Latest news with #AFX
Finextra
3 days ago
- Business
- Finextra
AccessFintech strengthens leadership team
AccessFintech, the data network driving capital optimization and greater operational capacity, today announced an expanded leadership team to support its next phase of growth and innovation. 0 The new leadership team combines deep industry expertise with proven operational leadership to further advance AccessFintech's mission: transforming financial operations through real-time collaboration, transparency and continuous innovation. Leading the new team is Acting Chief Executive Officer John Shay, who joined the firm in early 2025. Shay brings over 30 years of senior management experience across a broad range of capital markets leaders, including Virtu, Nasdaq, TP ICAP, Broadway Technology (now part of Bloomberg) and Acadia (now part of LSEG). Most recently, John served as CEO of American Financial Exchange (AFX), which was acquired by the Intercontinental Exchange (ICE) in January 2025. 'Over the past nine years, AccessFintech has built a tremendous reputation for quality and innovation among the world's leading financial institutions, who both back us as investors and leverage our solutions as clients,' said Shay. 'Today's announcement of our new leadership team builds on that strong foundation - one defined by industry experience, execution discipline and a deep commitment to our clients - and positions us for our next phase of growth as we work to further scale the business.' In addition to the hiring of Shay, AccessFintech appointed existing business unit heads to the leadership team, including: Chris Daur, Chief Revenue Officer, a former Goldman Sachs Managing Director with over 23 years of experience in financial services, whose deep expertise in post-trade strategy and client solutions is instrumental in driving our client-centric growth agenda. Steve Fazio, Co-founder, has been instrumental since AccessFintech's inception and remains a driving force behind our product vision and innovation strategy. Fazio brings extensive experience across both technology and buy-side operations. Tom Granelli, Chief Product Officer, a former DTCC Managing Director, with extensive experience in capital markets, risk management and financial technology product leadership. Pardeep Cassells, Chief Client Officer, who brings over 15 years of experience, including leadership roles during a decade-long tenure at BNP Paribas. Cassells has successfully built and scaled client success organizations, consistently delivering high-impact results. Rami Kachlon, Chief Technology Officer, who has a proven track record of delivering cutting-edge market infrastructure solutions with a strong emphasis on stability and scalability. Kachlon brings over 20 years of experience in leading technology initiatives across the financial industry. Chris Bujakowski, Chief Financial Officer, who brings over 20 years of experience in corporate finance and business operations. Bujakowski previously led financial strategy and infrastructure buildout at high-growth technology firms, including Thought Machine.
Business Wire
12-05-2025
- Business
- Business Wire
AFX Research Integrates with ICE Mortgage Technology's Encompass Platform to Deliver Same-Day Title Updates
SAN LUIS OBISPO, Calif.--(BUSINESS WIRE)--AFX Research, a nationwide leader in tech-driven title abstracting, today announced a new integration leveraging the latest Encompass Partner Connect API framework from Intercontinental Exchange (ICE) for mortgage technology and available via the Marketplace in the ICE digital lending platform. This modern framework enables industry participants to integrate with ICE solutions and provide their services to loan originators and servicers through secure API-enabled technology. Now available in the ICE Marketplace, this integration enables U.S. lenders to access AFX Same-Day Title Update Reports directly through the Encompass ® platform. By automating title update ordering and delivery within Encompass, AFX helps lenders streamline workflows, reduce manual tasks, and enhance decision-making with real-time title insights. This seamless integration provides lenders with faster access to critical title updates, improving loan and draw processing efficiency, as well as risk mitigation. By automating title update ordering and delivery within Encompass, AFX helps lenders streamline workflows, reduce manual tasks, and enhance decision-making with real-time title insights. With an industry-leading 0.43 business day average turnaround, fixed-rate nationwide pricing, and seamless digital delivery, AFX enables lenders to manage risk, expedite draws, and close loans faster. 'Our integration with ICE Mortgage Technology's Encompass platform underscores our shared commitment to driving efficiency in the industry,' said David Mitchell, CEO at AFX Research. 'By embedding our Same-Day Title Update Reports within Encompass, we're helping lenders close loans and manage the draw process for construction and renovation loans more efficiently while ensuring greater transparency and accuracy in title due diligence.' AFX's uninsured title updates provide essential due diligence for: ✔ Construction loans ✔ Renovation loans ✔ HELOCs ✔ Refinances ✔ Private loans ✔ Real estate purchases ✔ Foreclosure assessments Each report verifies ownership and encumbrance details from the current owner forward, including current deed information, mortgages, tax status, liens, and judgments. Reports also include copies of open liens and judgments and are available in PDF, Word, Excel, and JSON formats. Encompass Partner Connect enables the integration of key third-party products and services with ICE Mortgage Technology solutions. ICE does not own, control, nor endorse any specific industry participant or the product/service provided. Loan originators and servicers are responsible for vetting, selecting, and contracting with the providers of their choosing. About AFX Research AFX Research is a nationwide leader in tech-driven title abstracting, combining expert researchers with cutting-edge automation to deliver unmatched speed, accuracy, and efficiency in title report generation. Learn more at Since 1995, AFX Research has conducted title research on over $1.3 trillion in property, pioneering automation-driven solutions that support top lenders and leading U.S.-based SaaS loan management platforms. Trusted by the SEC, IRS, and DOJ, AFX has been featured in Forbes, The Wall Street Journal, and top real estate publications. AFX has also consulted for key government agencies, including the Securities and Exchange Commission, U.S. Postal Service, and Small Business Administration. Encompass Partner Connect enables the integration of key third-party products and services with ICE Mortgage Technology solutions. ICE does not own, control, nor endorse any specific industry participant or the product/service provided. Loan originators and servicers are responsible for vetting, selecting, and contracting with the providers of their choosing. For more information, visit AFX Research on the ICE Marketplace.
