LoanLogics, a Pennsylvania-based technology provider for mortgage manufacturing and loan acquisition has appointed Paul Vancheri as EVP, Technology. In this role, Vancheri will be responsible for the company’s timely delivery of high-quality software to the mortgage industry. Vancheri will report to Bill Neville, CEO, LoanLogics.
The company said that Vancheri brings over 35 years of IT and reg tech experience with senior executive roles at Finastra, Fidelity Investments, and the Department of Defense. He has worked closely with executives and corporate boards in the financial services industry, helping them navigate through complex decisions involving technology, business strategy, and global operations.
“Paul has tremendous experience creating and managing large scale software development environments,” Neville said. “He’s bringing that background to LoanLogics and to our clients as we continue to grow aggressively in the mortgage technology space.”
Most recently Vancheri served as VP, Research and Consulting, at Novarica, a Boston-based management consulting firm that helps insurance companies make better decisions about technology projects and strategy. Prior to that, he was group head of global shared services and global delivery at Finastra (formerly D+H), the third largest financial technology company in the world, where he was responsible for all IT functions and several offshore business operations.
Vancheri also spent over 10 years at Fidelity Investments, serving in various chief information officer positions, where he set the company’s strategic technology direction, built its global organization, and delivered its software development portfolio. Prior to Fidelity, he served in the U.S. Air Force as a systems development and acquisition officer and retired as Lieutenant Colonel.
“Joining LoanLogics represents a new and dynamic opportunity for me,” Vancheri said. “Financial technology has been my focus for many years and the mortgage industry is leading the way in exciting innovations across areas such as reg tech and the use of artificial intelligence. In the mortgage sector, due to the complexity of transactions, lenders demand more innovation, compliance, security, accuracy and quality control, and LoanLogics delivers on all of those.”