Tavant, a U.S.-based AI-powered digital technologies provider, announced on Tuesday its FinConnect platform, which is described as an intelligent lending data and enterprise mortgage services integration hub, has processed more than 10 million digital mortgage transactions in the past 12 months. The platform has also 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.
Tavant reported that FinConnect is a component of its AI-powered digital lending suite of products, VΞLOX, that connects the internal and external systems of the mortgage ecosystem, enabling an end-to-end, seamless digital mortgage experience. The platform’s full description reads:
“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.”
Founded in 2000, Tavant describes itself as a digital products and platforms company that provides impactful results to its customers across North America, Europe, and Asia-Pacific. The company explained that its delivery model provides close onsite interaction with customers and a strong process-oriented offshore team. At all levels, its employees continually interact to provide a superior outsourcing experience to customers.