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Fifth Third signs for Tavant consumer direct lending platform

20 November 2008  |  2352 views  |  0 Source: Tavant Technologies

Tavant Technologies, a leading provider of specialized IT solutions and services for the Consumer Lending domain, today announced the successful launch of Consumer Connect - Tavant's next generation direct lending platform for Fifth Third Bank's business direct channel.

Consumer Connect provides potential borrowers the ability to apply for a home loan online, access useful mortgage tools and information and obtain speedy pre-qualification decisions. Consumer Connect enhances Fifth Third Bank's online branding, providing an improved and compelling user experience. At the technology level, the project successfully leverages and extends the ROI of key business critical applications and interfaces.

Tavant offers a unique value proposition as an end-to-end partner to mortgage companies for the optimization of lending and servicing operations through technology. Tavant is an expert in building SOA based applications and it uses this expertise and its component-based platform to work with lenders on solutions that leverage existing IT systems, rather than replacing them, through a "surround not replace" approach.

"We are excited to offer this next-generation platform to our customers," said Andy Ulrich, vice president and mortgage service applications manager at Fifth Third Bank. "Tavant's online application platform will only strengthen our customer's experience when looking to get a mortgage."

"Tavant congratulates Fifth Third Bank for the on-schedule deployment of this direct-to-consumer website. We are excited to be associated with Fifth Third Bank and help them improve lead conversion," said Sarvesh Mahesh, CEO of Tavant. "Industry is facing challenging times -- we understand the changing requirements of our customers and we adapt quickly to help them achieve their business objectives."


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