Vong said. The integrations aim to allow customers using the VELOX suite to securely audit loans for regulatory compliance violations, verify borrower income, and automatically verify mortgage loan originators, according to ComplianceEase. ComplianceAnalyzer checks for changes in terms and fees throughout the origination and closing processes and 4506xpress uses automation technology to streamline the income verification process. The company says LicenseManager automatically verifies NMLS IDs, state licenses, and federal registration, ensuring lenders and investors that every MLO is licensed and or registered in the National Mortgage Licensing System and Registry. The VELOX platform supplies data directly from the information source, enabling a simple end-to-end digital mortgage experience for the borrower. Therefore, allowing lenders to connect with mortgage-specific data and service vendors, according to ComplianceEase. “We’re pleased to partner with ComplianceEase to provide access to their risk management solutions,” Tavant Chief Revenue Officer Hassan Rashid said. “This significant partnership highlights the challenges of complying with ever-expanding regulations and the essential role that VELOX can play in alleviating these challenges.” Originally appeared on HousingWire.com
Tavant to Exhibit at MBA’s Secondary Market Conference 2018
SANTA CLARA, Calif., May 18, 2018 Tavant, a leading digital products and solutions company for the consumer lending industry, today announced that it is exhibiting at the MBA’s National Secondary Market Conference & Expo, from May 20-23, 2018, New York. Tavant’s platform provides the ability to perform a single-click dual AUS call and automatically process the resultant findings. It increases productivity, operational efficiency, and leads to higher degrees of fungibility across the GSEs as well as best execution in the secondary markets. The solution uses machine learning and process automation techniques to improve loan quality and provide a path of least resistance to loan sales. “Emerging technologies such as AI, automation, cognitive computing, and machine learning are transforming the mortgage space. Our next-gen solution transforms current mortgage production and servicing processes into a modern digital factory. We offer a true end-to-end digital process that delights consumers and gives mortgage companies a disruptive competitive advantage,” said Vibhor Mishra, Tavant’s head of marketing. Tavant’s lending products and platforms are transforming lenders into intelligent digital lending enterprises. Its suite of solutions provides the flexibility and scale that helps deliver immersive lending journeys and seamless omnichannel experience. Tavant is focused on delivering innovative solutions that offer game-changing results for the financial industry. Every element of the loan lifecycle is now digital with VΞLOX. Meet Tavant at Booth #110 to learn how smart processing, conditions management, and decisioning can help you improve loan fungibility and best execution without sacrificing operational efficiency. Email us at [email protected] to schedule a meeting. Find Tavant Technologies on LinkedIn and Twitter.
Tavant and Freddie Mac Team-Up to Provide Smart Decisioning Using One-Click Dual AUS Submissions
SANTA CLARA, Calif., May 17, 2018 Tavant, a leading digital products, and solutions company for the consumer lending industry, today announced that it is collaborating with Freddie Mac to launch a one-click submission of loan data to Loan Product Advisor®, the company’s automated underwriting systems (AUS), providing lenders a means to improve loan fungibility and best execution without sacrificing operational efficiency. This solution uses machine learning and process automation techniques to submit loan-data via a single click to both Freddie Mac and Fannie Mae, enabling lenders to see the full view of options available to their borrowers and ultimately leading to an improved borrower experience. In the first phase of the launch, Tavant will begin piloting this solution with four selected lenders leveraging the partnership to achieve best execution goals. “We are enabling mortgage lenders to thrive in the digital era. Our partnership with Freddie Mac will increase productivity, improve accuracy in the loan decisioning and underwriting process and reduce the overall origination cycle time. It provides intelligent support throughout the loan lifecycle and reduces the overall cost of loan origination,” said Hassan Rashid, CRO, Tavant. “Freddie Mac is excited about this partnership with Tavant. We have a shared vision of embracing and adapting new technologies such as machine learning and automation to empower our clients,” said Rick Lang, vice president of Freddie Mac’s Loan Advisor Suite® strategy and integration for the Single-Family business. “Lenders are looking for solutions that provide them with the loan origination options needed to more efficiently deliver a better borrower experience.” Tavant’s lending products and platforms are transforming lenders into intelligent digital lending enterprises. Its suite of solutions provides the flexibility and scale that helps deliver immersive lending journeys and a seamless omnichannel experience. Find Tavant on LinkedIn and Twitter. Media Contact: Vibhor Mishra Tavant +1-408-519-5400 [email protected]
Factual Data® Announces Credit Integration with Tavant VΞLOX Suite
LOVELAND, COLO. (PRWEB) MAY 10, 2018 Factual Data, one of the nation’s premier providers of credit and data validation services to the mortgage lending industry, is teaming with Tavant to provide comprehensive consumer credit history within Tavant VΞLOX – the leading AI-powered digital lending platform. Tavant VΞLOX suite provides mortgage applicants the ability to manage their borrowing experience seamlessly by entering their information on mobile or desktop devices and routing that information directly to a loan officer. Lenders will have the ability to integrate Factual Data’s industry-trusted borrower credit information into the loan profile through Tavant’s digital mortgage hub. For lenders, VΞLOX represents a single interface that engages consumers and lenders in an immersive experience, providing real-time status and process updates. “This collaboration provides customers with an easy and efficient process for seeking a mortgage,” said Factual Data President Jay Giesen. “It also benefits loan officers by quickly providing them with a rich set of credit data needed to make an informed decision.” “We are excited to partner with Factual Data as they look to help borrowers with one of life’s most important purchases. Factual Data and Tavant have a shared vision to bring a straightforward, more transparent digital lending experience to more borrowers than ever before,” said Tavant Vice President and Head of Consumer Lending Practice Mohammad Rashid. About Factual Data Factual Data is a trusted provider of credit, risk mitigation, flood, and verification services to the mortgage industry. Leveraging innovative technology and deep industry experience, Factual Data simplifies the mortgage lending process for its customers and their borrowers. For information, please call 800-275-3389 or visit http://www.factualdata.com. About Tavant VΞLOX Tavant VΞLOX is the industry’s leading AI 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 loan discovery to loan funding to loan servicing. Find Tavant on LinkedIn and Twitter. PRESS CONTACTS: Factual Data Chris Horn (970) 619-7017 chorn(at)factualdata(dot)com Tavant Vibhor Mishra (408) 519-5400 [email protected] Note: As appeared on PRweb.com
Genworth Mortgage Insurance’s New Website Wins Tech 100 Award
SANTA CLARA, Calif., May 1, 2018 Tavant, a leading digital products and solutions company for the consumer lending industry, today announced that the new Genworth Mortgage Insurance website, jointly developed by Genworth and Tavant, received the prestigious HousingWire Tech 100 award. The initiative accelerates Genworth’s digital transformation journey, leveraging technology to enhance its strong customer service offerings and experiences. The new website, launched in the fall of 2017, seamlessly combines advanced cloud-based capabilities and deep insights from the company’s customers to maximize usability and user experience. Some key features include a visual pipeline tracking system, reduced data entry for quick and easy submissions of mortgage insurance (MI) applications, and online MI activation. Adopting a design-centric approach to achieve business agility, the new design delivers elegant user interfaces and seamless, device-agnostic experiences with enhanced site search capabilities. “Our focus has been on building a digital experience that addresses the needs of our customers. We measured customer satisfaction with the new site, earning 4.7/5 on ease of use and 4.8/5 on performance, speed and efficiency,” stated Erika Martin, Genworth USMI’s Director of Customer Experience. “Our partnership with Tavant allowed an on-time and quality launch of the website. Their UX research and design expertise combined with deep mortgage technology experience enabled us to provide an exceptional customer experience resulting in high customer satisfaction scores,” she added. “We designed the entire system from the ground up to ensure that as the needs of Genworth’s users continue to change, their system can easily scale to meet those needs,” said Vibhor Mishra, Head of Marketing, Tavant. “Engaging Genworth’s customers in the website redesign significantly helped identify what users loved and wanted to retain from the old website, and what new features and improvements they expect from the new one. And it enabled us to validate our design and functionality iteratively. We are delighted that the website has been recognized by HousingWire,” he concluded. Find Tavant on LinkedIn and Twitter. About Genworth Financial Genworth Financial, Inc. (NYSE: GNW) is a Fortune 500 insurance holding company committed to helping families achieve the dream of homeownership and address the financial challenges of aging through its leadership positions in mortgage insurance and long term care insurance. Headquartered in Richmond, Virginia, Genworth traces its roots back to 1871 and became a public company in 2004. For more information, visit genworth.com. From time to time, Genworth releases important information via postings on its corporate website. Accordingly, investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information is found under the “Investors” section of genworth.com. From time to time, Genworth’s publicly traded subsidiaries, Genworth MI Canada Inc. and Genworth Mortgage Insurance Australia Limited, separately release financial and other information about their operations. This information can be found at http://www.genworth.com. Media Contacts: Vibhor Mishra: Tavant Technologies +1-408-519-5400 [email protected] Jennifer Abraczinskas Genworth Mortgage Insurance +1-919-870-2195 [email protected]
Tavant FinConnect Processes Over One Million Digital Mortgage Transactions in One Year
Enables more than $75B in mortgage originations
Tavant Adds Digital Verification to Speed Mortgage Application for Lenders and borrowers
New collaboration with Experian brings the ability to leverage Day 1 CertaintyTM verification, bringing the industry a step closer to a frictionless mortgage application process
Tavant Invited to Speak at MBA’s Technology Solutions Conference 2018
To speak on digital mortgage & consumer experience and emerging technologies tracks
Tavant Experts to Keynote at the Australian Mortgage Innovation Summit
