Optimal Blue, a Division of Black Knight, Named to HousingWire’s TECH100 Mortgage List of the Industry’s Most Innovative Technology Providers
JACKSONVILLE, Fla. – May 17, 2022 – Today, Black Knight Inc. (NYSE:BKI), announced that Optimal Blue, a division of Black Knight, has been named to HousingWire’s TECH100 Mortgage list. The list recognizes the most innovative technology companies serving the mortgage industry.
“Optimal Blue is proud that our capabilities, which are focused on enhancing automation, mitigating risk and improving profitability, earned us a place on HousingWire’s prestigious TECH100 Mortgage list,” said Scott Happ, president of Optimal Blue. “This recognition as a leading innovator of solutions that are helping to transform the mortgage industry speaks to the satisfaction of not just our clients, but their customers as well.”
Optimal Blue is a leading provider of integrated secondary marketing technology, data and analytics. Its premier marketplace platform makes it easy for mortgage originators and investors to do business, offering functions like real-time price discovery, execution, workflow automation, risk management, counterparty oversight and data services. With best-in-class technology that operates on a highly scalable, resilient cloud-based infrastructure, Optimal Blue’s sophisticated product and pricing engine (PPE) enables lenders to provide the right mortgage product at the best price. In addition, its powerful hedge analytics and loan trading tools mitigate interest rate risk and help drive profitability.
Optimal Blue prices and locks 40% of U.S. mortgages, provides services to 62% of the top 50 lenders, supports $2.1 trillion of rate locks and processes more than 500 million rate searches annually. The division also supports $1.4 trillion in loan trades and facilitates $3.5 trillion in transactions every year.
Using its proprietary Optimal Blue Mortgage Market Indices, Optimal Blue provides the most accurate, interactive analysis of pricing ever conducted in the mortgage industry. Updated daily through a robust API, the indices can be compared to isolate specific market movements and spot trends.
“Our indices offer an unparalleled look under the hood at the key drivers of mortgage pricing,” Happ continued. “They are just of one of many tools positioning Optimal Blue for growth, success and recognition, such as being named to HousingWire’s TECH100 list, and we look forward to developing future innovations to support our clients’ success.”
About Black Knight
Black Knight, Inc. (NYSE:BKI) is an award-winning software, data and analytics company that drives innovation in the mortgage lending and servicing and real estate industries, as well as the capital and secondary markets. Businesses leverage our robust, integrated solutions across the entire homeownership life cycle to help retain existing customers, gain new customers, mitigate risk and operate more effectively.
Our clients rely on our proven, comprehensive, scalable products and our unwavering commitment to delivering superior client support to achieve their strategic goals and better serve their customers. For more information on Black Knight, please visit www.blackknightinc.com.