National full-service mortgage banking firm chooses Alight Mortgage Lending to help Manage the Future™ with real-time scenario analysis
SAN FRANCISCO – JUNE 9, 2016 – Alight Inc., the fast-growing provider of real-time financial optimization applications across a range of industries, today announced that SWBC Mortgage Corporation, a wholly-owned subsidiary of a 40-year-old financial services company, SWBC, has selected the Alight Mortgage Lending™ platform to support the firm’s growth objectives and help optimize performance and profitability.
As the mortgage industry’s only platform for live event analysis and continuous reforecasting based on historic and real-time operational and financial data, Alight Mortgage Lending helps CEOs, CFOs, COOs and their teams Manage the Future by determining future financial outcomes and the best path forward.
“As we work toward our growth and profitability objectives for 2016 and beyond, Alight Mortgage Lending’s multiple scenario analysis and real-time access to financials will help us better prepare for and then adjust to market rate movements, improve forecasting of cash flows, and more effectively analyze the impact of branch acquisitions,” said Carrie Chandler, Chief Financial Officer of SWBC Mortgage.
Alight provides real-time, multiple scenario analysis under any market conditions. Management teams can see the financial and operational ripple effects of potential business decisions flow through the enterprise to the P&L, balance sheet, cash flow statements and other pro forma financials before events take place or final decisions are made.
“In today’s environment, mortgage banking firms need to remain a few steps ahead of changing market conditions and react quickly and decisively when opportunities present themselves,” said Jared Huff, managing director of Alight Mortgage Solutions. “We are delighted to work alongside the forward-thinking team at SWBC Mortgage in proactively supporting and then helping them manage their growth objectives.”
Alight is a fast-growing provider of industry-specific, cloud-based applications that change the way businesses are run. Alight’s applications let executives Manage the Future™ by showing the ripple effects of potential decisions across the enterprise. Alight works with firms in dynamic and complex industries, including financial services, mining, telecommunications, high tech and others. For more information: alightinc.com
About SWBC Mortgage Corporation
SWBC Mortgage Corporation is a full-service mortgage banking firm headquartered in San Antonio, Texas, with in-house underwriting, processing, and funding for superior, responsive service and timely closings. SWBC Mortgage has been providing mortgage banking services since 1988 and is a wholly owned subsidiary of SWBC, a diversified financial services company that provides a wide range of insurance, mortgage, and investment services to financial institutions, businesses, and individuals in all 50 states. For more information: swbcmortgage.com