BALTIMORE (PRWEB) November 07, 2019
November 7, 2019 – eOriginal Inc., announced today it has been named to Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. eOriginal saw a 200% year-over-year growth since 2016, the period assessed for the rankings. Ranked 444, eOriginal was named to the Deloitte list for the third year in a row.
“We believe lending should be frictionless, secure, and trusted from the borrower to the secondary market, and we have placed a priority on key strategic initiatives and innovation to support this mission,” eOriginal CEO Brian Madocks said. “We are honored to receive this prestigious award for the third consecutive year. This validates our commitment to foster liquidity in the digital lending ecosystem by enabling all participants to successfully create, manage and monetize their most valuable financial assets.”
eOriginal enables trusted transactions for high-value digital financial assets between originators, custodians, investors and the secondary market in order to accelerate the speed at which these assets can be funded, transferred, and sold. In the mortgage industry, eOriginal powers the ecosystem that is leading the digital transformation of the industry: Quicken Loans, Wells Fargo Home Lending, Fannie Mae, and, most recently announced, Ginnie Mae. eOriginal also enables digital lending ecosystem participants across auto finance, equipment leasing, marketplace lending and other financing industries.
“This year marks the 25th anniversary of Deloitte’s Technology Fast 500, so we are especially pleased to announce and congratulate the 2019 winners,” said Sandra Shirai, Vice Chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “Once again, we saw innovation across the board, with software companies continuing their dominance of the top ten. It’s always inspiring to see how the Fast 500 companies are transforming business and the world we live and work in.”
eOriginal guarantees trusted transactions of digital financial assets for all parties from the borrower to the secondary market. We do this by creating a ‘digital original’ document with all the legal and enforcement rights of a paper contract combined with the capital and operational efficiency of digitization. Our proven network provides certainty in how these digital assets are created and maintained, delivering the confidence, visibility and compliance lenders and buyers need. As a pioneer in the space, major financial institutions, leading law firms and credit ratings agencies have validated and rely on eOriginal as a trusted partner for digital lending transformation and management. For more information, visit http://www.eoriginal.com.
About Deloitte’s 2019 Technology Fast 500™ and Deloitte
Now in its 25th year, Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2015 to 2018.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see http://www.deloitte.com/about to learn more about our global network of member firms.