Saxony Partners Dallas Events

Saxony’s Financial Services Team Partners with HousingWire and Mortgage Bankers Association on Dallas Events

DALLAS – Last week, Saxony Partners’ Financial Services team co-hosted HousingWire’s annual Tech100 celebration and moderated a panel discussion at the Mortgage Bankers Association’s Technology Solutions Conference and Expo.

The events, both in Dallas, drew leaders from mortgage and financial services firms worldwide – from start-ups to legacy companies. There were common themes around technology implementation and integration, as well as data management and utilization.

On March 25, Saxony co-hosted HousingWire’s Tech100 Soiree at the Happiest Hour in Uptown Dallas. Alex Fan, Vice President of Financial Services at Saxony, was part of the HousingWire selection committee that determined the 100 most innovative, impactful firms in the real estate and residential mortgage sectors.

Alex Fan

“The reason Saxony was chosen to be a part of that committee and this event is because of our industry expertise,” Fan said. “We know the mortgage industry – and we understand how technology drives growth, improves operational efficiencies, and supports top- and bottom-line income within the industry.”

Throughout the week, the Saxony team was on-site at MBATech 2019, the annual expo and conference hosted by the Mortgage Bankers Association.

On March 26, Fan moderated a panel discussion at MBATech on how companies can avoid common pitfalls related to technology investments. The panel included Tim Elkins (EVP/CIO at PrimeLending), Joe Hamilton (CIO at First Guaranty Mortgage Corporation), and Bill Shuler (CIO at Home Point Financial Corporation).

The agenda reflected the current state of the mortgage industry. Companies large and small are struggling to manage market compression, volatility, tighter budgets, lower volume, and the fallout from mergers and acquisitions. With that in mind, Fan and the panelists discussed how companies can invest their technology dollars with an eye toward return-on-investment.

“It was very much in line with what we talk about when we explore data initiatives with clients,” Fan said. “It was a conversation about acquiring data, processing it, centralizing it, and reporting on it. It was a substantive discussion about the alignment of technology with business objectives.”

Fan and Angel Armendariz, Saxony’s Enterprise Consultant for Financial Services, noticed a recurring theme during MBATech – that mortgage firms are desperate to do more with their data.

“From the opening session, there was a theme of utilizing your data, figuring out how to process it, how make it actionable, and how to keep it clean.” Armendariz said. “There’s a tremendous amount of opportunity out there right now because the mortgage industry is very much behind the curve on technology implementation and integration.”

Fan agreed and outlined Saxony’s approach to helping clients do more with their data.

“We will partner with our clients to implement solutions that aren’t overburdensome in terms of expense – choosing the right amount of scope to get them what they need for their investments, providing expertise on how to utilize technology for data insights, and helping them improve customer experience,” Fan said. “Companies that have that type of forward-looking mindset tend to be the most successful. And our goal is to help our clients move toward that mindset and to set them up for success.”

Saxony Partners’ financial services team provides consultation and technology services to the mortgage, banking, and private equity sectors. Email Alex Fan or Angel Armendariz today for more information. Download our newest whitepaper for additional thought-leadership on the state of the mortgage industry.

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