Following phenomenal success in New Zealand, Kiwi-owned, cloud-based property valuation platform, Valocity, is now expanding across the Tasman, with its sights firmly set on disrupting the Australian property valuation market.
The first of its kind in New Zealand, Valocity has completely transformed the mortgage lending process by combining the best of data, analytics and technology to create an ecosystem for valuers, brokers, lenders and insurers that streamlines the entire process. The platform delivers customer centricity in parallel with regulatory compliance.
Valocity Founder and CEO Carmen Vicelich says the company’s proposition is simple; to deliver greater value to the market.
“In today’s world, where customer expectations for a relevant and seamless experience are now higher than ever, mortgage lending has become even more complicated. Valocity is all about simplicity and bringing more to the market. As a cloud-based solution, the platform is fully customisable and flexible, which is a first for this type of technology,” she says.
“Having already cemented our position as an industry leader in New Zealand, we feel the time is right to now provide choice and disruptive innovation to the Australian market.”
Mrs Vicelich says in line with its focused expansion into Australia, the company has appointed Sydney-based industry leader Nigel Butler to head up its Australian operations.
“With over 20 years retail credit risk management experience, Nigel has an in-depth understanding of the Australian mortgage market. He is a highly respected authority on how to use data, tools and software solutions to effectively measure, understand and manage retail lending risk,” she says.
“His expertise and experience will be invaluable as we move to provide tailorable solutions, choice and opportunity to a wide ecosystem of Australian lenders, valuers, brokers and insurers.”
Nigel has worked as a strategic risk consultant for a number of years for companies such as Core Logic and a range of lenders in the UK and Australia including CBA, Providian National Bank and Abbey National. He has also supported multiple service providers including Experian, PWC, and Equifax.