We have data on 65 companies that use Empower. The companies using Empower are most often found in United States and in the Banking industry. Empower is most often used by companies with >10000 employees and >1000M dollars in revenue. Our data for Empower usage goes back as far as 1 years and 2 months.
|Primary Residential Mortgage, Inc.||primaryresidentialmortgage.com||United States||200M-1000M||1000-5000|
|VIRGINIA CREDIT UNION, INC., CREDIT UNION||vacu.org||United States||100M-200M||500-1000|
|M&T Bank Corporation||mtb.com||United States||>1000M||>10000|
We use the best indexing techniques combined with advanced data science to monitor the market share of over 12,500 technology products, including Loan Management. By scanning billions of public documents, we are able to collect deep insights on every company, with over 100 data fields per company at an average. In the Loan Management category, Empower has a market share of about 0.7%. Other major and competing products in this category include:
Empower is an enterprisewide loan origination system (LOS) used by lenders to originate first mortgages, home equity loans and lines of credit. It allows lenders to enhance data integrity, improve cycle times and lower origination cost per loan. Empower's LOS data, pricing and documents can be integrated with digital platforms through APIs to support digital mortgage strategy and provide a simpler, faster and more transparent loan process.
Looking at Empower customers by industry, we find that Banking (31%), Financial Services (28%) and Computer Software (13%) are the largest segments.
88% of Empower customers are in United States.