Sagent Expands Footprint with New Dallas Office, Accelerating Dara Platform
DALLAS–(BUSINESS WIRE)–Sagent, a leading fintech software company modernizing mortgage servicing for America’s top banks and lenders, today announced the opening of a new office in Dallas, Texas, the latest addition to its national and global footprint after opening their Chennai, IN office in 2023. This strategic expansion will serve as a key hub for product development and delivery, particularly for Sagent’s revolutionary Dara platform.
“Dallas is a vibrant mortgage servicing hub with a talented workforce, making it an ideal location for Sagent to grow and innovate,” said Sagent CEO Geno Paluso. “We’ll use this new space to collaborate more effectively with our teams, partners, and customers to accelerate the delivery of Dara while powering America’s top servicers today.”
Sagent’s new 10,000 square-foot Dallas facility opened its doors on December 9 and will serve as a hub for associates in the area. Situated in the rapidly expanding Cypress Waters development, this Dallas location was chosen because of the numerous mortgage servicers in the area, its strong technology ecosystem, and access to top talent. The city’s proximity to major financial centers and its growing tech scene makes it an ideal place for Sagent to expand its operations.
“The Dallas office will play a crucial role in our teams’ ability to collaborate, and overall delivery of our products, enabling the company to continue its mission of transforming the mortgage servicing industry,” said Sagent CTO Omer Farooque, who is Dallas based.
“Our mission is to empower mortgage servicers with the tools they need to thrive, regardless of market cycles and volatility,” said Farooque. “By opening a Dallas office, we will accelerate our innovation and delivery of Dara, a transformative servicing solution designed to solve serious challenges in the servicing sector.”
Sagent’s Dara platform is a game-changer in the mortgage servicing industry that powers the entire performing, nonperforming, and consumer servicing ecosystem. It offers a comprehensive suite of tools and technologies that help Sagent’s customers reduce costs, enable compliance, and deliver a modern digital experience for homeowners.
About Sagent
Sagent powers America’s top bank and nonbank lenders to engage, care for, retain, and modernize the homeownership experience for millions of borrowers. Servicers use our flexible, scalable, and configurable solutions to engage borrowers and earn customer loyalty, lower servicing costs, ensure compliance, and increase the value of servicing rights throughout full market cycles. Sagent is backed by Warburg Pincus, one of the world’s leading private equity investors, and powers trillions in outstanding mortgage servicing for its customers. Visit www.sagent.com to learn more.
Contacts
Renee Maier
(484) 685-1195
[email protected]
