Automation and agentic AI, powered by MSuite, run directly across onboarding, processing, underwriting, QC, closing and servicing.Every automated output is checked at a defined human checkpoint before it becomes a lending decision, backed by SOC 2 Type II, ISO/IEC 27001, and ISO 9001:2015 certificationFlatworld Mortgage has already absorbed 100% more loan volume at 24–48 hours’ notice

PRINCETON, N.J., Sept. 30, 2026 /PRNewswire/ — Flatworld Mortgage Solutions LLC, a strategic player in the mortgage processing space across the US announced a brand relaunch built on three pillars, Smart, Secure and Scalable, that reflects an operational transformation already running in production. With more than a decade running the US mortgage back office, Flatworld Mortgage has watched rising costs, heavier compliance scrutiny, and unpredictable loan volume stretch the industry’s legacy cost-driven operating model past its limit. This transformation replaces headcount-driven processing with automation and agentic AI built directly into origination workflows, across underwriting support, QC, closing and post-closing.

Smart. MSuite, the AI platform, indexes more than 1 million pages a month across 450-plus document types at a 90%+ accuracy rate. It also runs automated income, asset, and credit review and undisclosed debt notification (UDN) processing. The workflow itself has changed, not just its speed: an agent now owns a part of each file end to end, reviewing it, requesting what’s missing and escalating only when a decision needs judgment, which eliminates handoffs rather than speeding them up. Work that used to take a person the better part of a day, is now completed in minutes.

Secure. Human-in-the-loop checkpoints are built into each workflow alongside the automation, so only genuine exceptions reach a person. In underwriting, for example, an agent pre-clears the conditions it can verify and flags the rest for an underwriter; the underwriter always has control over the credit decision. Each checkpoint is designed to be auditable, and data handling is secure, under SOC 2 Type II, ISO/IEC 27001, and ISO 9001:2015 certification held at the Flatworld Solutions group level.

Scalable. In production, Flatworld Mortgage has already absorbed 100% more loan volume at 24 to 48 hours’ notice, without a corresponding hiring cycle, with processing up to 40% faster than in-house baselines and a 55% net financial benefit in average cost savings and financial returns.

Speaking about the launch, David Antony, CEO of Flatworld Mortgage said “Most AI in mortgage gets bolted onto an existing workflow. We took the opposite approach: we rebuilt the workflow first, decided what AI should do and what a person should own, and only then automated it. In a regulated industry, you can’t say the AI made the call and I don’t know why, someone must own that outcome. That’s not a technology upgrade. It’s a different way of building a mortgage operation.”

Flatworld Mortgage is bringing the Smart, Secure, Scalable platform into conversations with lenders, servicers, and title companies this fall.

About Flatworld Mortgage

Flatworld Mortgage provides comprehensive solutions and BI/analytics services to lenders, brokers, servicers, correspondent lenders, and title companies across the US. The company runs around-the-clock operations, backed by a leadership team with decades of combined experience in US mortgage lending and regulation, and pairs that process expertise with MSuite, its automation and agentic AI platform. Flatworld Mortgage is based in Princeton, New Jersey.

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SOURCE Flatworld Mortgage Solutions LLC

Ankura, the U.S. PE-backed advisory firm, invests in new Data & AI capabilities in the UK and an ecosystem of specialist partners to close the adoption gap holding back the ROI of enterprise AI.

LONDON, Sept. 30, 2026 /PRNewswire/ — Ankura Consulting Group, LLC (“Ankura”), today announced the launch of Ankura, AI by Design, a new tech-agnostic practice in the UK, serving EMEA, which focuses on helping clients use AI to grow revenue, expand what organisations can achieve with AI, and lift underlying profit.

AI by Design is built on the conviction that AI should be shaped around the organisation: its ambitions, people, customers, and distinctive capabilities. Technology is an important part of that equation, however sustainable value depends on the strategy, operating model, skills, systems, governance, talent, and culture that allow AI to change how work gets done and enable organizations to achieve their strategic growth ambitions. This new practice reflects the increasing demand for practical, adoption-led AI advisory and builds directly on Ankura’s established strength in strategy, risk, technology, and workforce transformation.

“AI transformation programmes usually break down due to organizational challenges rather than the underlying technology itself. AI by Design is built by people who understand that, which is why I wanted to be part of it.” Hywel Ball, AI Advisory Council Member, Former EY UK Chair and Non-Executive Director.

Ankura, AI by Design’s proposition is structured around three integrated pillars, underpinned by an internal AI Factory that builds, tests, and deploys AI in real delivery environments:

AI Strategy: targeting topline growth opportunities for boards and leadership teams to unlockAI Governance Engineering: enabling organizations to manage AI risk and unlock value at scale by re-wiring the user experience of AI governance to be more intuitive and more efficient to operateAI Workforce Transformation: redesigning roles, reskilling people, and embedding human-centered change so AI adoption embeds across the organization

“Most enterprise AI stalls because organizations are not ready to adopt it, govern it, or redesign work and systems around it. Ankura, AI by Design closes that gap.” Catriona Campbell, MBE – Practice Lead for Ankura, AI by Design.

Ankura, AI by Design is led by a senior team with direct experience of successfully embedding AI and human-centered change inside global blue-chip multinationals across strategy, governance, and workforce transformation.

They are joined by a curated ecosystem of early-stage ‘best athlete’ partners; Decoded for AI literacy and workforce reskilling, Seymour-Powell for human-centred design, and Inference Group for AI engineering and delivery.

The practice is supported by an Advisory Council of senior figures from across technology, governance, academia, and industry, bringing an independent perspective on where AI is genuinely creating value, ensuring Ankura’s advice reflects the frontier of AI strategy, governance engineering, and workforce transformation.

