HousingWire announced the winners of its annual HW Tech100
awards, recognizing the most innovative technology companies in the
U.S. housing economy
RALEIGH, North Carolina and
HOLON, Israel, March 23, 2020 /PRNewswire/ -- Sapiens
International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a
leading global provider of software solutions for the financial
services and insurance industry, announced today that it won
HousingWire's 2020 HW Tech100 Mortgage award.
Sapiens Decision provides innovative, disruptive decision
management technology and a patented methodology that is producing
results for the leading mortgage and financial services companies,
impacting a significant percentage of conventional mortgages in the
U.S. today. It empowers the "citizen developer" – the business user
– to author, manage, test, change and deploy to code the business
logic that drives the organization's processes and systems. Sapiens
Decision helps firms react faster to changing conditions by
enabling them to make changes to their business logic in time
scales measured in hours or days rather than weeks or months.
"The winners of the 2020 HousingWire Tech100 Mortgage and Real
Estate awards are truly the most impactful and innovative companies
in housing," said Clayton Collins,
HousingWire CEO. "Not only do these companies empower their clients
and users, they are supporting a more efficient, accessible and
sustainable housing economy."
"Sapiens Decision is honored to receive our first 2020 HW
Tech100 Mortgage award," said Harold
Westervelt, managing director, Sapiens Decision. "We see
this as validation that we are making the right investments in our
technology and implementing optimal strategies to best serve our
mortgage companies, insurers, banks and financial services
companies. "We appreciate HousingWire continuing to provide such
in-depth research and market information, which keeps us current on
the new trends and enables us to gain an even better understanding
of the mortgage landscape to better serve our current and new
clients."
"Sapiens has demonstrated proven value to the mortgage market,
along with other key markets, such as insurance and banking,"
said Larry Goldberg, senior vice president for products and
evangelist, Sapiens Decision. "We offer significant cost
reductions and improvements in speed in the origination and
securitization of home mortgages, reducing the average technology
spend per employee and increasing the profit per loan. Sapiens
Decision has also drastically reduced the time required to
implement changes by empowering the citizen developer to manage,
from concept to code, the business logic in their technology
systems."
"This year's Tech100 winners blew past innovation, moving beyond
innovation to transformation," said HousingWire associate magazine
editor Kelsey Ramírez. "In both the real estate and mortgage
sectors, fintech companies continue to create new ways to approach
the housing process, improving efficiencies, cutting costs and
creating a new experience for all parties involved."
About HousingWire
HousingWire is the most influential source of news and
information for the U.S. mortgage and housing markets. Built on a
foundation of independent and original journalism, HousingWire
reaches over 60,000 newsletter subscribers daily and over 7.5
million unique visitors each year. Our audience of mortgage, real
estate, financial services and fintech professionals rely on us to
Move Markets Forward. Visit www.housingwire.com or
www.solutions.housingwire.com to learn more.
About Sapiens
Sapiens International Corporation empowers insurers to succeed
in an evolving industry. The company offers digital software
platforms, solutions and services for the property and casualty,
life, pension and annuity, reinsurance, financial and
compliance, workers' compensation and financial markets. With
more than 35 years of experience delivering to over 500
organizations globally, Sapiens has a proven ability to satisfy
customers' core, data and digital requirements. For more
information: www.sapiens.com.
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