Sagent, American Savings Bank Extend Partnership

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Sagent, a Warburg Pincus-backed company offering mortgage loan servicing software, is extending its partnership with Hawaii-based American Savings Bank (ASB) for seven years.

ASB will continue powering its scale-servicing operations with Sagent’s cloud-based LoanServ system of record. For more than two decades, ASB has used Sagent’s servicing technology to automate complex, high-volume tasks and workflows, deliver a better customer experience and adapt in real-time to evolving customer and regulatory requirements.

“American Savings Bank’s high-touch, high-tech banking is the key to lifting up the communities we serve and making their dreams possible,” says Tony Au, director of consumer loan operations at American Savings Bank. “Sagent’s cloud-native platform combines the best of core banking and mortgage servicing technology that makes things easier for our customers and our team members who serve them.”

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