SANTA CLARA, Calif.--(BUSINESS WIRE)--Tavant, a leading innovative mortgage platform provider, announced today that its FinConnect mortgage data integration platform processed one million unique digital mortgage transactions in the last year enabling loan origination volumes of over $75B.
Tavant 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 CBC Innovis, ClosingCorp, ComplianceEase, CoreLogic, FormFree, MortgageCoach and Envestnet | Yodlee. FinConnect uses open source components and adheres to MISMO standards across most integration paths in the mortgage ecosystem. Tavant FinConnect is a part of Tavant VΞLOX - industry’s leading AI-powered digital lending platform.
“FinConnect reaching this significant transaction volume is an important milestone for our company. With 100+ connectors, FinConnect has been adopted by several of the leading lenders in the country,” said Mohammad Rashid, Tavant’s Head of Consumer Lending practice. “It is a simple, adaptable, scalable, efficient and cost-effective cloud-native mortgage industry data hub,” he further added.
“Reaching this notable milestone in transaction and loan origination volume establishes FinConnect as one of the game-changing digital mortgage platforms,” said Hassan Rashid, CRO, Tavant. “This achievement emphasizes our commitment to continuous innovation in the lending industry.”
About Tavant FinConnect and VΞLOX
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 omnichannel experience and high-velocity execution: from loan discovery to loan funding to loan servicing.
About Tavant Technologies
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.