Optimal Blue is the largest provider of secondary marketing automation to the mortgage industry. The $750 billion of loan transactions it handles provides it with an incredibly rich data set. Optimal Blue is using its data to create benchmarking using its Enterprise Analytics. Insights include margins and profitability of lenders.
Every industry has become obsessed with benchmarking as a way of understanding how their business compares to others in its industry. Platforms that enable transactions produce an incredible amount of data that is extremely valuable to industry participants. Optimal Blue’s addition of analytics to its BI suite is timely and will help its users to better understand and manage their business.
Finastra FusionPAYPlus attains SWIFT Certification, one of five global providers to achieve this status in Europe.
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The WatersTechnology Rankings are based on a survey of industry participants and is a peer ranking of financial technology.
Experian acquires Australian fintech “Look Who’s Charging” to supplement its banking transaction platform.
Gravity, a UK- based small and medium-size enterprise bank will use Finastra Fusion Essence Cloud Banking for loan and deposit book automation.
AU10TIX, an identity verification and biometric onboarding company, received a $60-million investment from TPG Capital, valuing the company at $260 million.