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Tavant Unveils Data Beats™: A Data-Driven Ecosystem Built for Fintechs and Financial Institutions to Harness Data Insights

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Tavant, Silicon Valley’s leading digital lending solutions provider, today announced at the MBA's Annual Convention & Expo in Philadelphia, the launch of Data Beats™, a groundbreaking data platform that promises to redefine the financial services landscape. Built to inform, provide insights, act, recommend, and predict, Data Beats ushers in a new era of data-driven intelligence for the industry.

This versatile platform empowers businesses to harness the power of their data and maximize its value, effectively taking the stress out of data management. Key benefits of Data Beats include:

  • Provides actionable data insights that work for your business;

  • Analyzes data from various aspects of your operations;

  • Adapts and learns from your data to provide real-time recommendations; and

  • Looks into the future, learns and predicts trends.

Data Beats is a platform offering within Tavant's banking and financial services suite of technology products. Data Beats is set to serve as the analytics and IoT engine for the financial services industry, initially focusing on mortgage and home equity products. Tavant plans to extend this robust data ecosystem to all consumer loans and banking products, making it a comprehensive solution for financial institutions.

With Data Beats, Tavant empowers financial institutions towards proactive rather than reactive operations by incorporating generative AI to prompt users on the best course of action. This revolutionary approach allows the platform to offer precise recommendations for loan officers, consumers, processors, and underwriters, enhancing the overall efficiency of the lending process.

Abhinav Asthana, Fintech Product Business and Growth Leader at Tavant said, Tavant's mission is to stay at the forefront of innovation and to be the engineering partner of choice in the financial services industry. Data Beats exemplifies our commitment to providing our customers with an advanced platform that accelerates their vision to transform into a data-first organization. We are proud to launch this platform, which brings insights, intelligence, and efficiency to the heart of the lending process.

Data Beats has already started demonstrating its value within Tavant's existing customer base by enhancing and automating the home buying experience. By consolidating data from various stages of the customer journey, from acquisition to servicing and beyond, Data Beats provides invaluable insights that can be used to predict future behavior, optimize operations, and improve overall business performance. The system's foundation, the data lake, can ingest a wide range of data inputs, limited only by the specific business problem it aims to solve. This flexibility positions Data Beats to become a game-changing tool for a wide range of industries beyond mortgage and lending.

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