| Tavant Technologies Teams with Fifth Third Bank to Deploy Tavant’s Consumer Direct Lending Platform |
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Consumer Connect, a direct-to-consumer online lending website goes live |
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| Santa Clara, CA, November 19, 2008 – Tavant Technologies, a leading provider of specialized IT solutions and services for the Consumer Lending domain, today announced the successful launch of Consumer Connect - Tavant’s next generation direct lending platform for Fifth Third Bank’s business direct channel. Consumer Connect provides potential borrowers the ability to apply for a home loan online, access useful mortgage tools and information and obtain speedy pre-qualification decisions. Consumer Connect enhances Fifth Third Bank’s online branding, providing an improved and compelling user experience. At the technology level, the project successfully leverages and extends the ROI of key business critical applications and interfaces. |
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| Tavant offers a unique value proposition as an end-to-end partner to mortgage companies for the optimization of lending and servicing operations through technology. Tavant is an expert in building SOA based applications and it uses this expertise and its component-based platform to work with lenders on solutions that leverage existing IT systems, rather than replacing them, through a "surround not replace" approach. |
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| "We are excited to offer this next-generation platform to our customers," said Andy Ulrich, vice president and mortgage service applications manager at Fifth Third Bank. "Tavant’s online application platform will only strengthen our customer’s experience when looking to get a mortgage." |
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| "Tavant congratulates Fifth Third Bank for the on-schedule deployment of this direct-to-consumer website. We are excited to be associated with Fifth Third Bank and help them improve lead conversion." said Sarvesh Mahesh, CEO of Tavant. "Industry is facing challenging times - we understand the changing requirements of our customers and we adapt quickly to help them achieve their business objectives." |
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| About Tavant Technologies |
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| Tavant Technologies, headquartered in Santa Clara, Calif., is a specialized IT solutions and services provider. Since its inception in 2000, Tavant focuses on the development of applications for customers in the Consumer Lending. Trading & Securities, eBusiness and Manufacturing verticals. As a key solutions provider for the Mortgage industry, Tavant has demonstrated expertise in helping lenders convert more leads, cut costs and retain borrowers. Tavant differentiates itself through its ability to reliably apply technology to the most complex and highest performing application environments, in-depth industry domain expertise and a superior outsourcing experience. Tavant is a CMMI Level 4, ISO 27001 & SAS-70 compliant organization. |
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| For further information please visit www.tavant.com. |
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| About Fifth Third Bank |
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| Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $116 billion in assets, operates 18 affiliates with 1,298 full-service Banking Centers, including 93 Bank Mart(R) locations open seven days a week inside select grocery stores and 2,329 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania, Missouri, Georgia and North Carolina. |
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| Fifth Third operates five main businesses: Commercial Banking, Branch Banking, Consumer Lending, Investment Advisors and Fifth Third Processing Solutions. Fifth Third is among the largest money managers in the Midwest and, as of September 30, 2008, has $196 billion in assets under care, of which it managed $30 billion for individuals, corporations and not-for-profit organizations. Investor information and press releases can be viewed at www.53.com. |
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| Fifth Third's common stock is traded on the NASDAQ(R) National Global Select Market under the symbol "FITB." |
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Wolters Kluwer Financial Services and Tavant Technologies Team Up to Make Compliance Easier, Faster and More Accurate for Lenders |
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| MINNEAPOLIS and SANTA CLARA, Calif. – Oct. 20, 2008 – Wolters Kluwer Financial Services and Tavant Technologies announced today that they are working together to make the compliance documentation process for Tavant's mortgage lenders easier, faster and more accurate while giving them multiple document delivery options. The two companies have integrated Wolters Kluwer Financial Services’ Document Services Platform with Tavant’s Universal Point of Sale (POS) Platform. |
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| The new integration will enable Tavant’s POS users to generate standard and customized compliance documents and disclosures through Wolters Kluwer Financial Services' Document Services Platform, and then electronically deliver them to borrowers for e-consent and signature. The platform also give lenders the option of completely and securely outsourcing the printing and mailing of paper disclosures when needed or requested by the borrower through Wolters Kluwer Financial Services' SAS 70-certified mail fulfillment center. |
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| Because Wolters Kluwer Financial Services’ Document Services Platform automatically generates compliance documentation for Tavant’s lenders, they can greatly reduce the amount of time it takes to issue disclosures to borrowers and document loans versus a manual, labor-intensive paper-based process. And through the secure electronic delivery of disclosures, lenders can also realize considerable cost-savings through reduced printing, handling and mailing costs. |