Santa Clara, Calif. February 21, 2018 Tavant Technologies, a leading Silicon Valley-based innovative mortgage technology company, announced today that it has been invited to speak and exhibit at the ninth annual Australian Mortgage Innovation Summit, February 22 – 23, 2018, Sydney. Tavant is a bronze sponsor at the Australian Mortgage Innovation Summit. Tavant will provide an exclusive preview of its digital lending platform, Tavant VΞLOX. VΞLOX transforms the labor-intensive, paper saturated, compliance-laden loan fulfillment process into an efficient digital data flow. Mohammad Rashid, VP, Consumer Lending, Tavant Technologies and Raj Nair, VP Sales will be the keynote speakers at the summit on February 23 at 12.15 PM. The topics of the keynote will be “Tipping point for Digital | Lessons from a $10 trillion mortgage market – An international perspective”. “Digital disruption in the mortgage industry is quickly transforming the face of the industry. The Blockchain is widely anticipated to be the latest in a line of FinTech innovations to shape the future of our economies and business ecosystems. Our years of experience in mortgage technologies, and our AI & ML deep expertise have enabled us to engineer our Velox suite of products in the $10 trillion mortgage US market to ensure maximum seamlessness to all stakeholders in a mortgage life cycle. We are excited to bring our expertise to the Australian market as well,” substantiated Mohammad Rashid, VP, Consumer Lending, Tavant Technologies. Tavant VΞLOX is the industry’s leading AI-powered digital lending platform. It is digitally disrupting the mortgage industry with a fluid omnichannel experience and high-velocity execution: from home discovery to loan funding. They are powered with AI capabilities that cut down the time and shrink the cost of the loan by 40%. “An increasingly competitive market environment and evolving customer expectations are driving mortgage lenders to invest more strategically in digital capabilities. Lenders are focused on faster innovation around the user experience, as well as the more advanced use of analytics and digital transformation capabilities. To drive digital outcomes for our clients, we augment our industry domain knowledge with our AI and ML capabilities to enable companies to drive digital transformation effectively.” Rashid further said. “In 2018, machine learning means more efficiency in the mortgage loan cycle,”. “Machines could now start to predict retention patterns and alert sales teams accordingly effectively. Machine learning will allow sales teams to manage better and sell leads, processors and underwriters to do more with less and do it three times as fast, secondary marketing departments to stay ahead of market conditions. It will effectively make lending cost-effective and easier for the consumer,” said, Raj Nair, VP Sales, Tavant Technologies. Call +61 408 797 964 or email [email protected] to schedule a meeting with our experts. About Tavant Technologies Headquartered in Santa Clara, California, Tavant Technologies is a specialized software solutions & services provider that provides impactful results to its customers across North America, Europe, and Asia-Pacific. Founded in 2000, the company employs over 2000 people and is a recognized top employer. As a key solutions provider to the Consumer Lending industry, Tavant has demonstrated expertise in helping mortgage firms convert more leads, cut costs and retain borrowers. Find Tavant Technologies on LinkedIn and on Twitter Media Contact: Vibhor Mishra Tavant Technologies +61 1300 137 439 [email protected]
Tavant Develops Industry-First eCommerce Marketplace for Naylor Association Solutions
Santa Clara, Calif. – February 13, 2018 Tavant, a specialized software solutions provider to retail companies, announced today that it partnered with Naylor Association Solutions to develop a future-ready eCommerce marketplace that launched in the fourth quarter of 2017. An industry-first in the association market, Naylor’s new eCommerce platform—the Naylor Marketplace—enables immediate third-party software integrations with Naylor association management software (AMS) or career center. The integrations take place in minutes, are done at no extra cost to the association, and require no extra technical expertise. The Naylor Marketplace provides associations with the freedom of choice and flexibility to add and remove software as their needs change and evolve, without the expense, time, and difficulty historically required. An industry-first in the association market, Naylor’s new eCommerce platform—the Naylor Marketplace—enables immediate third-party software integrations with Naylor association management software (AMS) or career center. Employing a straightforward, user-friendly design, the Naylor Marketplace allows Naylor employees to easily update offerings and Naylor customers to search for and install integrations using simple steps. With the aim of delivering an effortless experience, the Naylor Marketplace layout suggests Naylor product and service recommendations to its association users that deepen customer relationships and engagement while also generating add-on sales opportunities. “We are proud to have partnered with Naylor to create an industry-first marketplace,” said Samya Ghosh, vice president and head of Tavant’s retail and digital businesses. “This cutting-edge solution offers unmatched engagement and revenue generation opportunities for Naylor and its clients.” Tavant helped design and develop the Naylor Marketplace leveraging its deep expertise on Magento, a leading open source eCommerce platform serving both the B2B and B2C markets across the world. “We are impressed by Tavant’s expertise in software technologies and user experience design knowledge,” said Joe Rosensteel, vice president, Digital Product Development for Naylor. “This innovative solution enables us to enhance our B2B eCommerce initiative and provides a seamless experience across our career and AMS offerings. It significantly increases visibility into additional products and services we offer associations and bolsters our add-on sales opportunities.” About Naylor Association Solutions Since 1969, Naylor has helped build strong trade and professional associations by delivering solutions that engage members and generate non-dues revenue. We offer a comprehensive set of solutions, including communications strategy, print, digital and video content and production, full service event management, advertising, sponsorships and exhibit sales, career centers, online learning, association management and association management software (AMS). Our expertise and breadth of services help us see opportunities others miss, and our commitment to excellent customer service fuels our passion to help associations achieve more success. Naylor’s headquarters is located in Gainesville, Fla., with additional offices in Alpharetta, Ga.; Hunt Valley, Md.; McLean, Va.; Schaumburg, Ill.; and Winnipeg, Canada. Visit www.naylor.com for more information. Find Tavant on LinkedIn and on Twitter. Media Contacts: Dave Bornmann Chief Marketing Officer Naylor Association Solutions Phone: 703-964-2772 Email: [email protected] Vibhor Mishra Tavant Phone: +1 408-519-5400 Email: [email protected]
2017 HousingWire Vanguard: Mohammad Rashid, Tavant
Santa Clara, Calif., December 05, 2017 Tavant Technologies, America’s leading innovative mortgage technology provider, announced today that Mohammad Rashid, VP, Head of Consumer Lending Practice, has been honored with HousingWire Vanguard Award for 2017. The HousingWire Vanguard Award acknowledges leaders who help to transform the lending business. At Tavant, Rashid drives the strategy, offerings, and revenue of the company’s consumer lending business. He is the man behind the design and engineering of Tavant FinConnect, which processes more than a million transactions every year and is widely used by the top 50 lenders. It was under his leadership that Tavant launched the AI-powered version of Tavant VELOX, industry’s leading digital lending platform. Rashid used his expertise in AI techniques, process optimization, and automation to enhance the digital platform with AI capabilities. Rashid has been instrumental in expanding Tavant’s footprint into the mortgage insurance industry, credit bureaus, and data providers, and also leading its foray into international mortgage industries. On being asked what the secret of his success was, Rashid explained – “I identify trends early. This helps me to assemble and motivate the team to innovate and deliver great products.” About HousingWire: HousingWire is the nation’s most influential news source covering the U.S. housing economy, spanning residential mortgage lending, servicing, investments, and real estate operations. Each year, the company’s news, commentary, magazine content, industry directories, and events give more than one million industry professionals the insight they need to make better and more informed business decisions. Learn more at http://www.housingwire.com Find Tavant Technologies on LinkedIn and Twitter. For further information please contact: Vibhor Mishra Tavant Technologies +1-408-519-5400 [email protected]
Mortgage Coach to Integrate Platform with Tavant Digital Lending Platform for an End-To-End Seamless Experience
Santa Clara, Calif.– October 25, 2017 Mortgage Coach, software as the service technology provider of the industry-leading Total Cost Analysis, today announced an integration between the Mortgage Coach platform and Tavant FinXperience – Retail platform. This integration creates a seamless connection between the two technologies, enabling the direct, automatic transfer of data and information for mutual customers of FinXperience – Retail and Mortgage Coach. FinXperience – Retail is a suite of user experiences and companion mobile applications for loan originators within mortgage lenders and is one of the core components of Tavant’s VELOX suite. The Mortgage Coach Total Cost Analysis (TCA), offers loan originator’s a competitive advantage in delivering a high-touch, digital experience that analyzes the total cost of loan options over the life of mortgage loan. Through the simple, yet innovative use of charts and graphs, the modern loan originator coaches the homebuyer in understanding all of the imperative components of selecting the right loan option for the home buyer’s unique financial goals. “With the contracting market, lenders are looking for new and better ways to secure clients, and Mortgage Coach’s TCA has proven to be that differentiator,” said Joe Puthur, President of Mortgage Coach. “We’re excited to be working with Tavant to position more originators as expert consultants and help their borrowers make better, more educated decisions.” “Tavant is excited to deliver this integration to our common customers delivering to them faster time to market and immediate interoperability, thereby, serving the prospective borrower on one side of the equation and the loan originator on the other side of the equation in a seamlessly connected ecosystem,” said Mohammad Rashid, head of consumer lending practice for Tavant. About Mortgage Coach: The Mortgage Coach suite of enterprise online and mobile applications enhance the conversation between the borrower, mortgage professional, and Realtor, enabling a confident mortgage decision. Thousands of banks and lenders rely on Mortgage Coach to turn borrower education into a competitive advantage. With Mortgage Coach technology, financial and real estate professionals provide clearly illustrated mortgage options with detailed financials, charts, video narration, and live updates on any device, ensuring an informed home loan choice. Learn more about Mortgage Coach, please visit http://mortgagecoach.com/. Follow Tavant on LinkedIn and on Twitter. Media Contacts: Vibhor Mishra Tavant [email protected] (408) 519 5400
