Skip to main content

Sagent to Leverage Microsoft Azure’s AI to Transform the Lending Experience

NationalMortgageProfessional.com
Jun 07, 2019
Sagent Lending Technologies has appointed Dan Sogorka to the role of chief executive officer and president

Sagent Lending Technologies has announced a strategic initiative to transform the borrower and the lender experience through Microsoft Azure. Sagent will leverage the potential of artificial intelligence, machine learning, data science, and cognitive services available on Azure that will provide a reimagined experience for Sagent clients and their consumer borrowers.
 
Building on its strong foundation of SaaS technology and business process outsourcing capabilities, Sagent Lending Technologies, a joint venture between Warburg Pincus and Fiserv Inc., is partnering with Microsoft to transform the experience of auto, mortgage and consumer borrowers. To accomplish this, Sagent is working in an industry-changing way to deploy, operate, and secure software and services for the future of lending. This integration will use Azure to drive new levels of operating scale, end-to-end digital agility, and enhanced speed-to-market for Sagent clients that comprises a wide ecosystem of auto, mortgage and consumer lenders. It will also bring advanced data management and customer analytics that will be supplemented by Azure AI and Machine Learning tools to create an unequaled experience for borrowers and lenders.
 
“Having a vision for the future and realizing that through a thoughtful innovation plan supported by a strategic technology partner is what will uniquely allow our Sagent clients to win in the ever-evolving lending marketplace. Sagent is the technology partner for lenders who are willing to be a few steps ahead of the rest of the industry in realizing the future,” said Shaimaa Elk, EVP, CIO at Sagent Lending Technologies. “As a Microsoft Partner, Sagent’s utilization of the full breadth of the Azure cloud is central to realizing a vision for the future of lending and will benefit all of our clients by creating real innovation today and tomorrow.”
 
Toni Townes-Whitley, president of US Regulated Industries at Microsoft, said, “Sagent Lending Technologies is embarking on a mission to change the face of the auto, mortgage, and consumer lending industry. We will be able to offer our mutual clients greater flexibility in how they receive and consume Sagent’s solutions using Microsoft technologies, and we will create a new customer experience and financial ecosystem in this digital age.”

 
Published
Jun 07, 2019
More from
Tech
LBA Ware And Experience.com Produce New Customer Satisfaction Integration

LBA Ware's LimeGear is now integrated with Experience.com to provide customers with a new way to track customer satisfaction as a key performance indicator in LBA Ware's LimeGear BI platform.

Tech
Sep 28, 2021
UWM Launches BOLT Self-Service Platform

United Wholesale Mortgage launched BOLT, a self-service platform that the company says can provide initial approval for qualified borrowers in 15 minutes.

Tech
Sep 27, 2021
SimpleNexus Taps DocMagic To Help Enable Fully Digital Closings

SimpleNexus announced the integration of its Nexus Closing eMortgage solution with DocMagic’s eVault and eNote technologies.

Tech
Sep 24, 2021
E-Closing Technology: Norcom Mortgage’s Implementation Lessons

Norcom Mortgage outlines its implementation lessons learned as the company transitioned to its digital experience.

Tech
Sep 17, 2021
New York Community Bank Creates Groundbreaking Digital Payment Process

Now Figure Technologies Inc. can conduct real-time secondary trading in digital shares of its stock by utilizing Figure’s alternative trading system (ATS) that operates on Provenance Blockchain.

Tech
Sep 14, 2021
NAMB Partners With Dell Technologies

Offers Discounts To Members To Help With Technology Upgrades

Tech
Sep 13, 2021