Operations
Black Knight provides integrated technology, data and analytics solutions that help the real estate and housing finance industries serve clients, mitigate risk and operate more efficiently. The company's product offerings serve four primary market segments: * Real Estate * Mortgage Origination * Mortgage Servicing * Capital and Secondary MarketsCorporate Evolution
1962 – Black Knight's earliest predecessor company, Computing and Statistical Services, (CSS) is founded in Jacksonville, Fla. 1969 – CSS incorporates under its new name: Computer Power Inc. (CPI). 1992 – ALLTEL Corporation purchases CPI, which becomes a part of ALLTEL Information Services. ALLTEL Information Services' financial services division provides technology applications for mortgage, banking and other financial services. 2003 – Fidelity National Financial (FNF) purchases ALLTEL Information Services, renames it Fidelity Information Systems (FIS), and relocates FNF's headquarters from Santa Barbara, Calif., to Jacksonville, Fla. 2006 – FNF spins off FIS into a separate company. 2008 – FIS spins off mortgage processing and services into Lender Processing Services, Inc. (LPS). 2008 – LPS acquires McDash Analytics, one of the largest loan-level mortgage performance databases, which becomes the basis for a new Applied Analytics division. 2014 – LPS is re-acquired by FNF and renamed Black Knight Financial Services. 2015 – Black Knight Financial Services begins trading on the New York Stock Exchange under the ticker symbol "BKFS." 2016 – Black Knight acquires eLynx and Motivity Solutions, creating the foundation for Black Knight's Origination Technologies division. 2017 – FNF liquidates its majority holding in Black Knight Financial Services, resulting in a new public company, Black Knight, Inc. 2018 – Black Knight acquires artificial intelligence, and machine learning (AI/ML) start-up HeavyWater and Ernst Publishing Co., a provider of mortgage fees and closing cost data for the real estate and home finance industries. 2019 – Black Knight acquires Compass Analytics, provider of lender pricing solutions and secondary market analytics. 2020 – Black Knight acquires Collateral Analytics, provider of real estate analytics tools and data, and Optimal Blue, creators of the mortgage industry's most widely used pricing engine. 2021 – Black Knight acquires broker-specific technology NexSpring Financial, LLC; eMBS, which provides performance data and analytics on agency-backed securities; and Top of Mind Networks, LLC, a mortgage industry focused marketing automation and customer relationship management (CRM) platform.Controversies
The 2010 robo-signing scandal exposed questionable behavior on the part of employees of a small subsidiary of the company. In addition to the federal government, states such as Nevada filed legal proceedings against these employees. The investigation of these business practices were featured in an episode ofReferences
External links
* {{Authority control Fidelity National Financial Financial services companies established in 2014 Companies listed on the New York Stock Exchange Financial technology companies Brooklyn, Jacksonville Financial services companies based in Jacksonville, Florida 2014 establishments in Florida Technology companies based in the Jacksonville area Publicly traded companies based in Jacksonville, Florida Corporate spin-offs Multinational companies based in Jacksonville