Business Wire
29-04-2025
- Business
- Business Wire
AFX Research Integrates with Mortgage Automator to Deliver Fast, Automated Title Updates to Private Lenders
SAN LUIS OBISPO, Calif.--(BUSINESS WIRE)-- AFX Research, LLC, a nationwide provider of uninsured title updates, is excited to announce its integration with Mortgage Automator, the industry's leading loan origination and servicing platform for private and hard money lenders. 'We're thrilled to integrate with Mortgage Automator,' said David Mitchell, President and CEO at AFX. 'For lenders managing construction draws, loan extensions, or payoffs, this means faster decisions, less friction, and more confidence in lien position." This integration allows Mortgage Automator users to seamlessly order AFX title updates directly within the platform—giving lenders faster access to real-time lien and ownership data without interrupting their workflow. AFX brings over 30 years of experience in title research and has completed title reports on properties with a combined assessed value exceeding $1.3 trillion. Trusted by lending institutions and government agencies including the SEC, IRS, and DOJ, AFX specializes in uninsured title updates that deliver the risk insight lenders need—quickly and affordably. 'We're thrilled to integrate with Mortgage Automator and offer their users a faster, more automated way to manage title updates,' said David Mitchell, President and CEO at AFX Research. 'For lenders managing construction draws, loan extensions, or payoffs, this means faster decisions, less friction, and more confidence in lien position.' With this integration, private lenders using Mortgage Automator can: Order AFX title updates without leaving the platform Reduce risk during draws, refis, and servicing events Eliminate the need to chase title manually or rely on multiple vendors Access flat-rate pricing and nationwide coverage Receive updates in as little as 0.43 business days (91% delivered in <1 day) 'Mortgage Automator is known for its commitment to streamlining the lending process,' said Jeffrey Furtado, COO at Mortgage Automator. 'We're excited to offer our users direct access to AFX's nationwide title updates as part of that mission.' The AFX–Mortgage Automator integration supports the private lending industry's shift toward smarter, more efficient lending—combining automation, data access, and trusted research to reduce risk and accelerate deal flow. About AFX Research AFX Research is a nationwide provider of uninsured title updates, trusted by lenders, servicers, and government agencies since 1995. With flat-rate pricing, lightning-fast turnaround times, and seamless integrations, AFX provides the lien visibility and real-world risk insight that modern lenders rely on. Learn more at About Mortgage Automator Mortgage Automator is the most advanced end-to-end loan origination and servicing platform for private and hard money lenders. Built to automate workflows, reduce manual entry, and provide complete visibility into loan operations, Mortgage Automator supports hundreds of lenders across North America. Visit to learn more.
Yahoo
10-02-2025
- Business
- Yahoo
The past three years for Carl Zeiss Meditec (ETR:AFX) investors has not been profitable
Carl Zeiss Meditec AG (ETR:AFX) shareholders should be happy to see the share price up 21% in the last month. But that is small recompense for the exasperating returns over three years. Regrettably, the share price slid 57% in that period. Some might say the recent bounce is to be expected after such a bad drop. After all, could be that the fall was overdone. With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies. Check out our latest analysis for Carl Zeiss Meditec To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). Carl Zeiss Meditec saw its EPS decline at a compound rate of 8.2% per year, over the last three years. This reduction in EPS is slower than the 24% annual reduction in the share price. So it seems the market was too confident about the business, in the past. You can see below how EPS has changed over time (discover the exact values by clicking on the image). It's probably worth noting that the CEO is paid less than the median at similar sized companies. It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years. Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.. Investors in Carl Zeiss Meditec had a tough year, with a total loss of 48% (including dividends), against a market gain of about 18%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 8% per year over five years. We realise that Baron Rothschild has said investors should "buy when there is blood on the streets", but we caution that investors should first be sure they are buying a high quality business. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. For instance, we've identified 1 warning sign for Carl Zeiss Meditec that you should be aware of. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on German exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
