Conversational generative AI chat assistant, Ask Obi, is aimed toward offering high-level insights “to better understand the data that drives their business.”
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Mortgage expertise supplier Optimum Blue says it is going to roll out an AI assistant that’s designed to supply high-level insights to executives later this month, the newest in a sequence of recent merchandise and options unveiled this week.
Optimum Blue’s conversational generative AI chat assistant, Ask Obi, helps mortgage executives probe profitability metrics with queries like, “Which loan officers issued the most concessions over the second week of January 2025?”
Erin Wester
In accordance with Optimum Blue Chief Product Officer Erin Wester, Ask Obi beats instruments that will require filters and handbook alternatives, as a result of “users can have an interactive conversation to better understand the data that drives their business.”
“Ask Obi is designed for ease of use and conversational interactions, while conveniently building off a user’s previous inquiries and suggesting preloaded questions,” Wester mentioned in a assertion.
Optimum Blue mentioned it plans to supply Ask Obi to purchasers for beta testing later this month.
In a separate announcement, Optimum Blue introduced new merchandise and options together with:
- Originator Assistant: An AI-powered device in Optimum Blue’s mortgage product and pricing engine (PPE) that identifies alternate mortgage situations that may produce extra aggressive pricing.
- Guidelines Optimizer: A characteristic throughout the Optimum Blue PPE that “allows lenders to streamline the rule creation process by creating a single rule and applying it to multiple investor relationships.”
- Ratesheet Device: A characteristic that connects front-end origination pricing with back-end secondary market pricing to generate ratesheet pricing with a identified margin.
- Verify Assistant: A characteristic within the CompassEdge hedging and mortgage buying and selling platform that “uses AI to read files from broker-dealers, parsing the documents into usable formats.”
- Mortgage Price Futures: Money-settled contracts that present direct publicity to the newest main mortgage charge accessible to debtors.
- Resolution Heart: A companion market the place customers can promote services and products via a two-sided market of vetted integration companions.
Previously a Black Knight firm, Optimum Blue was spun off to a subsidiary of Toronto-based Constellation Software program Inc. in 2023 to fulfill antitrust regulators and clear the best way for Black Knight’s acquisition by Intercontinental Change (ICE).
Joe Tyrrell
Optimum Blue CEO Joe Tyrrell — a veteran of Ellie Mae and Intercontinental Change — took over the management reins in June.
A big and rising conglomerate, Constellation Software program has been dubbed “tech’s Berkshire Hathaway” by The Economist, which charges the corporate as “the world’s best acquirer of tech firms.”
Black Knight’s mortgage origination system, Embody, is now owned by Darkish Matter Applied sciences, an organization inside Constellation Software program’s Perseus Group.
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