TheMReport — News and strategies for the evolving mortgage marketplace.
Issue link: http://digital.themreport.com/i/1085198
34 | TH E M R EP O RT SPECIAL ADVERTISING SECTION: BEST IN TECHNOLOGY GUIDE Black Knight KEY PERSONNEL Anthony Jabbour CEO, Black Knight Joe Nackashi President, Black Knight and Servicing Technologies Division Rich Gagliano President, Black Knight Origination Technologies Division Ben Graboske President, Black Knight Data and Analytics Division Tyler Sherman President, Black Knight Enterprise Business Intelligence Division STAFFING 4,700 employees CONTACT INFORMATION 601 Riverside Ave. Jacksonville, FL 32204 844.474.2537 BlackKnightInc.com COMPANY DESCRIPTION Black Knight, Inc. (NYSE:BKI) is a premier provider of innovative, high-performance software, data, and analytics to support lenders and servicers with first mortgages and home equity products. KEY FEATURES/BENEFITS With highly advanced software solutions for origination, servicing, default, and enterprise busi- ness intelligence across the loan life cycle, Black Knight helps clients drive financial growth, improve customer retention, increase operational efficiency, and reduce risk. These solutions are integrated with unique, comprehensive market and loan-level data— augmented with proprietary analytics—for clearer insights to optimize clients' success. BUSINESS LINES, SERVICES, AND PRODUCTS Black Knight's mission-critical solutions use artificial intelligence, digital, advanced business process automation, integrated workflow, rules engines, and more. By combining these powerful technologies with extensive industry expertise and continuous investments in bold, new capabilities, Black Knight is transforming the mortgage industry to help clients perform stronger in today's highly competitive marketplace. Businesses need data—coupled with powerful analytics—to identify next steps, find growth opportunities, or expose risks. The Black Knight Actionable Intelligence Platform (AIP) delivers actionable analytics for every level of a client's organization. These actionable analytics give executives a clear view of their company's performance across the enterprise, while managers are informed about activities that require attention so they can proactively respond and take informed action. The AIP also leverages Black Knight's unmatched breadth of data and end-to-end loan life-cycle capabilities to create actionable analytics that direct front-line employees so they can take appropriate and timely actions to capture opportunities and minimize issues. Businesses need better and faster analytic outcomes more than ever before to stay ahead of industry changes and to make more informed data- driven decisions. The Black Knight Rapid Analytics Platform (RAP) transforms the way companies work with big data and analytics by providing a unique, cloud-based interactive virtual analytics platform offering immediate results. Data scientists and analysts can either access Black Knight's vast data assets, upload their own data, or combine both to execute endless analytics and data-driven solutions. With RAP, changes can be made to scenarios, assumptions, coding language, or datasets with results updated instantly. Black Knight has added artificial intelligence (AI) and machine-learning capabilities to address the rising cost of origination and servicing. AIVA is an AI virtual assistant solution used to comprehend vast amounts of data, draw conclusions, and take action that can help lenders and servicers complete manual, repetitive tasks more efficiently. Lenders can save hours of work per loan by using AIVA to verify income and assets. By performing operational tasks more efficiently and virtually error-free, AIVA has the power to help drive down costs and risk. Expedite Close, an advanced eClosing platform, is another game-changing innovation from Black Knight that supports more streamlined real estate transactions through secure exchanges between all parties involved. This eClosing solution uses advanced intelligence to determine the best way to close a loan based on pre-configured lender preferences and jurisdictional requirements. Lenders can leverage Expedite Close for eSign and eDocument delivery from a single platform, which supports wet sign, hybrid, or a full digital close. Black Knight's innovative Servicing Digital solution enables our clients' customers to utilize their mobile devices for a more interactive and self-service-oriented loan experience. Using the app, which can be white-labeled to a servicer's brand, consumers can quickly make loan payments, view "what-if" scenarios around payment/refinance options, get notifications about their loan, and many more features. By delivering tools to enhance self-service capabilities, Servicing Digital can help improve customer retention and provide an ongoing connection to cross-sell other products. ADDED VALUE TO CLIENTS No other provider can match the advanced capabili- ties of Black Knight's integrated software, breadth of data, and powerful analytics for every aspect of the loan process. With Black Knight as a strategic partner, lenders and servicers gain an experienced, innovative ally to drive them forward for exceptional results.