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| "Tavant’s mission is to bring game-changing services, solutions and components to the consumer lending industry using the latest in SOA, Web2.0, RIA, Rules and Workflow technologies," said Hassan Rashid, senior vice president, Global Sales and Marketing, Tavant Technologies. "This enables our customers to create a significant competitive edge and attain cost efficiency, compliance, as well as profitability goals in a challenging business environment. Working with Wolters Kluwer Financial Services, an industry leader for document management, fulfillment and compliance services, helps us bring greater depth to our lending solutions and add significant business value for our customers." |
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| "Wolters Kluwer Financial Services is committed to helping mortgage lenders manage all of their regulatory and operational risks through our complete line of industry-leading compliance technology solutions," said Jason Marx, vice president and general manager, Mortgage, Wolters Kluwer Financial Services. "By working with leading providers in the mortgage market, like Tavant, we’re extending our reach into this space and helping more lenders grow their business by making compliance an easy and effective piece of their overall workflow." |
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| About Tavant Technologies |
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| Tavant Technologies, headquartered in Santa Clara, Calif., is a specialized IT solutions and services provider. Since its inception in 2000, Tavant focuses on the development of applications for customers in the Consumer Lending and Manufacturing verticals. As a key solutions provider for the Mortgage industry, Tavant has demonstrated expertise in helping lenders convert more leads, cut costs and retain borrowers. Tavant differentiates itself through its ability to reliably apply technology to the most complex and highest performing application environments, in-depth industry domain expertise and a superior outsourcing experience. Tavant is a CMMI Level 4, ISO 27001 & SAS-70 compliant organization. |
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| For further information please visit www.tavant.com. |
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| About Wolters Kluwer Financial Services |
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| Wolters Kluwer Financial Services provides best-in-class compliance, content, and technology solutions and services that help financial organizations manage risk and improve efficiency and effectiveness across their enterprise. The organization’s prominent brands include Bankers Systems, VMP® Mortgage Solutions, PCi, GulfPak, Desert Document Services®, AppOne®, GainsKeeper®, Capital Changes, NILS and AuthenticWeb™. |
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| Wolters Kluwer Financial Services’ solutions include integrated and stand-alone compliance and workflow tools, documentation, analytics, authoritative information and professional services. Customers include banks, credit unions, mortgage lenders and securities and insurance organizations of all sizes throughout the United States. For more information on Wolters Kluwer Financial Services, visit www.WoltersKluwerFS.com. |
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| Wolters Kluwer is a leading global information services and publishing company. The company provides products and services globally for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors. Wolters Kluwer has annual revenues (2007) of €3.4 billion ($4.8 billion), maintains operations in over 33 countries across Europe, North America, and Asia Pacific and employs approximately 19,500 people worldwide. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Visit www.WoltersKluwer.com for information about our market positions, customers, brands and organization. |
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 MBA’s 95th Annual Convention & Expo 2008 news |
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| Looking for a flexible IT partner to incrementally enhance your systems and create rapid ROI? Tavant: Solutions. Components. Services |
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Meet us at Howard
5th floor, Intercontinental San Francisco
during MBA’s 95th Annual Convention and Expo |
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Visit us at booth # 729
Moscone West |
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Contact us for an appointment
Email: bizdev@tavant.com
Phone: 866-9-TAVANT (866-9-828268)
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| LOWER YOUR IT COST WITH TAVANT'S FLEXIBLE AND DOMAIN BASED IT SERVICES. |
ENHANCE EXISTING SYSTEMS WITH TAVANT'S SOA-BASED FUNCTIONALITY COMPONENTS |
IMPROVE YOUR OPERATIONS THROUGH TAVANT'S RAPIDLY CONFIGURABLE SOLUTIONS. |
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| If you would like to receive more information on Mortgage Solutions click here |
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| MBA’s TECHNOLOGY CONFERENCE & EXPO NEWS |
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| Looking for a flexible IT Partner to incrementally enhance systems and create rapid ROI? Look No Further. |
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Meet us during MBA’s Technology Conference & Expo
March 16-19 at the Gaylord Texan Resort & Convention Center
Dallas, TX |
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Visit us at:
Texas Ballroom 5 on Level 3
Gaylord Texan Convention Center |
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Contact us for an appointment
Email: bizdev@tavant.com
Phone: 866-9-TAVANT (866-9-828268)
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| MORTGAGE IT SOLUTIONS & COMPONENTS |
IT OUTSOURCING SERVICES |
- Point of Sale (All Channels)
- Origination & Processing
- Default Management
- Loan Pooling & Securitization
- Pricing Engine
- Automated Underwriting System
- Vendor Management
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- Custom Development
- Maintenance & Enhancement
- QA/Testing
- Data Integration
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| If you would like to receive more information on Mortgage Solutions click here |
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| MBA's 94th Annual Convention News |
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“Looking for a flexible IT Partner to incrementally enhance systems and create rapid ROI? Look No Further.”
