ClosingCorp, a provider of residential real estate closing cost data and technology for the mortgage and real estate services industry, recently named Pat Carney as its chief innovation officer.

In his new position, Carney will explore and drive solutions that impact the business and industry segments. He will oversee the strategy behind the company’s technology partnerships and will look at the user experience based on heightened customer needs and expectations.

“ClosingCorp is focused on accelerating innovation to streamline the mortgage disclosure and closing processes,” said James Bolger, chief financial officer and interim co-CEO. “The cross-functional nature of the role, and the broad skillsets required, necessitate someone with a balance of technical, managerial and real world experience, and Pat is that person.”

Carney is responsible for product ideations, where he will work closely with the product development team and all players within the mortgage ecosystem, including title and settlement, real estate, mortgage and technology partners, to drive creativity and implement forward-thinking solutions.

Before his promotion, Carney was most recently senior vice president of strategic partnerships at ClosingCorp. Previously, Carney was chief operations officer and chief strategy officer at reQuire, a web-based lien release tracking and reporting service. He also founded 360 STS, a consulting firm that assists title companies.

Early in his career, Carney founded four title companies, was a performance consultant for a national underwriter and served as chief technology officer and director of marketing at title companies.

“I’m excited about the opportunity to build on this [the company’s] momentum and bring a stronger focus on innovation both within our company and for our clients,” Carney said. “I look forward to turning fresh ideas into great products.”