SANTA CLARA, Calif.--(BUSINESS WIRE)--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 fulfilment 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.
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. Find Tavant Technologies on LinkedIn and Twitter.