Tavant AI-Powered Digital Lending Platform to Connect with Lender Price Product, Pricing And Eligibility Engine
Santa Clara, Calif.– October 24, 2017 – Tavant, a digital products and platforms provider to consumer lending companies, announced today that it is collaborating with the mortgage technology company Lender Price to provide lenders with access to Lender Price’s Product Pricing and Eligibility Engine (PPE) via Tavant FinConnect, the data, and services bus for the mortgage industry and part of its VΞLOX suite of products. The purpose of the collaboration is to provide the two firms’ mutual customers with significant time and resource savings by offering a pre-built connection between the two platforms. Tavant FinConnect is a data and services integration platform that facilitates the integration, transformation, and consumption of multiple information sources during the loan origination process. Lender Price PPE is a dynamic product, pricing, and eligibility engine that offers bi-directional system-to-system integration capability, omni-channel product support, full mobile functionality and advanced pricing intelligence and analytics. Tavant will work with Lender Price to create a pre-built connector between its platform and the pricing engine, which will be designed to provide mortgage banking lender clients with faster time-to-market at reduced risk due to lower administration costs and eliminate the need for a custom point-to-point integration between their systems. Moreover, economies of scale are expected to result in significant cost savings for lenders via a field-tested and proven connection between the two companies’ platforms that will reduce effort in both the planning and system development stages of a typical mortgage technology project. “We are excited to develop this ready-to-go connector between Tavant FinConnect and Lender Price’s Mortgage Pricing Engine. The integration will provide our portfolio of clients with a tried and tested access and integration path to one of the industry’s premier product pricing and eligibility engines. Since this capability is one of the core elements of executing a digital mortgage strategy, it will go a long way to accelerating the lender on its path to total digital transformation and consequential productivity gains,” observed Hassan Rashid, Tavant’s Chief Revenue Officer. “Connecting our pricing engine with Tavant’s industry-leading platform is in the best interest of our customers. This collaboration streamlines the development process for our shared digital mortgage customers by creating a more efficient path toward the lender’s goals,” commented Jerry Halbrook, Lender Price Chief Executive Officer. “We continually look for ways to fast-track value to our clients, and this technology partnership will allow all parties to focus on the optimization of core mortgage processes,” continued Halbrook. “While this collaboration serves to facilitate the path to a digital mortgage strategy for our mutual customers, it should be noted that both Lender Price and Tavant remain committed to supporting their clients’ freedom to choose the technologies and integrations that work best for them,” elaborated Rashid. About Tavant 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™ 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 leading AI 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 omni-channel experience and high-velocity execution: from home discovery to loan funding. Follow Tavant on LinkedIn and Twitter. About Lender Price Lender Price is a California-based technology innovator and developer of an industry-leading digital lending technology platform and product, pricing and eligibility engine, real-time pricing analytics all in support of omni-channel lending strategies, full mobile functionality and an end-to-end digital experience for both consumers and mortgage professionals. For more information, visit https://lenderprice.com/ or send email to [email protected]. Media Contacts: Vibhor Mishra Tavant [email protected] (408) 519 5400 Kerri S. Milam Depth Public Relations [email protected] (404) 378 0850
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 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 Technologies on LinkedIn and Twitter. Media Contacts: Michelle Kersch Black Knight Financial Services 904.854.5043 [email protected] Vibhor Mishra Tavant Technologies [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.
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]
Tavant Selected to Present its Digital Product Suite – Tavant VΞLOX at FinovateSpring
SANTA CLARA, Calif., April 26, 2017 – Tavant, America’s leading innovative lending technology provider, today announced that it was selected to present its digital product suite –Tavant VΞLOX at the FinovateSpring 2017 in San Jose. FinovateSpring is a demo-based conference for innovative companies in the fields of banking and financial technology. Held in San Jose, the event offers an insight-packed glimpse of the future of finance via a fast-paced, intimate, and unique format. Tavant will be demonstrating VΞLOX on Thursday, April 27 at 1 p.m. and Tavant experts will be available following the demonstration for questions. Tavant VΞLOX is a digital product suite offering a fluid omnichannel experience and high-velocity execution: from discovery to funding. It transforms labor-intensive, paper-saturated, compliance-laden processes into efficient digital data flows enabling simplified, compliant and completely automated digital lending experience. Tavant VΞLOX product suite offers three components: FinXperience – a suite of portals and companion mobile applications FinCapture – autonomous document ingestion platform FinConnect – modern mortgage data and services hub “Tavant is recognized for its innovative products and deep industry expertise in the lending ecosystem. Tavant VΞLOX is a fine example of a disruptive product that our audience loves to see, and we’re very excited to have them showing how they’re transforming the lending space at FinovateSpring.” said Greg Palmer, Vice President, Finovate. “We are constantly focused on innovative solutions that deliver game-changing results for the financial industry. Every element of the process is now digital with VΞLOX,” said Mohammad Rashid, Vice President, Tavant. Find Tavant Technologies on LinkedIn and on Twitter. Media Contacts: Vibhor Mishra Tavant Technologies 408-519-5400 Email: [email protected]
Tavant CEO to Speak at the Australian Mortgage Innovation Summit
Santa Clara, Calif., and Sydney, Australia, February 22, 2017 – Tavant , Silicon Valley-based innovative mortgage technology company, announced today that it has been invited to speak and exhibit at the seventh annual Australian Mortgage Innovation Summit, February 23 – 24, 2017, Sydney. Tavant will showcase its disruptive digital mortgage solutions that will enable the ‘one-minute mortgage’ experience. Sarvesh Mahesh, Tavant’s CEO, has been invited to speak at the conference. Mahesh will speak during the panel on “Speed to Yes,” providing insights on the digital mortgage landscape. Tavant will provide an exclusive preview of its digital lending platform, Tavant VΞLOX. VΞLOX transforms the labor-intensive, paper saturated, compliance-laden loan fulfillment process into an efficient digital data flow. “We are excited to be in Sydney for one of the largest mortgage conferences in Australia. Tavant is leading the digital transformation wave, and we are happy to bring our 17+ years of expertise to the Australian market,” said Vibhor Mishra, Global Head of Marketing, Tavant. Call +61 1300 137 439 or email [email protected] to schedule a meeting with our experts. About Tavant Headquartered in Santa Clara, California, Tavant is a specialized software solutions & services provider that provides impactful results to its customers across North America, Europe, and Asia-Pacific. Founded in 2000, the company employs over 2000 people and is a recognized top employer. As a key solutions provider to the Consumer Lending industry, Tavant has demonstrated expertise in helping mortgage firms convert more leads, cut costs, and retain borrowers. Find Tavant on LinkedIn and Twitter Media Contact: Vibhor Mishra Tavant +61 1300 137 439 [email protected]
CoreLogic Incorporates Six Products on Tavant FinConnect Data Integration Platform to Enable Digital Mortgage Experience
CoreLogic® (NYSE: CLGX), leading global property information, analytics and data-enabled solutions provider, today announced the integration of six key mortgage origination product offerings on the Tavant FinConnect Mortgage Data Integration Platform including credit reports, flood determinations, 4506-T income verification, Automated Valuation Models, LoanSafe Fraud Manager™, and LoanSafe Risk Manager™. “With this launch, mortgage professionals now have a simple way to manage and access key CoreLogic product offerings all from one platform,” said Kevin Mullins, vice president, Business Development for CoreLogic. “This is a big step forward in what we expect to be a great relationship with Tavant.” Tavant FinConnect is an integration platform for mortgage-related data and services, providing secure integrations to value-added 3rd party vendors, including Fannie Mae Day 1 CertaintyTMprogram designated vendors. FinConnect supplies on-demand data directly from the source enabling a simple end-to-end digital mortgage experience for the borrower. FinConnect uses open source components and adheres to MISMO standards across all integration paths in the Mortgage ecosystem. “Tavant FinConnect addresses the inefficiencies in the loan application and fulfillment lifecycle and enables lenders, servicers and their business partners to reimagine the home purchase and refinance experience,” said Mohammad Rashid, vice president, Consumer Lending practice for Tavant. “It provides the lender with the most up-to-date data about the borrower directly from the source, resulting in a borrower experience that is seamless, touchless, transparent, and digital. CoreLogic is a premier source of critical borrower, loan and housing data and an essential component in this reimagined digital experience and we are excited to partner with them.” For more information about the products and services integrated on Tavant FinConnect, visit corelogic.com. About CoreLogic CoreLogic (NYSE: CLGX) is a leading global property information, analytics and data-enabled solutions provider. The company’s combined data from public, contributory and proprietary sources includes over 4.5 billion records spanning more than 50 years, providing detailed coverage of property, mortgages and other encumbrances, consumer credit, tenancy, location, hazard risk and related performance information. The markets CoreLogic serves include real estate and mortgage finance, insurance, capital markets, and the public sector. CoreLogic delivers value to clients through unique data, analytics, workflow technology, advisory and managed services. Clients rely on CoreLogic to help identify and manage growth opportunities, improve performance and mitigate risk. Headquartered in Irvine, Calif., CoreLogic operates in North America, Western Europe and Asia Pacific. For more information, please visit www.corelogic.com. CORELOGIC, the CoreLogic logo, LoanSafe Fraud Manager, LoanSafe Risk Manager and LoanSafe Appraisal Manager are trademarks of CoreLogic, Inc. and/or its subsidiaries. All other trademarks are the property of their respective owners.
