SAN FRANCISCO, Nov. 20, 2017 (GLOBE NEWSWIRE) — Compass Analytics, an industry-leading financial technology provider, announced the release of exciting new features in their product and pricing engine, CompassPPE™ along with the hiring of industry veterans to support its growth.
Building on its mobile-friendly platform and full-featured API that provides clients with innovative customization, greatly expanded lock desk automation and a modern user experience, Compass Analytics has added multiple new features to CompassPPE™ (“CPPE™”). A few of their November 2017 release updates to CPPE™ include expanded relock policies, historical originator performance data, additional lock exception automation including branch manager participation, and greatly expanded LOS Integration capabilities and control settings. Additionally, the new release adds new API methods that expand the API library which now includes:
- Product Search
- Pricing and Quick Pricer
- Loan-Level MSR Cash Flow Value
- Automated and Manual Locking, Relocks, and Extensions
- Pipeline Monitoring Methods:
° Identify Lock Changes
° Evaluate LLPA Changes
° Update CPPE™
° Notify LO/Secondary For Relocks
° Commit Updates to LOS
- Real-Time Risk Management with Integration to CompassPoint™
To support its ongoing growth in pricing technologies, Compass has hired two industry veterans. Ralph Armenta has joined as Managing Director of Strategic Sales and will build on Compass’ strategic initiatives and lead sales of Investor Services, through which Compass will enable Investors to source CRA, and implement more granular pricing/margin strategies. Mr. Armenta brings 30 years of experience in the secondary market space with a broad background in mortgage banking and financial technology, and most recently was head of Sales for a San Francisco based financial technology firm specializing in mortgage banking.
Additionally, Nancy Pollard joins as Managing Director of Pricing Technologies and will lead CompassPPE™ strategy, CPPE™ implementation and account management and investor guideline teams. Ms. Pollard is leaving her post as Chief Operating Officer for REMARQ, a financial technology real estate company and is a seasoned secondary market executive, having served as Executive Vice President of Capital Markets at Impac Mortgage.
About Compass Analytics, LLC
Compass Analytics is an innovator in the FinTech industry and a leading provider of pricing technology to lenders. We develop cutting-edge analytics and offer advisory and active risk management services to mortgage bankers, traders, investors, and banks. Our platform is revolutionizing the way home loans are formed and sold through the use of innovative real-time technology that we support with services, expertise, and guidance. Compass’ suite of tools includes CompassPoint™, CompassPPE™, CompassBid™, CompassDirect™ and CompassCommit™.
Compass has offices in San Francisco, Washington, D.C., New York City, and Irvine.
Public Relations Contact: