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Coviance

HW Tech100

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Coviance is an automation technology for home equity/HELOC loans focused on elevating the user experience for both borrowers and lenders. Coviance’s technology gives lenders the ability to clear-to-close in hours compared to weeks. By leveraging its platform and adaptive workflow capabilities, Coviance can be a standalone solution for banks and credit unions, or a plug-in into the LOS, CORE or POS.

Driven primarily by the borrower, Coviance helps banks and credit unions run like a fintech with its proprietary technology and a platform that is built to be plug-and-play, drag-and-drop with data-driven automation and intelligence.

An independent survey of 425 customers showed a 36% increase in lending staff productivity, a 38% increase in closing percentages and 5 days eliminated from home equity loan cycle on average, among several other improvements.

Company Website:

https://www.coviance.com/

Markets Served:

Servicing

Company HQ:

West Des Moines, IA

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