FinTech Polly Appoints New Chief Revenue Officer

Polly, a San Francisco-based provider of technology for mortgage capital markets, said Thursday it has appointed Parvesh Sahi as chief revenue officer (CRO).

Sahi's appointment comes amid Polly's growth and adoption across the mortgage landscape, the company said.

As CRO, Sahi will play a critical role in corporate strategy, business development, sales, account management, and the continued evolution of Polly's partner ecosystem, the company said. He joins Polly from ICE Mortgage Technology, where he spent the last 11 years in various executive roles leading sales, strategy, client management, and business development teams across the Ellie Mae, MERS, and Simplifile brands

During his tenure, Sahi established the largest partner ecosystem in the industry and helped grow revenue to over $1 billion. He played an active role in identifying and executing on multiple key acquisitions.

“The addition of Parvesh to our team represents another defining moment for Polly,” said Adam Carmel, Polly founder & CEO. “I have no doubt that he will be instrumental in institutionalizing and scaling key areas of our business and equipping Polly for even greater future success as we experience accelerated growth."

“One of the many things that attracted me to Polly is the company’s genuine commitment to product execution and delivering on client expectations to meet the evolving needs of lenders, and the industry as a whole,” Sahi sid. “Powered by true next-generation and best-in-class technology, as well as intuitive software with a unique cloud-native approach, Polly is truly modernizing the mortgage capital markets space and innovating at a speed and scale that far surpasses legacy incumbents."

Polly said it is transforming the mortgage industry with its modern, data-driven capital markets ecosystem. Banks, credit unions, and mortgage lenders nationwide use its Product and Pricing Engine (PPE), Loan Trading Exchange, and data and analytics to automate and optimize the entire capital markets value chain, helping their secondary teams operate faster, smarter, and more profitably, the company said.