PLANO, TX--(Marketwired - August 28, 2015) - Optimal Blue, the premier cloud-based provider of enterprise lending services to the mortgage industry, was recently named to the Fast Tech Award listing at the Metroplex Technology Business Council's (MTBC) Tech Titans Awards Gala for the third consecutive year. The award presentation -- sponsored by TravisWolff LLP, Comerica Bank and the Dallas Business Journal -- revealed the list of the 25 companies, as well as their ranking.
Optimal Blue ranked number 24 on this prestigious list in 2013. The company then rose to number 20 in 2014, after achieving 76.14% average annual growth from 2011 to 2013. Optimal Blue's continued innovation and success in delivering highly configurable, intuitive enterprise lending services for mortgage banks, community banks and credit unions, is once again reflected in an increase of rank to number 11 in 2015, with average annual growth of 124.23% from 2012 to 2014.
"Being named to the Fast Tech list indicates a high level of consistent performance and growth," said Larry Huff, Optimal Blue co-Founder and co-CEO. "Optimal Blue's inclusion for three consecutive years is an amazing achievement that only affirms industry confidence in our information-driven services. More importantly, this reflects the hard work and customer-first focus that our employees deliver every day."
Optimal Blue's enterprise class suite of products and services 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 with one of its services.
In its 15thyear, the Fast Tech Award honors the fastest growing technology, media, telecommunications, life sciences and clean technology companies in the Dallas-Fort Worth Metroplex, based on average annual revenue growth from 2012 to 2014. The ranking is compiled from nominations submitted directly to the Metroplex Technology Business Council (MTBC), and through independent research using publicly available information conducted by the MTBC, TravisWolff LLP and Comerica Bank.
"At the MTBC, we keep our finger on the pulse of what is happening in the tech industry in North Texas," said Bill Sproull, president and CEO of the MTBC. "These fast growing companies are what makes our technology industry so vibrant… keep your eyes on them!"
About Optimal Blue
Optimal Blue is the premier cloud-based provider of managed-content, product eligibility and pricing (PPE), secondary marketing, point-of-sale, data and analytics, and compliance technology and 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 is currently the system of record for over $200 Billion in mortgage loans, representing 1 of every 4 mortgages nationally.
For more information, please visit www.optimalblue.com.
Enterprise Lending Services in 60 seconds.
About Metroplex Technology Business Council
The MTBC strengthens the North Texas' technology community and its reputation by acting as the innovation hub for entrepreneurs, universities and corporations. The MTBC continues to prove that 'Technology lives here' by growing future tech leaders with its talent and workforce development initiative, advocating technology's advancement in governmental arenas and connecting people and inspiring innovative ideas through its programs and special interest groups. The MTBC is the largest technology trade association in Texas, representing a quarter million employees through its 300 member companies. More information about MTBC and its annual Tech Titans awards gala can be found online by visiting www.metroplextbc.org.
About TravisWolff
Founded in 1991, TravisWolff is a growing, independent accounting and advisory firm that offers a full range of assurance, tax and consulting services to emerging companies, established companies, and successful individuals and families. TravisWolff provides specialized services in the areas of business transaction advisory services, compensation and benefits planning, IT auditing, collaborative divorce consulting, employee benefit plan audits including sales representation and estate and wealth transfer planning. As an independently owned and operated member firm of both the Moore Stephens North America (MSNA) association of member firms and the Moore Stephens International Limited (MSIL) network of member firms, TravisWolff serves clients in Texas, throughout the country and offshore. TravisWolff participates in the American Institute of Certified Public Accountants (AICPA) Peer Review Program and is registered with the Public Company Accounting Oversight Board (PCAOB).
About Comerica Bank's Technology and Life Sciences Division
With 160 years of experience and more than $50 billion in assets, Comerica is among the top 25 bank holding companies in the United States. And through our corresponding bank network in Europe, China and India, we also maintain a strong international presence.
Founded more than 20 years ago, the Comerica Technology and Life Sciences Division was developed in order to meet the banking needs of these innovative industries. Our dedication and experience in the field has translated into the success of over 3,000 technology, life sciences and cleantech companies to date. From creating a wide array of financial products and services to building strong relationships with top-tier investors, we have taken the extra steps to help you succeed. When you work with the Comerica Technology and Life Sciences Division you have a partner committed to innovation. For more information, visit www.comerica.com.
Contact Information:
PRESS CONTACT FOR OPTIMAL BLUE:
Mike Maccioli
Vice President, Marketing
(972) 781-0200
mmaccioli@optimalblue.com