Tavant Participates in 2017 MBA’s Independent Mortgage Bankers Conference
Santa Clara, Calif., January 23, 2017: Tavant, America’s leading innovative mortgage technology provider, announced today that it is participating at MBA’s Independent Mortgage Bankers Conference, from January 23 – 26, 2017, Palm Springs. At the conference, Tavant will showcase its disruptive digital mortgage solutions that enable their clients to transform the lending experience. “We are excited to participate in the MBA’s Independent Mortgage Bankers Conference. As an industry leader, our solutions and platforms are disrupting the mortgage industry by reducing the cost of loan origination by 40% or more. We continue to be the partner of choice for digital transformation” said Vibhor Mishra, Head of Marketing, Tavant. At the conference, Tavant will showcase its new offering to the mortgage industry – TAVANT VΞLOX. TAVANT VΞLOX transforms the labour-intensive, paper-saturated, compliance-laden loan fulfilment process into an efficient digital data flow. Call +1-866-9-828268 or email [email protected] to schedule a meeting with our experts. Find Tavant Technologies on LinkedIn and Twitter. Media Contact: Vibhor Mishra Tavant Technologies Inc. +1 (408) 519-5400 [email protected] tavant.com
Tavant Selected to Present its Suite of Digital Solutions at the Digital Mortgage Conference 2016
Santa Clara, Calif., December 8, 2016: Tavant, America’s leading innovative mortgage technology provider, announced today that it will present a live demo at the Digital Mortgage conference on the afternoon of December 8. The demo will showcase how Tavant’s disruptive digital solutions provide a simplified, compliant and digital mortgage experience for lenders. Tavant will launch a Digital Experience (DEX) framework that will assess the digital readiness of lenders based on key performance parameters. The DEX framework will provide companies with a DEX quotient, to help them understand their digital performance and opportunities to improve. “We are excited to be the partner of choice to disrupt the industry with digital. Our presentation will provide an opportunity to the delegates to evaluate innovative digital solutions,” said Vibhor Mishra, Head of Marketing, Tavant Technologies. Meet Tavant experts at the exhibit hall of Hilton San Francisco Union Square. Find Tavant Technologies on LinkedIn and Twitter. Media Contact: Vibhor Mishra Tavant Technologies Inc. +1 (408) 519-5400 [email protected] tavant.com
Tavant Receives HousingWire’s Second Annual Vanguard Award™
Santa Clara, Calif., December 06, 2016 – Tavant, America’s leading innovative mortgage technology provider, today announced that the company’s Chief Revenue Officer, Hassan Rashid has been honored with the HousingWire Vanguard Award for 2016. The award is meant to acknowledge leaders who move markets forward. Hassan Rashid is responsible for guiding and supporting Tavant Technologies’ revenue strategy and growth. He has a successful track record of scaling winning businesses by focusing on customer success and aligning offerings based on changing market needs. Tavant Technologies’ rise and position as a thought leader in the mortgage landscape under the leadership of Rashid is notable. He steered the 2×2 (double the revenue in two years) strategy declared in FY2015 and led the exponential growth of the mortgage business for the company. “The HW Vanguards continued to impress going into its second year; the winners are second-to-none and this list represents the finest cross-section of mortgage talent available,” said Jacob Gaffney, HousingWire editor-in-chief. Rashid’s passion for innovation led to quite a few impactful solutions to the mortgage industry such as FinConnect and VELOX that disrupt the way mortgage industry functions. He encourages and incubates ideas within the company with initiatives such as Tavant Innovation Lab and Tavant Mortgage University. “We have the experts and expertise – path-breaking solutions will be a natural outcome. However, as generations and technologies evolve, expectations increase. It is all about results and relationships,” said Hassan Rashid, CRO, Tavant Technologies. About HousingWire HousingWire is the nation’s most influential news source covering the U.S. housing economy, spanning residential mortgage lending, servicing, investments and real estate operations. The company’s news, commentary, magazine content, industry directories, and events give more than one million industry professionals each year the insight they need to make better, more informed business decisions. Learn more at http://www.housingwire.com. Find Tavant Technologies on LinkedIn and Twitter. For further information please contact: Vibhor Mishra Tavant Technologies +1-408-519-5400
Tavant Partners with Parlo to Transform Mortgage Conversations
Santa Clara, Calif. October 25, 2016 – Tavant, America’s leading innovative mortgage technology company, and Parlo today announced a partnership that will enable Tavant’s customers to deliver improved mortgage qualification and loan servicing with the use of automated chatbot technology. Through the use of chatbots, borrowers will have the ability to get quotes, apply for a loan, as well as close and manage their loans. Borrowers can easily engage in a two-way conversation through messaging, fostering quicker service, with no wait times or frustrating calls to call centers. Tavant is a leading mortgage technology company globally recognized for its innovative solutions. Parlo is an enterprise conversation platform for creating intelligent, contextual, automated response flows through one-to-one conversations in messaging channels that consumers use heavily such as Facebook Messenger. The partnership combines Tavant’s industry-leading technology solutions based on surround-and-extend philosophy, consulting services and data integration capabilities with Parlo’s cutting-edge chatbot enterprise platform to provide game-changing results for our customers. The Parlo enterprise chatbot platform powers personalized conversations at scale through messaging. Parlo lets you create the perfect bot to automate conversations and tasks on major messaging apps—delighting consumers with every interaction. The integration with your organization’s enterprise systems pull content to create meaningful conversations, and the designer interface allows fast deployment of conversational experiences. “Lenders seeking an edge in today’s digital wave of engaging with the consumer must implement modern communication technologies that deliver speedier follow-ups and superior consumer experiences,” said Mohammad Rashid, VP Mortgage Practice, Tavant. “Parlo is at the leading edge of this wave to transform the way firms interact with their consumers.” “To satisfy consumers’ expectations and deliver meaningful business results to a lender, enterprise chatbots need to have solid back-end integration to the lending systems, and enable conversations from start-to-finish in the life of a loan. Tavant and Parlo are committed to making this happen, which makes this a great partnership,” said Murali Subbarao, Founder and Chief Executive Officer, Parlo. “Together, we will enable lenders to reach their full potential and better service their consumers through conversational engagement.” For more information, please visit https://tavant.com lending and www.parlo.io About Parlo Parlo™ is a chatbot platform that enables brands to operate smarter bots for engaging conversations. Parlo helps digital media marketers create brand experiences that delight consumers in messaging apps. Through Parlo consumers can chat with brands 24/7 to access information, make purchases and seek support. Find Tavant on LinkedIn and on Twitter. Media contact: Vibhor Mishra Tavant . +1 (408) 519-5400 [email protected] Ryan Helmstetler Parlo +1 (415) 988-0372 [email protected]
Tavant to exhibit at the MBA Annual Conference & Expo 2016
Santa Clara, Calif., October 23, 2016: Tavant, America’s leading innovative mortgage technology provider, announced today that it is exhibiting at the MBA Annual Conference & Expo, from October 23 – 26, 2016, Boston. At the conference, Tavant will showcase its disruptive digital mortgage solutions that enable their clients to transform the lending experience. During the expo, Tavant is hosting an exclusive thought-leadership summit titled ‘DISRUPT’, on Sunday 23, at 4 p.m. at Taj Boston. The summit brings together some of the leading names across the lending ecosystem to discuss how digital technologies are disrupting the market and simplifying the borrower journey. Alyson Clarke, Principal Analyst at Forrester Research, is the keynote speaker. “We are excited to participate in the MBA Annual Conference. Being an industry leader, we have an excellent team of business and technical experts bringing in thought leadership and in-depth domain expertise,” said Hassan Rashid, Executive Vice President, Tavant. “Our platforms like FinConnect and InvestorConnect connect the internal and external systems within the lending ecosystem and, enable lenders, servicers, and investors to collaborate and transact with a unified view.” Mohammad Rashid, Vice President – Consumer Lending, Tavant will present a live demo on how Tavant’s solutions are enabling a digital mortgage experience for the entire lending ecosystem. The demo is scheduled for Monday, October 24 at 1:15 p.m. on ‘The Side Stage’ at ‘The Hub’. Tavant will also be providing an exclusive preview of ‘TAVANT VELOX’, a suite of solutions that optimizes the back-end systems to reduce the overall cost of originations by more than 40%. ‘TAVANT VELOX’ is based on the company’s unique ‘surround and extend’ strategy that allows lenders to keep the core systems intact while creating an abstract layer that allows the development of advanced features outside of these systems resulting in superior user engagement, business agility and return on investments in a short span of time. Meet Tavant experts at Booth number 911 and Meeting room 304, Hynes Convention Center. Find Tavant Technologies on LinkedIn and Twitter. Media Contact: Vibhor Mishra Tavant. +1 (408) 519-5400 [email protected] tavant.com
Sandhya Suku, Tavant, Named HousingWire’s Woman of Influence
