Tavant, a Santa Clara, California-based fintech company, announced it plans to expand its Dallas presence with a new technology innovation center, an increase in its staff, and a boost in capabilities to support a growing area customer base.
The location will focus on new product development, as well as offering lenders what the company described as “new age digital experiences” through its Digital Factories.
“Today’s businesses are not a one-size-fits-all,” said Prashant Kumar, vice president of Tavant’s fintech vertical, in a statement. “We need to be nimble in our offerings so that we can work with our customers to meet their individual business requirements. Our teams will focus on building personalized solutions that are in line with their business outcomes and goals. We will be developing real, purpose-driven MVPs on new technologies related to Cloud, AI/ML or other Customer Experience portals as per client’s need.”
Tavant describes itself as a “digital products and solutions company that provides impactful results to its customers across a wide range of industries” in North America, Europe, and Asia-Pacific. Those industries could include fintech, manufacturing, media, or retail.
The intent is to drive customer success with each of its solutions, which are powered by artificial intelligence and machine learning. Tavant said its solutions help improve a business’ operations, productivity, speed, and accuracy.
The company was founded in 2000, and said it employs more than 2,500 people at its various offices.
The Dallas location will serve as a hub for Tavant’s Digital Factories, which are small, specialized teams of factory managers, product owners, and full-stack developers focused on configuring, building, modeling, simulating, and evaluating Tavant technologies and solutions.
Digital Factories are similar to startup accelerators as the teams are each asked to develop a minimum viable product with new digital features and enhancements aligned with Tavant customer business goals. The Dallas delivery center will operate Digital Factories serving customers across the U.S.
At the core of Tavant’s services is customer centricity. By having an increased proximity to customers with the Dallas expansion, Tavant said this ensures it is meeting client needs while attracting top talent.
Tavant made the announcement about the Dallas tech center expansion during the 2019 Mortgage Bankers Association Annual Convention and Expo being held in Austin through mid-week. The Silicon Valley company was founded in 2000 and has more than 2,500 employees.
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