Sagent Lending Technologies announced today 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.”
About Sagent Lending Technologies
Sagent Lending Technologies improves the lending experience for
everyone. The company’s suite of comprehensive origination, servicing,
and processing offerings come together to deliver flexible, scalable,
and configurable solutions that deliver on the brand commitments of our
clients. With solutions from Sagent, lenders and servicers can delight
borrowers, increase efficiency, and improve agility in a demanding
compliance environment. Sagent is a joint venture that combines Fiserv
Inc.’s decades of market-leading lending expertise with Warburg Pincus’
skill in growing technology companies. Visit www.sagentlending.com
to learn more.
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