“The technology has never been the biggest challenge. What matters is whether an organisation understands the outcomes they want to drive, and then designs how it works, governs, and trains its people around those outcomes. Ankura, AI by Design’s focus on the human and organisational side of deployment is exactly the discipline the private sector now needs too.” Dr Laura Gilbert CBE, AI Advisory Council Member, Senior AI advisor to UK government and industry.

“The investment in AI by Design strengthens Ankura’s commitment to helping clients turn AI ambition into measurable results,” said Kevin Lavin, CEO of Ankura. “Across every industry, the organizations that succeed with AI are the ones that bring their people with them, not just their technology. Ankura’s AI by Design practice helps our clients to adopt AI with confidence and turn it into real, lasting value.”

ABOUT ANKURA

Ankura Consulting Group, LLC is an independent global expert services and advisory firm that delivers end-to-end solutions to manage conflict, crisis, performance, risk, strategy, and transformation. Committed to its mission of Driving Excellence, Delivered with Humanity, Ankura has more than 2,000 professionals serving 3,000+ clients across 55 countries. For more information, please visit: ankura.com.

MEDIA CONTACT
Keelin McGrory
aibydesign@ankura.com 

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Appointment strengthens the group’s leadership as it continues to scale its technology, cloud, and AI businesses globally.

SINGAPORE, Sept. 30, 2026 /PRNewswire/ — TO THE NEW and CloudKeeper, leading technology companies focused on digital engineering, cloud, and FinOps, today announced the appointment of Somnath Adak as Group Chief Financial Officer (CFO). Singapore-headquartered TO THE NEW and CloudKeeper are affiliate entities under common ownership.

Based in Singapore, Somnath will lead the group’s finance and legal functions across the group’s operations in Singapore, India, the United States, the United Kingdom, the UAE, and Australia. He will partner closely with the Board of Directors and leadership teams of TO THE NEW and CloudKeeper to shape the group’s legal architecture and steer its finance strategies.

Commenting on the appointment, Deepak Mittal, Chairman, TO THE NEW and Founder and CEO, CloudKeeper, said: “I’m delighted to welcome Somnath as the Group CFO. His combination of financial discipline, strategic acumen, and experience working with boards and leadership teams will be invaluable as we scale the businesses, strengthen our financial and legal foundations, and create sustainable value for our customers and stakeholders.”

Commenting on the appointment, Narinder Kumar, Co-Founder and CEO, TO THE NEW, said: “Somnath joins the group at an exciting stage in our evolution, as we continue to scale our businesses and capitalize on the growth of AI and cloud. His experience across finance, capital markets, and business leadership will be incredibly valuable as we build the capabilities to support our next phase of growth.”

Somnath brings two decades of experience in finance, strategy, and business leadership across India, Australia, and Singapore, including senior leadership roles with large and listed businesses. Before joining TO THE NEW and CloudKeeper, he spent nine years with Singapore-listed Asian Pay Television Trust, including two years as CEO and seven years as CFO. During his tenure, he worked closely with the board to reduce debt, strengthen the balance sheet, and expand APTT’s broadband business. Earlier, he held leadership roles at Macquarie, ITC Limited, and Grant Thornton.

Somnath is a Chartered Accountant and former Chairman of the ICAI Singapore Chapter. He holds an Executive MBA from INSEAD and is a Distinguished Alumnus of Shri Ram College of Commerce.

“I’m delighted to join TO THE NEW and CloudKeeper at such an exciting stage of their journey,” said Somnath Adak, Group CFO, TO THE NEW and CloudKeeper. “I look forward to building on the strong foundations of both businesses while further strengthening finance and legal as strategic, technology-enabled functions that support growth and business decision-making. I’m excited to work closely with Deepak, Narinder, and the teams across both businesses as we scale and expand into new markets”.

The appointment further strengthens the group’s leadership team as TO THE NEW and CloudKeeper continue to invest in technology, cloud, data, and AI capabilities, and expand their presence across global markets. The strategic executive appointment builds on the group’s recent momentum and reflects its continued investment in leadership capabilities to support its next phase of growth.

About TO THE NEW

TO THE NEW is an AI-native digital engineering company headquartered in Singapore, with presence across India, the USA, the UAE, and Australia. Founded in 2008, the company helps enterprises build, modernize, and transform products, platforms, and experiences through AI-powered engineering. Its capabilities span product engineering, cloud, data and AI, enterprise AI, and digital experiences, serving 100+ global clients across diverse industries. TO THE NEW has a team of 2,200+ engineers across 25+ client locations and 6 global delivery centers.

TO THE NEW has been recognized by leading analyst firms including Gartner, Everest Group, ISG, and Zinnov for its capabilities across digital engineering, cloud, data and AI, and media and entertainment. The company is an AWS Premier Partner and Databricks Silver Partner, and has been certified as a Great Place to Work for 10 consecutive years.

About CloudKeeper

CloudKeeper is the only outcome-driven AI & Cloud Cost Optimisation partner built for fast-scaling cloud organisations. We deliver guaranteed, continuous cost savings across your cloud and AI estate—combining proven FinOps expertise, AI-led optimisation platforms, and hands-on execution to drive measurable financial outcomes at scale.

With over 15 years of cloud cost optimization experience, CloudKeeper has helped 400+ global companies reduce cloud and AI spend by an average of 20% across AWS, Microsoft Azure, and Google Cloud. Unlike traditional engagement models, CloudKeeper delivers ongoing savings through an outcome-based model—with no upfront costs and no long-term commitments.

Contact information:

Vinayak
Head – Marketing
TO THE NEW
vinayak@tothenew.com
https://www.tothenew.com/

Naman Jain
Chief Growth and Marketing Officer
CloudKeeper
naman.jain@cloudkeeper.com
https://www.cloudkeeper.com/

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