Santa Clara, Calif., August 3, 2016: Tavant, a leading Silicon Valley-based mortgage technology company, announced today that the company’s delivery head for consumer lending business, Sandhya Suku, has been selected as one of the most influential women in the housing industry. Suku is one of the 43 women recognized by HousingWire for demonstrating leadership that inspires people in her company, community, and industry at large. The title recognizes women standing out in the mortgage lending, servicing, investing and real estate industries. As a seasoned mortgage functional and technology expert, she led many innovations that helped Tavant change the mortgage technology landscape. “With her passion for innovation and excellence, Suku has helped our mortgage business achieve rapid growth over the past three years,” said Hassan Rashid, Chief Revenue Officer, Tavant. “She leads by example, attracts talents, motivates and coaches them and brings out the best from her team.” Under Suku’s leadership, Tavant implemented its industry-leading, user-centric mortgage technology solutions that customers value. Her deep mortgage, functional, and technology expertise has enabled the creation of solution accelerators that reduce time to market and provide a rich digital mortgage experience. About HousingWire: HousingWire is by far the nation’s most influential source of news and information for U.S. mortgage markets, boasting a readership that spans lending, servicing, investments and real estate market participants as well as financial market professionals. A winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B-to-B Banking/Business/Finance, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International. Find Tavant on LinkedIn and Twitter. Media Contact: Vibhor Mishra Tavant. +1 (408) 519-5400 [email protected] tavant.com
Genworth Launches New Enterprise Mortgage Insurance Underwriting Platform
RICHMOND, Va., May 16, 2016 Genworth Mortgage Insurance (“Genworth”), a subsidiary of Genworth Financial, Inc. (NYSE: GNW), today announced the launch of GENie, a cutting edge, highly automated enterprise underwriting platform designed to streamline its operations and enhance underwriter productivity. GENie automates manual underwriting processes such as document classification, data extraction, loan routing/assignment, and performance management, eliminating the need for underwriters to interface with multiple systems. “Innovation and technology that streamline our underwriting services remain a top priority for us,” said Paul Gomez, Senior Vice President and COO, Genworth Mortgage Insurance. “GENie is the type of platform that allows us to continue offering industry-leading turnaround times and drive new efficiencies via automation, further enhancing Genworth’s reputation as a mortgage insurance underwriting company determined to stay ahead of the technological curve and to make it even easier for our customers to do business.” The platform, developed in conjunction with leading mortgage technology provider, Tavant Technologies, will also improve workflow via a series of enhanced dashboards that more clearly demonstrate the progress of each individual underwriting application. “We’re thrilled to have collaborated with Genworth in the development of GENie,” said Hassan Rashid, EVP – Global Sales & Marketing, Tavant Technologies. “As the mortgage insurance industry continues to innovate, platforms like GENie will be key drivers in streamlining operations and maximizing efficiencies.” For more information, visit www.tavant.com Contacts For media inquiries, please contact: Jennifer Abraczinskas Genworth Mortgage Insurance 919 870.2195 [email protected] Vibhor Mishra Tavant Technologies 408 519.5400 [email protected] Originally published in Genworth website.
Tavant to exhibit at MBA’s Secondary Market Conference 2016
Santa Clara, Calif., May 13, 2016: Tavant, America’s leading innovative mortgage technology provider, announced today that it is exhibiting at the MBA’s National Secondary Market Conference & Expo, from May 15 – 18, 2016, New York. Tavant will showcase its custom application development capabilities for the secondary market that help evaluate, prototype, implement and deploy solutions such as securitization and risk management systems. Tavant will also present its recently launched mortgage data integration platform ‘Tavant FinConnect’, a modern mortgage data and services hub that connects the internal and external systems of the mortgage ecosystem to enable a digital mortgage experience. “We are happy to be recognized as a forward-thinking, experienced, and proven technology partner in the mortgage space. Our next-gen platforms such as Tavant FinConnect will enable the ongoing transformation in the industry,” said Vibhor Mishra, Director Marketing, Tavant Technologies. Apart from mortgage portals and technology transformation, Tavant provides regulatory and compliance implementation, mobile application development, software testing, and BI & Analytics to the Mortgage industry. Meet Tavant at exhibit #507 to learn more. Find Tavant Technologies on LinkedIn and Twitter. Media Contact: Vibhor Mishra Tavant Technologies +1-408-519-5400 [email protected]
Tavant Launches Game Changing Mortgage Data Integration Platform ‘FinConnect’ at MBA Technology Conference 2016
Los Angeles, Calif., April 5, 2016: Tavant, America’s leading innovative mortgage technology provider, announced today the launch of ‘Tavant FinConnect’, a game-changing solution for the mortgage industry. Tavant FinConnect is a modern mortgage data and services hub that connects the internal and external systems of the mortgage ecosystem to enable a digital mortgage experience. “Tavant FinConnect addresses the inefficiencies in the loan application lifecycle and enables lenders, servicers and their business partners to reimagine the home purchase and refinance experience. FinConnect is an integration platform and a comprehensive fabric of connectivity to myriad sources of data and services that simplifies the whole borrower journey through the mortgage process. It provides the lender the most up-to-date and consistent data about the borrower directly from the source, resulting in a borrower experience that is seamless, touchless, transparent, digital – in one word magical,” said Mohammad Rashid, head of consumer lending and capital markets practice at Tavant. “We provide RESTful APIs that were built ‘by developers for developers’ to make the integration faster and simpler. Tavant FinConnect also includes a development SDK that allows developers to create additional integration pathways on the platform.” he added. “We have been providing innovative mortgage technology solutions for more than 16 years. Our solutions have significantly enhanced the end-user experience for lenders. We have been listed among most innovative technology firms in the U.S. housing economy for more than two years in a row now,” added Vibhor Mishra, Director of Marketing, Tavant. “Tavant FinConnect is yet another promise to the industry of our commitment to continuous innovation.” Find Tavant on LinkedIn and Twitter. For further information, please contact: Vibhor Mishra Tavant +1-408-519-5400 [email protected]
Tavant Named Top Innovative Technology Company Second Time in a Row
Santa Clara, Calif., March 31, 2016– Tavant, America’s leading innovative mortgage technology provider, announced today that it has earned its place in HousingWire’s 2016 HW TECH100™ list, which highlights the housing economy’s top 100 technology innovators. This is the second time in a row that Tavant has been recognized for its leading-edge, customized mortgage technology solutions. “Tavant has been committed to developing cutting-edge technology solutions that produce game-changing results for mortgage companies. Recognition from Housing Wire, for two consecutive years, is truly an honor,” said Hassan Rashid, Executive Vice President – Global Sales & Marketing, Tavant. Tavant has been selected for its Accelerated Portal Development Framework, which is a suite of advanced development patterns, frameworks, libraries and testing tools that provide an accelerated path to portal design, development, testing, and production deployment. It allows Tavant to develop portals that are highly customized, configured and aligned with their customer’s needs but designed, developed and deployed in record time. Find Tavant Technologies on LinkedIn and Twitter. About Housing Wire HousingWire is the nation’s most influential industry news source covering the U.S. housing economy, spanning residential mortgage lending, servicing, investments and real estate operations. The company’s news, commentary, magazine content, industry directories, and events give more than one million industry professionals each year the insight they need to make better, more informed business decisions. Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B2B Banking/Business/Finance category, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International. Learn more at http://www.housingwire.com. For further information please contact: Vibhor Mishra Tavant +1-408-519-5400
Tavant is a Diamond Sponsor for MBA’s National Technology in Mortgage Banking Conference & Expo 2016
Santa Clara, Calif., March 29, 2016: Tavant, America’s leading innovative mortgage technology provider, announced today that it is a Diamond sponsor for MBA’s National Technology in Mortgage Banking Conference & Expo 2016, April 3–6, 2016, Los Angeles, California. At the conference, Tavant experts will showcase its customized software solutions for the mortgage industry that enable their clients to transform the lending experience. “Our cutting-edge technology solutions have enabled mortgage companies create new paradigms in customer interaction and experience. We have earned a position in the HW TECH100TM – top 100 innovative technology companies for the second time in a row,” said Hassan Rashid, Executive Vice President – Global Sales & Marketing, Tavant. Tavant will also be presenting its unique ‘Surround and Extend’ Strategy that allows mortgage companies achieve superior user engagement, business agility and return on investments in a short span of time without having to replace their software investments. Tavant is renowned for its in-depth mortgage domain expertise and customized software solutions that help increase application submissions, accelerate lead conversions & cycle times, reduce overall costs, improve borrower retention, transform customer experience. “We have more than 16 years of broad industry knowledge, working with the best names. This has helped us gain a rich insight for developing technologies, strategies and solutions that address the critical problems that mortgage companies are facing now,” added Vibhor Mishra, Director Marketing, Tavant. Meet Tavant at JW Marriott L.A. Live to learn more. Find Tavant on LinkedIn and Twitter. Media Contact: Vibhor Mishra Tavant +1 (408) 519-5400 [email protected] tavant.com
Sierra Pacific Mortgage Selects Tavant as Preferred Technology Partner
