Mortgage Cadence Launches TaaS Offering

DENVER; January 13, 2025 – Mortgage Cadence, an Accenture (NYSE: ACN) company, announced today the launch of a new Testing as a Service (TaaS) offering. TaaS has been an innovative new development across a range of industries as companies everywhere are offered new technologies but lack the resources to properly and fully test them. As lenders continue to grapple with increasing regulatory scrutiny and operational demands, the rise of TaaS represents a timely and valuable solution.

“One of the challenges lenders have with implementing new technologies is the need to fully test any new system before putting it into production,” said Monika Bhatla, Head of Quality for Mortgage Cadence. “No lender would risk a compliance violation by using a tool without testing, but few institutions have the resources in-house to run a rigorous testing process.”

At its core, the new TaaS team will offer lenders an outsourced solution for testing that combines expertise, efficiency, and cutting-edge technology. The Mortgage Cadence testing team has been refining these processes internally for years, leveraging their expertise to support the organization’s technology advancements. Now, by taking this proven approach to the next level, the team is thrilled to offer their expertise to help lenders tackle all their testing needs. Bhatla’s team takes responsibility for validating everything from software implementations to the accuracy of loan documents, ensuring lenders can focus on their core business.

The benefits of TaaS extend beyond operational support. By partnering with Mortgage Cadence and its experienced testing team, lenders gain access to:

• Comprehensive Testing Expertise: TaaS providers bring specialized knowledge and methodologies, often exceeding what an in-house team could achieve.
• Reduced Workload: By outsourcing testing, lenders free their teams to focus on other priorities, knowing their testing needs are in expert hands.
• Enhanced Accuracy and Compliance: Thorough testing ensures loan documents and processes meet regulatory standards, reducing risks for lenders.

“By working closely with lenders to understand their unique needs and challenges, Mortgage Cadence can now ensure every solution the lender employs are tailored and impactful,” said Mortgage Cadence CEO Pedro Garcia. Monika’s team will provide complete testing of any system the lender wants to employ.”

To find out more about the new Mortgage Cadence TaaS offering, please email heythere@mortgagecadence.com.

About Mortgage Cadence

Mortgage Cadence delivers the industry’s most complete, modern, cloud-based digital lending platform designed to provide an exceptional user experience throughout the entire mortgage lending life cycle, across all channels and products. With a leading borrower point-of-sale through closing collaboration tools, the end-to-end platform is both complete and configurable offering an open architecture designed to meet the needs of today’s lenders. The platform enables lenders to work more efficiently, leveraging automation and workflow tools that deliver an excellent borrower, sales, and operational user experience. For more information visit www.mortgagecadence.com.

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Contact: 

Alison Flaig
Head of Marketing
Mortgage Cadence
alison.flaig@mortgagecadence.com