Maitland, FL (PRWEB) August 22, 2012
Digital Risk, the nation’s largest provider of mortgage risk, compliance and transaction management solutions, has been named one of America's entrepreneurial growth leaders by Inc., ranking number 11 in Financial Services and number 122 overall on the 2012 Inc. 500 list of the nation's fastest-growing private companies. The award adds to the company's reputable status, as it was recently named Top Financial Services Company by The Association of Corporate Growth, a global community for mergers & acquisition deal makers and business leaders.
"It’s exciting to be included in Inc. magazine's very prestigious ranking," said Peter Kassabov, Digital Risk chairman and chief executive officer. “We are proud of our growth and our ability to quickly scale yet maintain stringent quality and performance standards, and we are already prepared to tackle the problems in future market cycles. Our advanced analytics platform, Veritas™ coupled with our business process management will play a pivotal role in making mortgages safe during the next origination cycle by accurately gauging both credit and operational risk.”
In addition to its 2600% revenue growth, which catapulted earnings from $2.9M to $79.7M from 2008 - 2011, the company increased its U.S. based employees 1023%, growing full-time staff to nearly 1,000 during that period. Since end-of-year 2011, the company has added more than 400 jobs to meet capacity demands, and is on track to exceed 2300 full-time U.S. based staff in 2013.
"We welcome Digital Risk to this very exclusive club.” said Inc. editor in chief, Eric Schurenberg. “To rank among the 2012 Inc. 500, Digital Risk had to thrive through three of the toughest years this economy has seen in living memory. Their success in such times is eloquent testimony to their team’s creativity, resilience, and tenacity.”
About Digital Risk
Digital Risk is the largest provider of mortgage risk and compliance management solutions. The company provides buyers and sellers of mortgages and mortgage backed securities the analytical, technological and risk management services they need to achieve their goals. The Digital Risk platform delivers transparency at the loan level and precise risk assessment throughout the entire mortgage value chain. With over 1,400 U.S. based professionals, the company counts the nation's leading servicers, originators, aggregators and investors among its clients. Digital Risk is independent and not affiliated with any originator, issuer, servicer or investor. Headquartered in Orlando, Digital Risk has additional operations in New York, Dallas, Denver, Boca Raton and Jacksonville.