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Old National Bank implements Black Knight LoanSphere MSP serving system.

M2 EQUITYBITES-August 22, 2018-Old National Bank implements Black Knight LoanSphere MSP serving system

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Black Knight, Inc. (NYSE: BKI) has announced it has converted its mortgage portfolio to Black Knight's LoanSphere MSP system, providing a single platform for servicing both first mortgages and home equity lines and loans, the company said.

Old National Bank will use the system to take advantage of new revenue opportunities for its expanding company.

Old National Bancorp (NASDAQ: ONB), the holding company of Old National Bank, is the largest financial services holding company headquartered in Indiana. With USD 17.5 billion in assets, it ranks among the top 100 banking companies in the US and has been recognized as a World's Most Ethical company by the Ethisphere Institute for seven consecutive years.

LoanSphere is Black Knight's premier, end-to-end platform of integrated technology, data and analytics supporting the entire mortgage and home equity loan lifecycle -- from origination to servicing to default.

Black Knight is a provider of integrated software, data and analytics to the mortgage and real estate industries. As a fintech, Black Knight is committed to being a premier business partner that clients rely on to achieve their strategic goals, realize greater success and better serve their customers by delivering best-in-class software, services and insights with a relentless commitment to excellence, innovation, integrity and leadership.

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Publication:M2 EquityBites (EQB)
Date:Aug 22, 2018
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