Black Knight says the new optimizations give users greater ability to develop insights for their companies
Black Knight has made enhancements to its Rapid Analytics Platform (RAP) to support and streamline retention efforts of mortgage, real estate, and capital market firms.
The upgraded platform provides users with insights from Black Knight's McDash mortgage performance loan-level dataset that can be integrated into multiple business applications for origination, servicing, risk professionals, portfolio managers, analysts, and traders.
"With access to so much rich, diverse data and advanced analytics, clients who work with housing-related assets now have a one-stop-shop for an unlimited number of use cases across the entire loan life cycle," said Julian Grey, senior vice president of Black Knight's data and analytics mortgage and capital markets group.
RAP also features new portfolio retention analytics, which identifies a subsequent property and/or borrower activity around paid-off loans (including whether it was due to a refinance, a property sale, or normal payoff).
"RAP's new enhancements give users even more ability to efficiently and cost-effectively develop significant insights for their companies," Grey said. "Black Knight is continuing to invest in our premier data and analytics platform, one that is central to our clients' portfolio management strategies, and we plan to continue to announce additional RAP capabilities."
