Le Lézard
Classified in: Science and technology, Business
Subject: CON

Sapiens' Decision Management Platform Selected by Home Point Financial


RALEIGH, North Carolina, July 13, 2020 /PRNewswire/ -- Sapiens Americas, a wholly owned subsidiary of Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Home Point Financial, a multi-channel mortgage originator and servicer, has selected Sapiens Decision for Mortgage Banking as a strategic component of its mortgage platform.

Sapiens Logo

Home Point Financial is rapidly growing as the nation's second-largest wholesale lender and the 13th largest correspondent lender. The company sought a business management solution that leverages existing technology, while introducing a common language between the business and IT domains to help their 2,000 associates service loans more efficiently.  

"The speed by which we have needed to grow and manage change in the complex mortgage environment was a major factor in our selection of Sapiens Decision for Mortgage Banking," said Phil Miller, chief operating officer at Home Point Financial. "Decision will provide the flexibility, efficiencies, and scalability needed to meet our company's continued rapid growth."

"Sapiens has a proven ability to model business solutions and deliver high quality results in record time," said Harold Westervelt, managing director of Sapiens Decision. "We were the only vendor that offered Home Point Financial business ownership of the solution, along with a reduction in errors via higher quality modeling and earlier testing. Sapiens looks forward to helping Home Point Financial continue to grow quickly and achieve their business goals."

Sapiens Decision provides innovative, disruptive decision management technology and a patented methodology that is producing results for the leading mortgage and financial services companies, impacting a significant percentage of conventional mortgages in the U.S. today. It empowers the "citizen developer" ? the business user ? to author, manage, test, change and deploy to code the business logic that drives the organization's processes and systems. Sapiens Decision helps firms react faster to changing conditions by enabling them to make changes to their business logic in time scales measured in hours or days, rather than weeks or months.

About Home Point Financial

Home Point is on a mission to create financially healthy, happy homeowners. Our customer-first approach to lending starts with compassionate people that help eliminate the stress of getting a loan and owning a home. Beyond the loan, Home Point empowers customers to get the most value from their home investment by offering expert advice and exclusive savings. Home Point is the second-largest wholesale lender and the 13th largest correspondent lender in the U.S. The company is headquartered in Ann Arbor, MI with nearly 2000 employees and 265,000 serviced customers. For more information, visit homepointfinancial.com NMLS #7706.

About Sapiens

Sapiens International Corporation empowers insurers to succeed in an evolving industry. The company offers digital software platforms, solutions and services for the property & casualty, life, pension & annuity, reinsurance, financial & compliance, workers' compensation and financial markets. With more than 35 years of experience delivering to over 500 organizations globally, Sapiens has a proven ability to satisfy customers' core, data and digital requirements. For more information: www.sapiens.com.

Media Contact

Alex Zukerman
CMO and Chief of Strategy, Sapiens
+972 546 724 910
alex.zukerman@sapiens.com  

SOURCE Sapiens International Corporation


These press releases may also interest you

at 16:15
QYOU Media    announced that the company and its Board of Directors have approved incentive Stock Option and Restricted Share Unit grants to employees and advisors in connection with work being done on behalf of the company.  The company will issue a...

at 16:15
MICT, Inc. , today announced financial results for the three months ended June 30, 2020. "We are very pleased and excited to have recently closed the acquisition of Global Fintech Holdings (GFH) and increased our stake in Micronet to majority owner,...

at 16:10
AgeX Therapeutics, Inc. ("AgeX"; NYSE American: AGE), a biotechnology company developing therapeutics for human aging and regeneration, reported financial and operating results for the second quarter ended June 30, 2020. AgeX made strides with...

at 16:10
Scottsdale Arizona science professor and parent, Dr. Libby Hart-Wells, qualified for the 2020 ballot to run for a Scottsdale Unified School District governing board position in November. "I am honored and grateful to be on the ballot for the SUSD...

at 16:05
Neptune Wellness Solutions Inc. ("Neptune" or the "Company") , a diversified and fully integrated health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, announced  the voting results for the matters...

at 16:05
ThermoGenesis Holdings, Inc. , a market leader in automated cell processing tools and services in the cell and gene therapy field, today announced financial and operating results for the second quarter ended June 30, 2020 and provided a corporate...



News published on 13 july 2020 at 08:16 and distributed by: