Vendor Analysis
published on Apr 02, 2025
Report Overview:
This NelsonHall vendor assessment analyzes Virtusa's offerings and capabilities in Mortgage & Loan Services.
Who is this Report for:
NelsonHall’s ‘Transforming Mortgage and Loan Services’ profile on Virtusa is a comprehensive assessment of Aspire Systems’s offerings and capabilities for the mortgage and loan sector, designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of technology and operational services and identifying vendor suitability for mortgage and loan services in RFPs
- Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the support services sector.
Scope of this Report:
The report provides a comprehensive and objective analysis of Aspire Systems’s BFS-focused mortgage and loan service offerings and capabilities and market and financial strength, including:
- Identification of the company’s strategy, offerings, and new developments
- Analysis of the company’s strengths, weaknesses, and outlook
- Revenue estimates
- Analysis of the profile of the company’s customer base including the company’s targeting strategy and examples of current contracts
- Analysis of the company’s offerings and Virtusaservice components
- Analysis of the company’s delivery organization including the location of delivery centers.
Key Findings & Highlights:
Virtusa is an IT services vendor focused on software engineering. It employs its “Engineering first” focus to build use cases for emerging technology trends aligned with industry requirements. In lending, it has focused its digital engineering on four pillars:
- Deployment of AI-based web analytics to build scoring models
- Smart covenant management using AI
- Collection forecasting and warnings
- Application simplification using Pega tools.
Virtusa has worked with the BFS industry for 30 years, and it is one of its largest verticals. The company has provided engineering services for lending solutions for 25 years and works primarily with large lenders.