Black Knight Financial Services, Inc. (NYSE: BKFS) has acquiredMotivity Solutions, which provides customized mortgage business intelligence analytics. Motivity Solutions’ comprehensive business intelligence helps lenders more effectively manage and understand their data, better support regulatory compliance and increase understanding and management of their performance compared to industry peers.
Motivity Solutions saves its clients considerable time and money by automating data extraction and directly integrating embedded analytics with production data to capture changes in a client’s database in near real-time. To help its clients more quickly identify operational issues, these solutions can be tasked to recognize patterns and outliers for key performance indicators to track all critical areas of concern in a single, easy-to-read view.
The Motivity Solutions offerings will be integrated with Black Knight’s LoanSphere Product Suite, including the LoanSphere Data Hub, to provide clients with insights into their origination and servicing operations and portfolios. These business intelligence solutions will deliver actionable information to help improve compliance, sales, and operations, as well as provide executive management insights.
“Acquiring the capabilities of Motivity Solutions will accelerate Black Knight’s delivery of our Active Insight platform and Data Hub initiative. For our clients, these new capabilities will offer unique views into the types of information they need to drive peak performance and more effectively assist our customers in managing their regulatory risk,” said Black Knight President and CEO Tom Sanzone. “This acquisition of Motivity Solutions further demonstrates our drive to accelerate our growth and deliver the additional capabilities our customers want.”
In 2012, Motivity Solutions was ranked number 210 on Inc. Magazine’s Inc. 500 list of the fastest-growing companies in the United States, and named to Mortgage Technology Magazine’s list of the mortgage industry’s top 50 service providers from 2009 – 2014.
“We were committed to finding a buyer that shares our passion for using business intelligence to drive superior operating results. We found what we were looking for with Black Knight,” said Tyler Sherman, CEO, and co-founder of Motivity Solutions. “Together, we are going to help our customers achieve superior results with innovative solutions and unparalleled insight.”
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