Savvyy Studio
Savvyy Studio offers a next-gen digital lending platform for the mortgage industry, providing cloud-native and API-friendly end-to-end underwriting solutions.
Services
Savvyy Studio offers a next-gen digital lending platform specifically designed for the mortgage lending industry. Their services provide a cloud-native and API-friendly end-to-end mortgage underwriting solution. They help lenders transform legacy systems into efficient, automated processes which improve the customer experience. The platform is designed to reduce loan processing costs, grow origination volumes, and enhance customer and broker satisfaction.
Platform Features
The Savvyy Studio platform includes features such as end-to-end underwriting, modular and API-forward integration, and a consumerized user interface. The platform is future-proofed with capabilities for automating credit decisions and workflows. It also supports machine learning (ML) and artificial intelligence (AI) applications, enhancing its technological capabilities.
Security and Compliance
Savvyy Studio hosts its technology on a secure, SOC compliant platform with bank-grade SLAs and encryption. This ensures that all data is handled with the highest security standards, providing peace of mind for lenders and borrowers alike. The secure infrastructure supports the platform's advanced features and integrations.
Funding and Industry Recognition
Savvyy Studio raised $5.7 million CAD in a recent funding round to modernize Canada's lending industry. The company has been recognized for its innovation and growth, winning the 2022 Deloitte Technology Fast 50 program. Additionally, Savvyy Studio participated in the Station Fintech Accelerator to foster partnerships between fintechs and financial services.
Industry Associations
Savvyy Studio is a member of the Canadian Lenders Association. This membership signifies the company's active involvement in the industry and its commitment to staying abreast of industry trends and standards. The association helps Savvyy Studio collaborate with other players in the lending market to drive innovation and improve services.