Sarvesh Mahesh, CEO
Meet us during MBA’s 94th Annual Convention & Expo
October 14-17 at the Hynes Convention Center
Boston, MA
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Visit us at:
Booth #701 / Meeting Room #102
at the Plaza Level
Contact us for an appointment
Email: bizdev@tavant.com
Phone: 866-9-TAVANT (866-9-828268)
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| MORTGAGE IT SOLUTIONS & COMPONENTS |
IT OUTSOURCING SERVICES |
- Point of Sale (All Channels)
- Origination & Processing
- Default Management
- Loan Pooling & Securitization
- Pricing Engine
- Automated Underwriting System
- Vendor Management
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- Custom Development
- Maintenance & Enhancement
- QA/Testing
- Data Integration
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| If you would like to receive more information on Mortgage Solutions click here. |
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| Overture Partners with Tavant Technologies to Offer Customizable,Cost-Effective, Best-of-Breed Solutions to Conduits and Correspondents |
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| Users benefit from systems tailored for their needs, at prices comparable to pre-built systems. |
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| BETHESDA, Maryland, May 20, 2007 – Overture Technologies, the mortgage industry’s leading developer of automated underwriting systems and Tavant Technologies, a leading provider of IT solutions to the mortgage industry, today announced the launch of a customizable end-to-end lending solution for Conduits and Correspondent lenders. This lending solution will allow Conduits to foster deeper relationships with correspondent partners and dramatically improve the efficiency of loan transactions and securitization operations. The solution is highly flexible and customizable, yet available to Conduits and Correspondent lenders with rapid implementation and at a price that is comparable to that of packaged lending systems. |
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| Using Overture’s Mozart Product Suite, Overture and Tavant offer solutions for loan acquisition, best loan execution, securitization and portfolio management specifically for Conduits and Correspondents. At it’s core, the Mozart Product Suite includes a pricing engine, automated underwriting engine, and a data normalization and validation engine. Overture and Tavant Technologies’ solutions allow Conduits and Correspondents to dramatically improve the efficiency of bulk and flow loan transactions, and for Conduits to optimize loan execution and the management of security and loan portfolios. |
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| “The Mozart Product Suite has shown to be most flexible and highest performing in the loan origination context. Through the solution that we are launching today, the power of the Mozart products is now available specifically for Conduits and Correspondents,” says Bill Kelvie, CEO of Overture Technologies. “Tavant Technologies understands our Mozart products intricately, and has created a great system for integrating Mozart products with the solutions used by correspondents and conduits in the market. This makes a flexible and customized solution available without the need and cost to replace existing systems.” |
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| Tavant has pioneered a component, service-oriented architecture based approach to custom application development that allows a “surround, not replace” system strategy that provides a migration path to continuous lending system enhancement. What this means to the client is the ability to achieve fast, iterative component-based enhancements to existing applications and systems, reduced implementation time, and immediate returns from IT-enabled process improvements. |
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| “Overture’s state-of-the-art Mozart technologies allows us to rapidly bring cost and efficiency improvement to existing systems of Conduits and Correspondent lenders or provide them with a customized end-to-end solution,” states Christoph Knoess, VP Marketing and Business Development of Tavant Technologies. “This allows these Conduits and lenders to rapidly and cost effectively address the key challenges in today’s market environment: dropping loan volumes, lower margins and loan quality challenges.” |
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| “Overture has always been focused on providing solutions that enable companies to do business the way that suits their goals and objectives,” adds Kelvie. “We’re very proud to be widening the path with even more options for our clients.” |
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| About Overture Technologies |
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| Overture Technologies develops and markets software products that automate business policy, decisions, and workflow management in a transparent, “owned-by-the-business” manner. Established in 2000, Overture’s technologies are used in many applications, most often to “underwrite the family’s balance sheet” in both the mortgage industry and student lending. Overture also offers Mozart™ the premier automated underwriting, pricing and product selection system for the mortgage industry. |
