Just over a year since it purchased noted mortgage CUSO Prime Alliance Solutions, Mortgage Cadence has been purchased by Accenture, an international financial services consulting and software firm.
Mortgage Cadence will join Accenture Software, the software providing portion of the firm, and the company looks forward to the relationship opening new markets, according to an executive.
"The U.S. mortgage industry is entering an era in which efficiency, speed and the customer experience will be more crucial than ever in determining winners and losers," said Terry Moore, global managing director of Accenture Credit Services. "By adding this key mortgage processing asset, we will enhance our end-to-end credit services capabilities and bring a new generation of mortgage processing services to the industry. This offers lenders improved speed-to-market, cycle-time, costs, and productivity."
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