Black Knight acquires HeavyWater, [Seeking Alpha]
Black Knight, Inc. (BKI)
Last black knight, inc. earnings: 2/13 04:05 pm
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US:NYSE Investor Relations:
blackiron.com
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Source: Seeking Alpha
Black Knight acquires HeavyWater,Black Knight (BKI+0.5%) hasacquired HeavyWater, a provider of artificial intelligence and machine learning to the financial services industry.“With the cost of origination and servicing at, or near, all-time highs, AIVA is poised to help increase efficiencies for Black Knight clients,” said Anthony Jabbour, Black Knight’s chief executive officer. “AI, machine learning and neural network solutions are the future of delivering enhanced productivity and capabilities to our clients, and we are very excited about the potential HeavyWater has to offer. Now, with HeavyWater a part of Black Knight, we’ll be able to apply this groundbreaking technology at scale and pursue our shared goal of transforming the industry.”Click to subscribe to real-time analytics on BKINow read:Daily Insider Ratings Round Up 5/15/18 »
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