SANTA CLARA, Calif. – March 24, 2016 Tavant, America’s most innovative mortgage technology company, today announced that it has partnered with Sierra Pacific Mortgage (SPM) to help design and implement a technology transformation roadmap. Currently celebrating its 30th anniversary, Sierra Pacific Mortgage is the tenth largest privately held lender nationwide and has been recognized by Mortgage Technology magazine as one of the ‘Top 25 Tech-Savvy Lenders’ for four consecutive years. Tavant will develop a single origination platform for the retail channel, consolidating origination and key fulfilment functions from the disparate systems with integrations to SPM’s enterprise data systems. The origination platform will become the foundation for all channels, including retail, wholesale, correspondent, and consumer-direct. It will empower loan officers with best-in-class lead management and point of sale tools as well as improved collaboration between all stakeholders. “Tavant is excited to partner with Sierra Pacific Mortgage, a market leader,” said Hassan Rashid, Executive Vice President, Tavant. “We have an excellent team of business and technical experts bringing in thought leadership. We are confident that our solutions will create a compelling customer experience and competitive edge for Sierra Pacific Mortgage.” Tavant will leverage its “surround and extend” strategy to scale the current system with advanced functionalities such as eClosing, full mobile capabilities, compliance controls, comprehensive dashboards, multichannel communication and alternative pricing scenarios. “Tavant has established its name as a forward-thinking, knowledgeable, and proven technology partner in the mortgage space. We look forward to working with them on our origination platform,” said Gary Clark, COO, Sierra Pacific Mortgage. “Tavant’s solution will help us enhance our online presence, improve efficiency customer service, and provide seamless interaction between our consumers and originators.” Find Tavant on LinkedIn and Twitter. About Sierra Pacific Mortgage Sierra Pacific Mortgage is a leading national independent mortgage banking company, based in Folsom, CA, serving the retail, wholesale, and correspondent mortgage banking markets in 49 states through 8 regional fulfillment centers. Sierra Pacific’s mission is to deliver consistent, competitive pricing, and to provide its customers the finest experience through streamlined systems, the best industry tools, effective communication, and superior customer service with every branch, every day. For more information or to contact Sierra Pacific Mortgage Corporate, call (916) 932-1700. Please send all correspondence to Sierra Pacific Mortgage Corporate, 1180 Iron Point Road, Suite 200, Folsom, CA 95630. Corporate NMLS 1788. Media Contacts: Vibhor Mishra Tavant [email protected] + 1 (408) 519 5400 Christina Long Sierra Pacific Mortgage [email protected] + 1 (916) 932 1700 www.sierrapacificmortgage.com
Darien Rowayton Bank Selects Tavant to Enable Next Generation Mortgage Lending Platform
SANTA CLARA, Calif., March 8, 2016 – Tavant, a market leader in building mortgage technologies, announced that it has been selected by Darien Rowayton Bank to create an advanced retail mortgage platform. DRB (Darien Rowayton Bank) is a national bank and the fastest marketplace lender to reach $1 billion in student loan refinancing originations. This mortgage initiative further expands the bank’s foothold in consumer lending and is a major part of the bank’s strategic roadmap. The mortgage technology platform features a re-imagined loan origination and application process. The application is online, mobile friendly, and eliminates the need for a paper-based processes. The highly interactive user interface makes use of the most modern web development frameworks, and the intuitive design is optimized to provide an incredibly transparent and easy to navigate application. Its intelligent system architecture provides real-time responses, simplifying the borrower experience into easy to understand components. “Darien Rowayton Bank is disrupting the way mortgages are done in the United States, and we are excited to be a part of it,” said Hassan Rashid, Executive Vice President, Tavant. “This is the start of a new wave in the mortgage industry powered by leading-edge technologies and we have the appropriate industry experience and software expertise to enable that.” Tavant is known for delivering both a flexible approach to capturing customer needs and strategic approach to building relationships. Instead of a single one-size-fits-all platform, Tavant leverages its experience and expertise to create unique solutions to address customer challenges. “Tavant’s understanding of our strategy coupled with their deep experience in mortgages made them the right partner to develop a modern mortgage lending platform,” said Gary Lieberman, Chairman of DRB. “While DRB started with a national student lending platform, we view mortgages as the next step in our vision of building out a complete set of financial solutions for our customers throughout their lives.” Find Tavant Technologies on LinkedIn and Twitter. About Darien Rowayton Bank DRB (Darien Rowayton Bank) is a leading bank, national marketplace lender, and the fastest lender in industry history to reach $1 billion in student loan refinancings. FDIC insured and established in 2006, DRB has helped thousands of professionals with graduate and undergraduate degrees across the country to refinance and consolidate federal and private student loans, saving these borrowers thousands of dollars each. Source: Tavant and Darien Rowayton Bank Media Contacts: Vibhor Mishra Tavant [email protected] (408) 519 5400 Jenny Chou DRB (Darien Rowayton Bank) [email protected] (212) 712-2100
Tavant Sponsors Ellie Mae Experience 2016
Santa Clara, Calif., February 25, 2016: Tavant, America’s leading innovative mortgage technology company, announced today that it is a gold sponsor of Ellie Mae (NYSE: ELLI) Experience 2016, from February 29 – March 2, 2016, Wynn Las Vegas. At the conference, Tavant will showcase its Encompass® implementation and customization expertise. The specialized mortgage technology partner will demonstrate its capabilities to differentiate its clients from competition – the perfect blend of technology and user experience. “We have significant Encompass expertise to meet any customization, implementation, testing or configuration needs,” said Hassan Rashid, Executive Vice President – Global Sales & Marketing, Tavant. “We have been rated among top mortgage technology companies and are committed to continuously provide innovative solutions to our customers.” A gold sponsor of Ellie Mae’s Experience 2016, Tavant will have its Encompass certified professionals present their unique Surround and Extend model. Tavant will also showcase its expertise in mortgage portals, Mobile Application Development and Data Analytics, and other solution capabilities throughout the entire mortgage process. “Tavant has more than 16 years of experience in developing mission-critical, enterprise-class, mortgage solutions and more than 600 people trained and certified in the mortgage and consumer lending space,” said Vibhor Mishra, Director Marketing, Tavant. “We have enabled leading mortgage companies transform and refresh their applications and platforms to enhance user experience, improve performance and reduce operating expenses”. Meet Tavant experts at Booth 718, Wynn Las Vegas. Find Tavant on LinkedIn and Twitter. Media Contact: Vibhor Mishra Tavant. +1 (408) 519-5400 [email protected] tavant.com
Tavant Sponsors MBA’s National Mortgage Servicing Conference & Expo 2016
Santa Clara, Calif., February 11, 2016 Tavant, America’s leading innovative mortgage technology provider, announced today that it will sponsor MBA’s National Mortgage Servicing Conference & Expo 2016, from February 16 – 19, 2016, Orlando, Florida. At the conference, Tavant’s experts will showcase their experience in developing customer-centric servicing portals with intuitive design and rich user experience, custom mobile applications and real-time dashboards with descriptive & predictive analytics. “The fact that Tavant has been rated among the top 100 technology companies in HW TECH100TM is a testimony to our commitment of developing leading-edge technology solutions that produce game-changing results for mortgage companies,” said Hassan Rashid, Executive Vice President – Global Sales & Marketing, Tavant. Tavant will also be presenting its unique ‘Surround and Extend Strategy’ for servicing and special servicing platforms that enable mortgage companies achieve superior user engagement, business agility and return on investments in a short span of time without having to replace their software investments. “With more than 16 years of deep industry experience, Tavant has enabled leading mortgage companies transform their applications & platforms to enhance user experience, ease maintenance and reduce operating expenses,” added Vibhor Mishra, Director Marketing, Tavant. Meet Tavant experts at Winter Park 50, The Hyatt Regency, Orlando, FL. Find Tavant on LinkedIn and Twitter.
Tavant to Participate in MISMO Winter Summit 2016
SANTA CLARA, Calif., January 8, 2016 – Tavant, the leading mortgage technology provider in the U.S, announced that it will be participating in MISMO Winter Summit 2016, to be held from January 11-15, 2016, in Tampa, Florida. At the conference, Tavant will participate in industry work group sessions and engage in standard setting activities. Tavant has over 16 years of mortgage domain expertise and has delivered cutting edge mortgage technology solutions to leading mortgage enterprises helping them improve borrower retention and transform the customer experience in a highly competitive and regulated environment. Meet Tavant Mortgage experts at Intercontinental Tampa, Tampa, Florida, to learn how their mortgage technology solutions can help your business About Tavant Headquartered in Santa Clara, California, Tavant is a specialized software solutions & services provider that provides impactful results to its customers across North America, Europe, and Asia-Pacific. Founded in 2000, the Company employs over 1500 people and is a recognized Top Employer. As a key solutions provider to the Consumer Lending industry, Tavant has demonstrated expertise in helping mortgage firms convert more leads, cut costs and retain borrowers. Find Tavant on LinkedIn and on Twitter. About MISMO Winter Summit The MISMO Summits offer you an opportunity to learn more about MISMO and to engage in face-to-face standard setting activities. Educational sessions are designed to meet the needs of everyone from those new to MISMO to those with years of experience. The Winter Summit will be held at the InterContinental Tampa at 4860 West Kennedy Blvd, Tampa, Florida.
