Quantalytix Names Michael McCay Director of Mortgage Technology

February 28, 2024 08:45 AM Eastern Standard Time

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Quantalytix, the provider of cloud-based Enterprise Bank Management (EBM) software and its Enterprise Data Management (EDM) platform for financial institutions, announced today that it has named Michael McCay as Director of Mortgage Technology.

Quantalytix Names Michael McCay Director of Mortgage Technology

McCay is responsible for overseeing and managing all mortgage technology. This will ensure Quantalytix is using the most advanced technology and best practices while creating a quality user experience with all the mortgage-related elements of its platform and services.

McCay has almost two decades of financial industry experience. His background includes software development and system administration; however, most recently he has concentrated on origination and processing in the retail and online lending space through capital markets and servicing in the wholesale and correspondent lending space. He focuses on efficiency, ease of operation, and innovative solutions, aiming to transform the mundane into the extraordinary.

Christopher Aliotta, CEO and Co-Founder of Quantalytix, said, “We are excited that Michael, a distinguished technology expert and the driving force behind MetalBeard Tech in Birmingham, is joining Quantalytix. MetalBeard Tech is celebrated for its extensive expertise in mortgage technology, showcasing Michael's exceptional proficiency and innovative approach in this sector. As he steps into a significant role at Quantalytix during a critical phase of our expansion, Michael brings a wealth of knowledge that encompasses the entire spectrum of the mortgage ecosystem. His industry-specific skillset offers a distinctive perspective on technology and innovation, vital for our forward-looking strategies.

“Importantly, while Michael joins our team, he will continue to lead MetalBeard Tech, providing unparalleled services and maintaining his commitment to excellence in the technology consulting domain. We are thrilled to collaborate with Michael, whose results-oriented approach and dedication are key to driving both Quantalytix and MetalBeard Tech towards greater successes.”

“Quantalytix is a unique company in that it is on a mission to modernize loan portfolio management,” McCay said. “Having spent 12 years at FirstBank, and joining two former bankers who are the founders of Quantalytix, we understand what bankers need. I am excited to be able to share my industry expertise with them to develop a more robust platform for the mortgage industry.”

About Quantalytix

Based in Birmingham, Ala., Quantalytix was founded by two former bankers who recognized a void in the current marketplace. In response, the company launched a cloud-based software and enterprise bank management platform that serves as a single-source of truth for reporting, analysis, and profitability to drive actionable analytics. The platform seamlessly integrates with existing business systems, automatically aggregates data and provides real-time views of performance to enable more efficient operations, improve the customer experience, increase profitability and boost productivity.

Working with both traditional and non-traditional lenders, more than $7 billion in loan volume is currently managed on the Quantalytix platform. The platform is SOC2 Type 1 and Type 2 compliant and includes built-in quality assurance checks and sophisticated security features to ensure the highest levels of data integrity.

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