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Tavant launches FinDecision platform for Ellie Mae Encompass.

Silicon Valley-based Tavant, a provider of AI-powered digital lending technologies, has announced the launch of its FinDecision product for the Ellie Mae Digital Lending Platform, Encompass. FinDecision is a machine learning-based condition management and decisioning platform providing automated, single-click approach to achieving loan fungibility and operational best execution across agency Automated Underwriting Systems (AUS), as well as private investors.

FinDecision is a component of VΞLOX, Tavant’s AI-powered digital lending suite of products, that improves loan quality while enhancing the overall borrower experience. VΞLOX is digitally disrupting the lending industry with an immersive omnichannel experience and high-velocity execution. It maximizes the use of data-driven processes in the automation of loan origination lifecycle. Its modules include FinLeads, FinXperience, FinCapture, FinDecision, and FinConnect.

FinDecision enables lenders to see the full view of operational benefits available to their borrowers, improving the overall borrower experience. Lenders, through automation are also able to drive downtime and cost while improving loan quality. The platform automatically analyzes each loan file to verify eligibility for appraisal waiver and collateral, asset representation, income, and warranty relief benefits. Its AI-driven approach to loan data evaluation, identify inconsistencies, automated rule triggering for decision-ready digital loan files.

“We are committed to investing in technology that enhances the borrower experience and entitles greater efficiency, cost reduction, and speed to market. We value our strategic partnership with Ellie Mae greatly. With FinDecision, lenders can provide customers with more options like appraisal waivers, reduce costs, and ultimately, close more loans, faster,” said Mohammad Rashid, Head of Tavant’s Fintech Practice.

Tavant’s Digital Experience (DEX) Framework provides a digital analysis and benchmarking of your marketing acquisition and execution capabilities. Its FIRE (Framework for Intelligent and Rapid Execution) is an exclusive suite of solution accelerators that enhances the overall testing initiatives to deliver quality products.

Ellie Mae is a cloud-based platform provider for the mortgage finance industry. Its Ellie Mae Digital Lending Platform empowers lenders and investors to engage homebuyers and efficiently originate, close, sell and purchase loans that maximize ROI across their business from a single system of record. The platform offers an authentic digital mortgage experience across the entire workflow for every channel, every loan transaction and every customer type.

“We are enabling mortgage lenders to thrive in the digital era. Our solutions provide loan officers and back-office teams with data and augmented intelligence and making it effortless to deliver the best possible borrower experience while maximizing loan performance in the secondary market. FinDecision provides Ellie Mae Encompass lenders more transparency, allowing them to identify the loan that is most favorable to their borrower while cutting costs and closing loans faster,” said Abhinav Asthana, Tavant’s Head of Product.

Established since 2000, Tavant is a digital products and platforms company that provides impactful results to its customers across North America, Europe, and Asia-Pacific.

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