The company will provide lender with IT support for six years
Movement Mortgage has announced that it chose fintech firm Infosys to lead its digital transformation initiatives.
Under a six-year strategic partnership, Infosys will provide Movement Mortgage's 650 branches in 47 states with IT services to support the transition of business models into the digital space.
Movement Mortgage said that it would also use Infosys' fintech services to develop mortgage industry-specific products and services and increase business volume.
“We're pleased to have selected Infosys as our strategic partner across these key business functions,” said Movement Mortgage CEO Casey Crawford. “Infosys' expertise in digital transformation, cloud technologies, and mortgage and retail lending will help Movement continue to spearhead industrywide transformation that improves the mortgage experience for everyone and makes the dream of homeownership more accessible than ever before.”
“At Infosys, we have pioneered IT as a service for the financial industry by providing our clients with unique, industry-focused solutions as they embark on their digital transformation journeys," said Infosys President Mohit Joshi. "Our collaboration with Movement Mortgage sets the stage for a new era of mortgage services, and we couldn't be more excited to bring our collective expertise together in this next phase.”