SAN FRANCISCO--(BUSINESS WIRE)--Capsilon, a provider of cloud-based document and data management solutions for mortgage lenders and investors, has been named to the HousingWire 2015 HW TECH100™, HousingWire’s annual list of the 100 most innovative technology companies serving the U.S. mortgage finance and real estate industries. This marks the second year in a row that Capsilon has earned this respected industry distinction.
To select the 2015 HW TECH100, HousingWire evaluated more than 250 nominees along a number of different categories of technology innovation including uniqueness of solution, growth, market influence, market potential, and elegance of implementation. And, out of hundreds of nominated companies over the past two years, Capsilon is one of only 60 companies serving the housing industry to be named to the list two years in a row.
In selecting Capsilon, the HousingWire team of editors cited the latest release of the company’s flagship product, Capsilon DocVelocity®, which introduced new innovations including Automated Data Extraction and Centralized Data Validation, delivering on Capsilon’s vision for straight-through processing of mortgage loans, an exception-based workflow that reduces labor by 80 percent, speeds loan turn times, and ensures compliance. In addition, the editors cited Capsilon’s strong growth in 2014, which included a 58 percent increase in the number of DocVelocity users.
“We are innovating to deliver a technology-based workflow that improves the way mortgage lenders do business by minimizing labor, improving loan quality, and reducing loan production costs,” said Sanjeev Malaney, chief executive officer of Capsilon. “We are honored that HousingWire has recognized Capsilon for the second year in a row as an innovative technology company that is delivering solutions for the major challenges facing the mortgage industry.”
“Technology is changing both the mortgage and real estate industries in tangible and positive ways,” said Paul Jackson, publisher and chief executive officer of HousingWire. “The honorees that are part of the 2015 HW TECH100™ are shaping this revolution, helping forge the future of an industry that drives the U.S. economic engine.”
About the HW TECH100™
The HW TECH100™ highlights the housing economy’s 100 most innovative technology companies, along six unique dimensions of innovation. The annual awards program is the only program of its kind to include technology serving both the U.S. residential real estate and U.S. residential mortgage industries.
Capsilon provides comprehensive cloud-based document imaging and data capture solutions that enable mortgage lenders and investors to increase productivity and lower costs, while ensuring compliance. The company’s flagship product, Capsilon DocVelocity®, is a document and data management platform built specifically to address the needs of the largest mortgage lenders in the United States. Headquartered in San Francisco, Capsilon serves many of the mortgage industry’s most innovative lenders, including two of the 10 largest residential mortgage lenders in the United States. For more information, visit www.capsilon.com.
DocVelocity® is a registered trademark of Capsilon Corporation. All other marks are the property of their respective owners.