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M&T Bank to Implement Black Knight’s Enterprise Business Intelligence Solution

Florida-based Black Knight, Inc has signed an agreement with M&T Bank, to implement Black Knight’s Enterprise Business Intelligence (EBI) solution to provide broader and deeper insight into the bank’s mortgage portfolio and to help improve efficiency across M&T Bank’s origination and servicing operations.

LoanSphere Data Hub and LoanSphere Motivity—the primary components of the Enterprise Business Intelligence solution—are central to Black Knight’s innovative LoanSphere platform of integrated software, data, and analytics that supports the mortgage and home equity loan life cycle.

“Further expanding our relationship with Black Knight by implementing business intelligence into our company’s data strategy will help M&T Bank take advantage of additional benefits, such as identifying opportunities to add value for our customers, and adding another tool to support our compliance efforts,” said Michael Todaro, EVP of the Mortgage and Consumer Lending Division of M&T Bank.

Black Knight’s EBI solution leverages data to help both lenders and servicers generate and protect revenue, improve efficiency and performance, and reduce compliance risk. M&T Bank currently uses Black Knight’s suite of LoanSphere solutions, making it one of Black Knight’s enterprise clients.

“By integrating Black Knight’s suite of LoanSphere solutions and data assets from origination to servicing and bankruptcy/foreclosure, M&T Bank is implementing the most efficient operating model in the mortgage space. No other provider in the mortgage industry can offer Black Knight’s complete range of innovative, mission-critical solutions and data across the loan lifecycle to help clients eliminate inefficiencies, discover insights, drive down costs and reduce risk,” said Tom Sanzone, CEO at Black Knight.

About Author: Radhika Ojha

Radhika Ojha, Online Editor at the Five Star Institute, is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her master’s degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Dallas, Texas. You can contact her at Radhika.Ojha@theMReport.com.
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