Vancheri brings over 35 years of IT and regtech experience with senior executive roles at Finastra, Fidelity Investments and the Department of Defense
Trevose, PA — June 6, 2019 — LoanLogics, a recognized leader in loan quality technology for mortgage manufacturing and loan acquisition, today announced that Paul J. Vancheri has joined the company as executive vice president of technology. He will be responsible for the company’s timely delivery of high-quality software to the mortgage industry. Vancheri will report to Bill Neville, LoanLogics Chief Executive Officer.
Vancheri has significant, senior experience in the technology industry. He has worked closely with executives and corporate boards in the financial services industry, helping them navigate through complex decisions involving technology, business strategy and global operations.
Most recently Vancheri served as VP, Research and Consulting, at Novarica, a Boston-based management consulting firm that helps insurance companies make better decisions about technology projects and strategy. Before that, he was group head of global shared services and global delivery at Finastra (formerly D+H), the third largest financial technology company in the world, where he was responsible for all IT functions and several offshore business operations. Vancheri also spent over 10 years at Fidelity Investments, serving in various chief information officer positions, where he set the company’s strategic technology direction, built its global organization, and delivered its software development portfolio. Prior to Fidelity, he served in the U.S. Air Force as a systems development and acquisition officer and retired as Lieutenant Colonel.
“Paul has tremendous experience creating and managing large scale software development environments,” Bill Neville said. “He’s bringing that background to LoanLogics and to our clients as we continue to grow aggressively in the mortgage technology space.”
“Joining LoanLogics represents a new and dynamic opportunity for me,” Vancheri said. “Financial technology has been my focus for many years and the mortgage industry is leading the way in exciting innovations across areas such as regtech and the use of artificial intelligence. In the mortgage sector, due to the complexity of transactions, lenders demand more innovation, compliance, security, accuracy and quality control, and LoanLogics delivers on all of those.”
LoanLogics was founded in 2005 to improve the transparency and accuracy of the mortgage process and improve the quality of loans. Its regtech capabilities help residential mortgage lenders, servicers, insurers and investors validate compliance, improve profitability and manage risk during the manufacture, sale and servicing of loan assets. LoanLogics has received multiple awards for its technology innovations, corporate culture, executive leadership and women executives. To learn more, visit http://www.loanlogics.com.