Monday 09 March 2020

9 March 2020 - Florida, US-based real estate-focussed software, data and analytics solutions company Black Knight, Inc. (NYSE: BKI) has acquired Hawaii-based real estate analytics provider Collateral Analytics, to enhance real estate data assets and AVM offerings, the company said.

Terms of the transaction were not disclosed.

The Collateral Analytics team of analytics and technology professionals is primarily focussed on building and delivering automated valuation models, collateral and mortgage risk tools, as well as the application of sophisticated analytics to a wide range of real estate-related databases.

Collateral Analytics is innovating with new digital solutions that enable valuation professionals to be more efficient in the field.

These digital apps integrate with a centralised collateral system that enables lenders and appraisal management companies to manage risk and quality.

Black Knight is a provider of software, data and analytics solutions to the mortgage and consumer loan, real estate and capital markets verticals.

Collateral Analytics is a provider of real estate analytic products and tools to support appraisers, appraisal management companies, lenders, investors and government agencies.