Genpact acquires High Performance Partners, LLC (HPP)
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Genpact has acquired High Performance Partners, LLC (HPP) and their Quantum Mortgage Technology. Genpact had previously announced an initial equity investment in HPP in March 2010 and now owns 100 per cent of the company. Genpact will leverage the Quantum software platform to support its Mortgage Business Process as a Service (BPaaS) offering. The Quantum platform helps originators and lenders to automate and streamline major elements of the loan origination process, resulting in a shorter loan lifecycle and a more transparent mortgage asset. Quantum's software platform combines automated decisioning and highly efficient processing with its data-centric approach. Roger Hull, Founder & CEO of HPP, will lead the ongoing development of Quantum for Genpact as Vice President of Genpact Mortgage Services. He has more than 27 years of real estate, finance, information technology and executive leadership experience. In addition to founding HP...