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| For further information please contact Overture at (301) 492-2141 or visit www.OvertureTechnologies.com |
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| About Tavant Technologies |
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| Tavant Technologies is a provider of IT Solutions and Services focused on the mortgageong industry. With a staff of over 1,200 located in three offices across the US and four offshore development centers, Tavant Technologies delivers business changing solutions and platforms to its clients in the mortgage industry. Tavant Technologies rapidly implements solutions based on an enterprise lending platform that includes functionality components for point of sale, origination, servicing and capital markets. Tavant’s core focus is on the automation of complex business processes with specialization in applying rules, decisioning, workflow and imaging technology to enable step-function change in lending efficiency. Tavant also offers a complete range of IT services and partners with its clients in the ongoing maintenance and management of their systems. |
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| For further information please contact Tavant Technologies at (866) 9-TAVANT or visit www.tavant.com. Top |
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| Tavant Technologies sponsors the upcoming MBA Secondary Market Conference & Expo |
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Tavant Technologies sponsors MBA’s National Secondary Market Conference & Expo. It is the largest annual gathering in the nation for secondary market executives, making it the best networking event of the year held at New York Marriott Marquis on May 20-23, 2007.
With dropping mortgage volumes, lower margins, and mortgage quality challenges, technology more than ever plays a critical role in ensuring maximum profitability of secondary markets and conduit operations. Tavant’s solutions have shown to create significant improvement: speed up loan acquisition and due diligence, support best loan execution and loan pool optimization, and ensure that security portfolios are managed effectively. Tavant has also integrated disparate data sources to allow for real-time decision making across the life of a mortgage and security. |
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| At the MBA National Secondary Market Conference & Expo, Tavant will showcase it’s suite of offerings that will help residential and capital market mortgage professionals to build for tomorrow. Tavant has a meeting suite (called Duffy) at the convention area, with a demo station, where focus meetings will be conducted with prospects.
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| To find out more about how Tavant can help you in maximizing the profitability of your secondary market and conduit operation, contact at (949) 632 6145. |
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| http://events.mortgagebankers.org/secondary2007/default.htmlTop |
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| Tavant is a platinum sponsor for the MBA Tech Show 2007 |
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MBA's National Technology in Mortgage Banking Conference & Expo is a prestigious event being conducted by the Mortgage Bankers Association. It is being held on March 25th to 28th 2007 at the Tampa Convention Center. Tavant Technologies is a Platinum sponsor of this event.
This event showcases ways to continue advancing one’s operations through technology.
Tavant will showcase its Mortgage IT Solutions in Point of Sale, Origination & Processing, Default & REO, Document Management and Loan Pooling & Securitization. |
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| Visit us at Booth #311 or write to s.param@tavant.com to see our demo and setup a meeting with our business solutions team during the show.Top |
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| MBA's 93rd Annual Convention News |
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“Looking for an IT partner who truly understands your mortgage business? Look no further.”
Sarvesh Mahesh, CEO
Meet us during MBA’s 93rd Annual Convention & Expo,
October 22-25 at the Fairmont Hotel,
Diplomat Room (3rd level), Chicago.
Tavant is a proud Silver Sponsor of this event |
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Visit us at:
Booth #701 / Meeting Room #102
at the Plaza Level
Contact us for an appointment
Email: bizdev@tavant.com
Phone: 866-9-TAVANT (866-9-828268)
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| MORTGAGE IT CAPABILITIES |
IT OUTSOURCING SERVICES |
- Point of Sale
- Origination & Processing
- Default Management
- Loan Pool & Capital Markets Optimization
- Documents & Electronic Loan Files
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- Testing & QA
- Remote Infrastructure Management
- Application Development
- Maintenance & Enhancement
- Performance Optimization
- Architecture Consulting
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