has formed a partnership with Amata Solutions
to bring customized business intelligence tools to mortgage lenders. Richey May has also acquired an interest in the firm, which is led by mortgage industry veterans and provides technology and analytics that enable lenders to make more confident data-informed decisions.
Products and services provided by Amata Solutions will be wrapped into Richey May Technology Solutions, a division of Richey May launched earlier this year to provide lenders with technology consulting services, including cybersecurity tools and expertise. The partnership follows Richey May's recent acquisitions of two IT consulting firms, Arrow Partnership and Corporate Blue.
Amata Solutions provides business intelligence and data visualization tools that empower lenders with better access to data that enables them to make better decisions and improve efficiency. The company's solutions can be applied to all areas of the mortgage business and can be integrated across a mortgage lender's platforms, including its customer relationship management (CRM), loan origination system (LOS) and general ledger (GL/ERP). As a result of the partnership, Amata will be able to expand its business reach as well as provide its existing clients with access to assurance, tax and business advisory expertise through Richey May.
"Today's mortgage companies are in dire need of finding efficiencies wherever they can," said Ken Richey, Co-Founder and Partner of Richey May. "Unfortunately, most business analytics providers only focus on past results and lack the tools and expertise to help lenders plan ahead. With Amata Solutions as our partner, Richey May clients will have access to new resources that will enable them to thrive regardless of market conditions."