Tavant to exhibit at MBA Annual Convention 2015
SANTA CLARA, Calif. October 12, 2015 – Tavant, a leading global provider of specialized mortgage technology solutions, today announced that it will be exhibiting at the MBA Annual Convention, from October 18 – 21, 2015. At the conference, Tavant will be showcasing its expertise in developing customized solutions for the entire mortgage lifecycle from point of sale through servicing and securitization. “With more than 15 years of industry experience, our customized mortgage software solutions help mortgage companies enhance borrower experience – from origination to servicing,” said Hassan Rashid, Executive Vice President – Global Sales & Marketing at Tavant. “Tavant has made successful strides in enhancing lenders and servicers IT infrastructure and business processes to meet the complex challenges in a highly competitive and regulated environment.” At the convention, Tavant Technologies will showcase its solution expertise including: self-service mortgage portals, enterprise & consumer mobile application development, data analytics, mortgage technology transformation, Salesforce.com customization & integration, regulatory & compliance, QA & software testing and, information security. Tavant will also be showcasing its unique ‘surround & extend’ strategy that provides a migration path for current mortgage systems. It enables companies to achieve superior user engagement, business agility and return on investments in a short span of time. “MBA Annual is the largest annual gathering of its kind in the country for the Mortgage industry. We are looking forward to network and share best practices with industry peers and experts,” said Vibhor Mishra, Director Marketing, Tavant Technologies. “Tavant is excited to bring on board its latest technology offerings.”
Tavant announces technology partnership with Fremont Bank
SANTA CLARA, Calif., July 8, 2015 – Tavant, a leading global provider of specialized software solutions and services to the mortgage industry, today announced the successful launch of Fremont Bank’s improved wholesale loan origination channel. This successful online application launch will be instrumental in strengthening the bank’s position in the market and offer improved experience to its business partners. “Tavant leveraged its mortgage industry knowledge and technology expertise to help us build a wholesale portal that is streamlined, secure and easy to use,” said Gary De Luca, Senior Vice President and Group Executive – Residential Lending at Fremont Bank. “We’re excited about this improved portal and we are certain that our mortgage partners will appreciate the greater level of service we now are able to provide. Tavant has proven to be a great partner and we continue to be impressed with the level of quality found in their customized mortgage solutions.” “As we congratulate Fremont Bank on the launch today, we look forward to developing full–lifecycle mortgage solutions that will enhance operational efficiencies, improve partner relationships and create a competitive edge for Fremont Bank,” said Hassan Rashid, Executive Vice President at Tavant Technologies. “We remain committed to providing impactful technology solutions to the mortgage industry leveraging our deep industry experience.” Find Tavant Technologies on LinkedIn and Twitter. About Fremont Bank Fremont Bank (www.fremontbank.com) is a leading retail and commercial bank, California mortgage lender, award-winning top philanthropic business and consistently ranks in Bay Area News Group’s “Top Bay Area Workplaces.” Founded in 1964, Fremont Bank is one of the oldest independent family-owned and managed banks in the state and focuses on personalized service for clients. It has 18 branches across the counties of Alameda, Contra Costa, Santa Clara, San Francisco, and Monterey with a loan production office in Los Angeles county. Find Fremont Bank on Facebook at fb.com/FremontBank and on Twitter at @FremontBank. Media contact: Vibhor Mishra Director of Marketing, Tavant Technologies T: +1 408-519-5400 E: [email protected] Laura Owen Director of Marketing, Fremont Bank T: +1 925-315-3904 E: [email protected]
Tavant Sponsors MBA’s Mortgage Technology Conference 2015
SANTA CLARA, Calif., March 27, 2015– Tavant, a leading global provider of specialized software solutions & services to the Consumer Lending industry, announced today that it will sponsor the MBA’s National Technology in Mortgage Banking Conference & Expo, from March 29 to April 1 2015, Orlando, FL. At the conference, Tavant will showcase its customized mortgage technology solutions including self-serving portals, mobile compatibility, regulatory compliance, Salesforce.com customization integration and, information security. Manish Arya, Chief Technology Officer, Tavant, is speaking at the panel discussion on mobile strategy on March 30. The panel will discuss the latest developments in mobile technology and the critical considerations to launching a mobile strategy. “Mortgage banks and companies are embracing technology solutions to enhance customer acquisition and retention. With solutions getting quickly obsolete in the ever-changing mortgage banking industry, Tavant’s solutions offer a ‘surround & extend’ strategy that provides a migration path for current mortgage systems. It enables companies to achieve superior user engagement, business agility and return on investments in a short span of time,” said Vibhor Mishra, Director – Marketing, Tavant. “Much of industry’s current focus is on compliance. We have helped global lenders and servicers to interpret, map and implement the latest technology changes to suit regulatory & compliance requirements,” he added. With more than 15 years of industry experience, Tavant’s customized mortgage software solutions increase application submissions, improve lead conversion rates, reduce processing costs, improve borrower retention, transform customer experience and address the changing regulatory requirements. To set up a meeting with a Tavant expert or schedule a demo, write to [email protected] About Tavant Headquartered in Santa Clara, California, Tavant is a specialized software solutions & services provider that provides impactful results to its customers across North America, Europe, and Asia-Pacific. Founded in 2000, the Company employs over 1500 people and is a recognized Top Employer. As a key solutions provider to the Consumer Lending industry, Tavant has demonstrated expertise in helping mortgage firms convert more leads, cut costs and retain borrowers. Learn more at tavant.com/fintech Find Tavant on LinkedIn and Twitter.
Tavant Sponsors MBA’s National Mortgage Servicing Conference
Santa Clara, Calif., February 20, 2015: Tavant, a leading provider of specialized software solutions & services globally to the Consumer Lending industry, announced today that it will sponsor the MBA’s National Mortgage Servicing Conference, from February 23 – 26, 2015, at Dallas TX. At the Conference, Tavant’s experts will showcase their experience in developing borrower-oriented Servicing Portals with intuitive design and high-touch user experience, extremely efficient mobile applications and real-time dashboards with descriptive & predictive analytics. “Mortgage servicing companies rely on their portals – their interface to borrowers. The portals, should, therefore ideally cross boundaries to provide a range of service options, ease of use and superior customer experience. Tavant has enabled leading mortgage companies transform and refresh their components & platforms to the latest technical stack for easier maintenance and reduced operating expenses” says Hassan Rashid, Executive Vice President – Global Sales & Marketing, Tavant Technologies. Tavant will also be presenting its unique ‘Surround and Extend Strategy’ for Servicing and Special Servicing platforms including the HARP and loan modification plans that enables mortgage companies to achieve superior user engagement, business agility and return on investments in a short span of time without having to replace their software investments. “With more than 14 years of deep industry experience, Tavant continues to be a partner of choice for leading mortgage companies. Tavant’s knowledge of regulatory requirements has helped lenders and servicers interpret and implement the latest CFPB-related regulations for the originations and servicing businesses,” added Vibhor Mishra, Director Marketing, Tavant Technologies.
National MI Names Tavant a Preferred Technology Provider
SANTA CLARA Calif., February 18, 2015 – Tavant Technologies today announced that National Mortgage Insurance Corporation (National MI) has named Tavant Technologies a preferred technology provider. Tavant is a leading global provider of specialized software solutions and services for the mortgage industry. The recognition highlights a two-year relationship between the companies“Tavant leveraged its agile development methodology to help National MI create an integrated platform that manages the entire life cycle of the MI policy, from rate quotes to claims,” said Jay Sherwood, president of National MI. “Tavant’s extensive knowledge of the mortgage industry, along with its deep experience in custom mortgage solutions–spanning sales, origination, and servicing–have helped National MI enhance operational efficiencies,” said Sherwood. “Tavant’s consistent delivery of high quality solutions on several successful projects has enabled us to keep overhead low and to improve the customer experience.” For example, Tavant has worked closely with National MI to help in its efforts to increase application submissions, improve conversion rates, and lower processing costs, Sherwood said. “We are happy to have been given this preferred provider status by National MI,” said Hassan Rashid, executive vice president with Tavant Technologies. “The selection is proof of our deep expertise in the mortgage domain and our commitment to customer success. Tavant is pleased to have the opportunity to demonstrate our capability to develop a full-lifecycle suite of customized solutions that we believe function seamlessly with the existing IT infrastructure and business processes of National MI.” About Tavant Technologies: Headquartered in Santa Clara, California, Tavant Technologies is a specialized software solutions & services provider that leverages its expertise to provide impactful results to its customers across North America, Europe, and Asia-Pacific. Having leveraged its unrivalled capabilities and domain insights to create game changing results for leading businesses across chosen industry micro-verticals, Tavant Technologies is known for long-lasting customer relationships, engineering excellence and passionate employees. Founded in 2000, the Company employs over 1000 people and has been recognized as Top 25 Best Companies to Work For.
