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40 Industry Updates From mergers and acquisitions to cutting-edge tech tools and solutions, here's the company news the industry is talking about this month. OPTIMAL BLUE ANNOUNCES COMPASSEDGE PLATFORM Optimal Blue, a division of Black Knight, has launched the CompassEdge hedging and trading platform—a hedging and loan trading platform new to the capital markets sector e result of Optimal Blue's multiyear effort to combine its CompassPoint, Optimal Blue Secondary Services, and Resitrader solutions, CompassEdge was designed to support the needs of every originator—regardless of range, size, or type. CompassEdge merges and builds upon the strengths of each preceding solution to offer world-class analytics, ease-of-use, and true best execution in one, unified platform. "Today marks an unprecedented step forward for capital markets participants as we introduce our much-anticipated CompassEdge platform," said Scott Happ, President of Optimal Blue. "Our existing hedging and loan trading solutions are already unrivaled in the industry, and with CompassEdge, we've created a unified platform that's even greater than the sum of its parts. With a simple login, any credentialed member of an organization can access the comprehensive hedging and trading tools, data and analytics they need—from a single, user-friendly source." CompassEdge integrates pipeline risk management tools and analytics with dynamic loan sale and mortgage servicing rights (MSR) valuation functionality. Streamlined navigation enables users to efficiently complete a loan sale in just a few clicks. Additionally, CompassEdge promotes greater transparency across organiza- tions by making premier analytics accessible to any capital markets participant—from the lock desk to the C-suite—without requiring in-depth system training. e platform's intuitive interface and mobile functionality also make it easy for any user to access key data and tools from any location. "Whether you're a small originator with one secondary marketing manager, or a large origina- tor with an extensive team, CompassEdge offers the scalability to support your goals," Happ said. "With Optimal Blue, clients get so much more than best-in-class technology and data. We ex- tend unparalleled support and industry expertise to all of our clients, backed by our skilled second- ary marketing and capital markets professionals, who represent decades of collected industry wisdom. And through enhanced visibility, CompassEdge amplifies the already outstanding support we're able to deliver to clients."