Black Knight Financial Services, Inc., a software and data analytics company announced that it would be rebranding as Black Knight.
According to the company, the name change is, “effective upon the completion of the, “previously announced distribution by Fidelity National Financial, Inc. (FNF) of its equity interest in Black Knight Financial Services, Inc.”
Bill Foley, Black Knight Executive Chairman stated that the company is ready to move forward as an independent corporation.
“Strategically, Black Knight will remain laser-focused on delivering our software and data and analytics capabilities through our integrated platforms, and developing innovative solutions that help our clients solve their most significant challenges and further our leadership in the industry,” said Foley.
In addition, Black Knight CEO Tom Sanzone said that the company has, “a long and proud history of success, as many of the leading financial institutions in the United States, including Wells Fargo, JPMorgan Chase and many others, as well as leading real estate and capital markets participants, rely on Black Knight solutions.”
Sanzone continued, “as our clients continue to search for ways to increase efficiency, enhance their operations and reduce risk and compliance exposure, Black Knight remains the right company at the right time to offer solutions and insight to help them overcome these complex business and regulatory challenges and optimize performance.”
According to Black Knight, FNF’s equity interest in Black Knight Financial Services to the holders of FNF group common stock will be completed on Friday, September 29, 2017.