Lending Tech Pioneer Uniquely Positioned to Provide Digital Certainty to Create, Store, and Assign Digital Financial Assets from the Borrower through the Secondary Market
January 28, 2020 – eOriginal, Inc. announced today that the company has been recognized as an industry leader for the fourth consecutive time in The Aragon Research Globe™ for Digital Transaction Management.
Developed by technology research and advisory firm Aragon Research, the report is a market evaluation of the digital transaction management (DTM) sector and 20 major solution providers that are helping to drive the market’s 25-percent annual growth.
“eOriginal believes lending should be frictionless, secure, and trusted from the borrower to the secondary market,” eOriginal CEO Brian Madocks said. “The Aragon Research Globe is further evidence of our position as a leader in the digital lending ecosystem. Our trusted technology fosters liquidity and enables all participants to successfully create, store and assign their most valuable financial assets.”
As a pioneer in DTM and digital lending, eOriginal enables trusted transactions for high-value digital financial assets between borrowers, originators, custodians, investors and the secondary market in order to accelerate the speed at which these assets can be funded, transferred, securitized, or sold. The eOriginal platform is recognized by industry analysts, rating agencies and legal counsel for the solution’s immutable history and digital chain of custody, while establishing a legally enforceable authoritative copy (i.e. Digital Original™ document).
Aragon Research’s continuing recognition of eOriginal is part of its consistent year-over-year growth as it captures leaders across lending with more than 550 clients. In recent years, eOriginal has expanded its mortgage footprint with Quicken Loans, Wells Fargo, Fannie Mae, Fairway Independent, and Ginnie Mae, while also onboarding Carvana, Ally, Westlake Financial, and others in the auto finance industry.
Per the Aragon Research Globe: “The DTM market continues to grow at a rapid pace, due in part to the continued need by enterprises to speed-up document-based transactions. Many of the providers in this report offer cloud-based software and services to digitally manage a wide range of document-centric business processes involving people, documents, data, and transactions both inside and outside the firewall.”
Leaders in this sector, according to Aragon Research, “have comprehensive strategies that align with industry direction and market demand, and effectively perform against those strategies.” eOriginal has been recognized as a leader every year the Aragon Research Globe for Digital Transaction Management has been published.
eOriginal guarantees trusted transactions of digital financial assets for all parties from the borrower to the secondary market. We do this by creating a Digital Original™ document with all the legal and enforcement rights of a paper contract combined with the capital and operational efficiency of digitization. Our proven network provides certainty in how these digital assets are created and maintained, delivering the confidence, visibility and compliance lenders and buyers need. As a pioneer in the space, major financial institutions, leading law firms and credit ratings agencies have validated and rely on eOriginal as a trusted partner for digital lending transformation and management. For more information, visit www.eoriginal.com.
About Aragon Research
Aragon Research is an independent research and advisory firm that provides business and IT executives with the actionable insights they need to navigate technology’s ever-evolving impact on business. Headquartered in Morgan Hill, CA, Aragon Research works with executives at every major level of the business and across industries to give them the tools they need to make more informed technology and strategy decisions. Aragon delivers high-impact advisory, research, and consulting services, and has a proven team of veteran analysts. For more information, visit www.aragonresearch.com.
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