Genpact Ltd., a firm specializing in business-process and technology management, has acquired High Performance Partners LLC (HPP). Genpact originally made an equity investment in HPP in March 2010.
HPP's key offering is its Quantum software platform, which helps originators and lenders automate and streamline the loan origination process. The software combines automated decisioning and efficient processing with aÂ data-centric approach, leading to more accurate underwriting, the company says.
Roger Hull, founder and CEO of HPP, will lead the ongoing development of Quantum for Genpact as vice president of Genpact Mortgage Services. In addition to founding HPP, Hull held several executive positions with First American Corp., where he provided technology leadership as the executive vice president and chief information officer.