Citi signs agreements with Digital Risk, Black Power for new platform

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Citi has entered into dual agreements to integrate its suite of U.S. mortgage products into a single digital platform for clients. A front-end digital experience, LoanFx, from Digital Risk, a provider of digital technology platforms and services, will be complemented by a new loan origination system, LoanSphere Empower, from Black Knight, says the finance behemoth.

Citi says it will initiate implementation of these new solutions immediately, with full production expected in early 2019.

[Image courtesy: Black Knight]