In a recent interview with Mortgage Professional America (MPA) Magazine, Agile CTO Phil Rasori discussed the inspiration behind Agile’s technology platform automating trades and transactions involving mortgage-backed securities. “I always wanted to move from phones to anelectronic interaction with broker dealers … for efficiency, and then because you’re doing tradesin very large sizes, we want to remove any possibility of human error of transcribing what’s verbally said on the phone.”
Phil explains how creating a transparent automated system to process trades has helped Agile gain users in the space by targeting small to midsize mortgage bankers that “do not have the ability to best execute on their hedge positions.”
We believe that a transparent market is a better market, for all industry participants. This is why we’ve created a revolutionary electronic MBS platform that brings together mortgage lenders and broker-dealers of all sizes.
Because every counterparty deserves access to a fair, efficient and transparent marketplace.