Tavant to Exhibit at the MBA’s Annual Convention & Expo 2014
Santa Clara, Calif., October 10, 2014: Tavant, a leading global provider of specialized software solutions to the mortgage industry, today announced that it will be exhibiting in MBA’s Annual Convention & Expo 2014 to be held from the 19th to the 22nd of October at Las Vegas. At the event, Tavant will showcase its full-lifecycle suite of solutions that fit perfectly and function seamlessly with existing IT infrastructures and business processes of leading mortgage companies. “Tavant provides a migration path to enable customers to Encompass, Extend and Enrich existing software systems to achieve superior user engagement, business agility and return on investments,” says Hassan Rashid, Executive Vice President – Global Sales & Marketing, Tavant Technologies. “We leverage our 14+ years of deep industry experience, when developing highly customized mortgage solutions – spanning sales, origination, servicing, special servicing and securitization for leading global mortgage companies.” he adds. At the convention Tavant experts will showcase use-cases and expertise in niche areas related to Loan Origination Systems, Consumer Direct Portal, Third-party Origination portal, Default Management and Analytics. About Tavant Technologies: Headquartered in Santa Clara, California, Tavant Technologies is a specialized software solutions & services provider that leverages its expertise to provide impactful results to its customers across North America, Europe, and Asia-Pacific. Having leveraged its unrivalled capabilities and domain insights to create game changing results for leading businesses across chosen industry micro-verticals, Tavant Technologies is known for long-lasting customer relationships, engineering excellence and passionate employees. Founded in 2000, the Company employs over 1000 people and has been recognized as Top 25 Best Companies to Work For.
Tavant to participate in MBA’s Regulatory Compliance Conference 2014
Santa Clara, Calif., September 23, 2014: Tavant, a leading global provider of specialized software solutions, today announced that it will be participating in MBA’s Regulatory Compliance conference 2014, to be held from the 28th to 30th September at Washington D.C. At the conference, Tavant will showcase its capabilities in providing software solutions that address changing regulatory and compliance requirements of the mortgage industry including CFPB’s RESPA-TILA 2015. Tavant has more than 12 years of mortgage domain expertise and has provided leading mortgage enterprises with solutions that have helped increase application submissions, improve borrower retention and transform customer experience. Meet Tavant’s experts at Grand Hyatt, Washington, DC, to learn how their Mortgage solutions can help you. Email [email protected] to set up a meeting with Tavant’s mortgage experts. About MBA’s Regulatory Compliance Conference 2014: MBA’s Regulatory Compliance Conference 2014 will offer the most comprehensive updates available on new rules, and new interpretations of previously released rules, including practical tips and guidance. Sessions are available for all experience levels, including advanced topics for the seasoned professional, “101” sessions for those new to the industry, and a litigation forum. About Tavant Technologies: Headquartered in Santa Clara, California, Tavant Technologies is a specialized software solutions & services provider that leverages its expertise to provide impactful results to its customers across North America, Europe, and Asia-Pacific. Having leveraged its unrivalled capabilities and domain insights to create game changing results for leading businesses across chosen industry micro-verticals, Tavant Technologies is known for long-lasting customer relationships, engineering excellence and passionate employees. Founded in 2000, the Company employs over 1000 people and has been recognized as Top 25 Best Companies to Work For.
Tavant to Participate in 100th MBA Annual Convention
Santa Clara, CA, September 26, 2013: Tavant, a leading provider of software services and solutions to the real estate finance industry, will be attending the MBA Annual Convention and Expo to be held during October 27 – 30 at the Walter E. Washington Convention Centre, Washington DC. At the event, Tavant will be showcasing its domain expertise-led technology solutions and capabilities for the real estate finance industry. A team of experts from Tavant will be sharing best practises and technology know-how that can help mortgage companies address their Loan Origination, Servicing and Securitization challenges. Meet company’s experts at Courtyard Washington Convention Center to learn how its mortgage solutions can help you. Email [email protected] to set up a meeting with Tavant’s mortgage experts. About MBA Annual Convention MBA Annual is the largest annual gathering of its kind in the country. The event is designed for mortgage professionals and others interested in learning about the latest technology, security products and services for the real estate finance market.This year’s 100th Annual Convention 2013 features enhanced educational content, industry experts on the important topics facing the mortgage industry. About Tavant Technologies Tavant Technologies is a specialized software solutions & services provider that leverages its expertise to provide impactful results to its customers. We have leveraged our unrivalled capabilities and domain insights to create game changing results for leading businesses across chosen industry micro-verticals. We are known for our long-lasting customer relationships, engineering excellence and passionate employees. Founded in 2000, we are headquartered in Santa Clara, California and service customers across North America, Europe, and Asia-Pacific.
Tavant Sponsors MBA’s Mortgage Technology Conference.
Santa Clara, CA, March 27, 2013: Tavant, a leading IT solutions and services provider to the mortgage vertical – today announced that it is co-sponsoring the MBA’s National Technology in Mortgage Banking Conference & Expo during April 14-17 in the ‘The Westin Diplomat’ in Hollywood, Florida. During the expo, Tavant Technologies will showcase why lenders focused on capturing a larger share of a shrinking market are turning to us to help build technology solutions for their retail, wholesale and correspondent channels. MBA’s National Technology in Mortgage Banking Conference & Expo 2013 is designed for CIOs/CTOs, senior level executives, business managers in loan production, servicing and secondary market operations professionals, and anyone else interested in learning about the latest technology and security products and services for the real estate finance market Visit the conference website to know more. Connect with us at the conference to learn how our solutions can help you originate better quality loans, cheaper and faster.To setup a meeting, send an email to [email protected] and to schedule a demo during the conference at The Westin Diplomat, FL in Conference room #317. About Tavant Technologies Tavant Technologies is a specialized IT solutions & services provider that leverages its expertise to provide impactful results to its customers. We have leveraged our unrivaled capabilities and domain insights to create game changing results for leading businesses across chosen industry micro-verticals. We are known for our long-lasting customer relationships, engineering excellence and passionate employees. Founded in 2000, we are headquartered in Santa Clara, California and service customers across North America, Europe, and Asia-Pacific.
Tavant Attends MBA’s 99th Annual Convention & Expo.
Santa Clara, CA, September 28, 2012: Tavant, a leading IT solutions and services provider to niche verticals – today announced that it will be attending the MBA’s 99th Annual Convention & Expo, October 21st through 24th at the Hyatt Regency in Chicago. During the expo, Tavant will focus on identifying and making contact with potential prospects, partners and end users. Tavant is excited to be able to demonstrate the benefits their solution can provide at the MBA’s largest conference. MBA’s 99th Annual Convention & Expo 2012 is the premier event for industry leaders to gather from across the country to discuss business solutions, connect with industry experts and work to shape the strategic direction of real estate finance. Attendees of this event will join several other real estate finance professionals seeking strategic options to today’s business challenges. Featured speakers include Bill Clinton, Founder of the William J. Clinton Foundation and 42nd President of the U.S; Rudy Giuliani, Former Mayor of New York City; Admiral Eric Olson, Former Commander of the U.S. Special Operations Command, Charlie Cook, Editor and Publisher of The Cook Political Report. Connect with us at the conference to learn how our solutions can help you originate more loans, reduce risk and increase revenue. To setup a meeting, send an email to [email protected] About Tavant Technologies Tavant is a specialized IT solutions & services provider that leverages its expertise to provide impactful results to its customers. We have leveraged our unrivaled capabilities and domain insights to create game changing results for leading businesses across chosen industry micro-verticals. We are known for our long-lasting customer relationships, engineering excellence and passionate employees. Founded in 2000, we are headquartered in Santa Clara, California and service customers across North America, Europe, and Asia-Pacific.
Tavant Attends MBA’s Mortgage Technology Conference & Expo 2012
Santa Clara, CA, March 23, 2012 – Tavant, – a leading IT solutions and services provider to niche verticals – today announced that it is attending MBA’s National Technology in Mortgage Banking Conference and Expo. The Expo will be held from April 22 to 25, 2012 at the Arizona Biltmore in Phoenix, AZ. MBA’s Mortgage Technology Conference is the largest annual gathering of its kind in the country. The conference focuses on industry-relevant topics, including compliance, legal/regulatory updates, eMortgage, investor reporting changes, and technology advances such as mobile computing and social media. The event brings together senior CIOs/CTOs, senior-level executives, business managers in loan production, servicing and secondary market operations professionals on a common platform to share and discuss challenges and best practices. Visit the conference Website to know more. Meet up with us at the conference to learn how our solutions can help you originate more loans, reduce risk, and increase revenue. To set up a meeting, send an email to [email protected] About Tavant Tavant is a specialized IT solutions & services provider that leverages its expertise to provide impactful results to its customers. We have leveraged our unrivaled capabilities and domain insights to create game-changing results for leading businesses across chosen industry micro-verticals. We are known for our long-lasting customer relationships, engineering excellence and passionate employees. Founded in 2000, we are headquartered in Santa Clara, California and service customers across North America, Europe, and Asia-Pacific.