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4-Traders Homepage  >  Equities  >  Nyse  >  Black Knight Financial Services Inc    BKFS

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Black Knight Combines Automated Title Search and Order Management Functionality of TitlePoint and TitlePoint Xpress Into One Application

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09/21/2017 | 01:46pm CEST

JACKSONVILLE, Fla., Sept. 20 -- Black Knight Financial Services issued the following news release:

Black Knight Financial Services, Inc. (NYSE: BKFS) announced the launch of TitlePoint version 5.0, which merges the technology underlying TitlePoint and TitlePoint Xpress, Black Knight's leading-edge title search and order management applications. Delivering a single interface under the TitlePoint platform to access both applications eliminates the need to toggle between applications, which helps users save time and enhance efficiency.

TitlePoint and TitlePoint Xpress provide title companies with advanced, automated functionality to easily conduct title searches, create comprehensive search packages and manage orders. With TitlePoint, clients can create examiner-ready search packages; gain access to a network of rich, geographically posted title plants; and search from an image repository consisting of one billion document images. TitlePoint Xpress enables quick, cost-effective searches of up to seven databases in a single query; produces legal and vesting reports from across the U.S.; and allows users to perform combination title, tax and image searches in one inquiry.

The combined application interface provides access to the same refined content and product functionality familiar to TitlePoint and TitlePoint Xpress users.

In addition, Black Knight is providing clients with access to expanded title data as part of an ongoing plant modernization project in partnership with Fidelity National Financial, Inc. (NYSE: FNF), the nation's largest title insurance company. Title plants have already been modernized in several U.S. counties as part of this initiative, and additional ones are planned for the near future.

"Black Knight is committed to delivering superior capabilities and modernizing title plants to continually enhance our clients' product experience," said Lisa Roessler, vice president of title strategy, Black Knight Data & Analytics division. "Combining our title search solutions onto one unified platform helps TitlePoint users more quickly obtain enhanced content and access time-saving functionality."

Black Knight's title solutions are used by title insurance underwriters, title companies and closing attorneys across the U.S., and include indices and images of all instruments filed with a jurisdiction that could impact title to real property -- including tax records, court records, maps, plats and prior starters.

About Fidelity National Financial, Inc.

Fidelity National Financial, Inc. is organized into two groups, FNF Group (NYSE: FNF) and FNFV Group (NYSE: FNFV). FNF is a leading provider of title insurance, technology and transaction services to the real estate and mortgage industries. FNF is the nation's largest title insurance company through its title insurance underwriters - Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New York - that collectively issue more title insurance policies than any other title company in the United States. FNF also provides industry-leading mortgage technology solutions and transaction services, including MSP(R), the leading residential mortgage servicing technology platform in the U.S., through its majority-owned subsidiaries, Black Knight Financial Services and ServiceLink Holdings. FNFV holds majority and minority equity investment stakes in a number of entities, including American Blue Ribbon Holdings, LLC, Ceridian HCM, Inc. and Del Frisco's Restaurant Group, Inc. More information about FNF and FNFV can be found at http://www.fnf.com.

About Black Knight Financial Services, Inc.

Black Knight Financial Services, Inc. (NYSE: BKFS) is a leading provider of integrated software, data and analytics solutions that facilitate and automate many of the business processes across the mortgage lifecycle.

Black Knight Financial Services is committed to being a premier business partner that lenders and servicers rely on to achieve their strategic goals, realize greater success and better serve their customers by delivering best-in-class software, services and insight with a relentless commitment to excellence, innovation, integrity and leadership. For more information on Black Knight Financial Services, please visit www.bkfs.com.

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