Genpact Ltd., Chicago, said Monday it has acquired High Performance Partners and its Quantum Mortgage Technology platform for an undisclosed amount.
Processing Content
Genpact already held an equity stake in HPP and with this new purchase owns 100% of the company.
Quantum's software platform uses automated decisioning which aids lenders in their underwriting chores.
Roger Hull, founder and CEO of HPP, will lead the ongoing development of Quantum for Genpact as vice president of Genpact Mortgage Services. A 27-year veteran of the industry, Hull's background includes real estate finance, and information technology.
The publicly traded Genpact bills itself as “a global leader in business process and technology management services.”
