PLANO, TX--(Marketwired - August 24, 2016) - Optimal Blue, the premier cloud-based provider of enterprise lending services to the mortgage industry, recently ranked number 9 on the Fast Tech Award listing by the Metroplex Technology Business Council (MTBC). This is the company's fourth consecutive year of inclusion.
The Fast Tech Awards honor the 25 fastest growing technology, media, telecommunications, life sciences and clean technology companies in the Dallas-Fort Worth Metroplex. In order to be considered for the listing, nominations are submitted to Tech Titans and independent research using publicly available information is conducted by Crowe Horwath and Comerica Bank. Company rank for 2016 is based on revenue growth from 2013 to 2015.
Optimal Blue's continued commitment toward the innovation of highly configurable and intuitive technology for mortgage banks, community banks and credit unions, is evident in a significant increase of rank through previous years. The company ranked number 24 on this prestigious list in 2013, rising to number 20 in 2014, and number 11 in 2015. Optimal Blue secured the number 9 position in 2016 with an average annual growth of 113.87% from 2013 to 2015.
"Wow, four years in a row! That is an amazing accomplishment and really demonstrates just how diligent this company has been in providing truly valuable information-driven services to the market," said Scott Happ, CEO of Optimal Blue. "I am proud to take the helm of an organization that has a reputation for being customer-centric, and I can guarantee that Optimal Blue will continue to provide a level of technology and service that is second to none."
The enterprise class suite of products and services created by Optimal Blue is designed to automate a lender's complex processes, improving efficiency and profitability while gaining a competitive advantage. With the industry's highest documented accuracy rate, Optimal Blue technology connects hundreds of investors with more than 1,500 financial institutions, and is currently the system of record for over $200 Billion in mortgage loans, touching nearly 1 of every 4 mortgages nationally.
"These fast-growing tech companies will make a big difference to our tech community in the coming years," said Bill Sproull, president and CEO of Tech Titans. "They are transforming industries in very diverse areas, and we're thankful to have them as part of our tech landscape in North Texas."
The final rankings were announced at the Tech Titans Gala on August 19th, with the Fast Tech listing being published in a special section of the Dallas Business Journal on August 26th. Fast Tech is sponsored by Crowe Horwath LLC and Comerica Bank.
About Optimal Blue
Optimal Blue is the premier cloud-based provider of managed-content, enterprise lending services including product eligibility and pricing (PPE), secondary marketing, consumer engagement, data and analytics, and compliance services. Based in Plano, Texas, Optimal Blue has developed an enterprise class suite of products and services designed to automate a lender's complex processes, improving efficiency and profitability while gaining a competitive advantage. With a 99.999% accuracy rate, Optimal Blue technology connects hundreds of investors with more than 1,500 financial institutions and currently touches nearly 1 of every 4 mortgage loans originated nationally.
For more information, please visit www.optimalblue.com.
Enterprise Lending Services in 60 seconds.
About Tech Titans
Tech Titans includes a diverse group of technology leaders from start-ups to fortune 500 companies from North Texas who collaborate, share and inspire creative thinking that fuels tomorrow's innovations.
As part of its goals, Tech Titans is active in:
- Cultivating a technology community of companies, entrepreneurs, investors and students
- Growing future tech leaders with its talent and workforce development initiative
- Advocating technology's advancement in governmental arenas
- Connecting people and inspiring innovative ideas through its special interest forums and annual Awards Gala
Tech Titans is the largest technology trade association in Texas, representing individuals and more than a quarter million employees through 300 member companies and individuals who are passionate about technology. More information about Tech Titans can be found online at www.techtitans.org.
Contact Information:
PRESS CONTACT FOR OPTIMAL BLUE:
Mike Maccioli
Vice President, Marketing
(972) 781-0200
mmaccioli@optimalblue.com
PRESS CONTACT FOR TECH TITANS:
Amy Alexander
(972) 792-2862
amy@techtitans.org