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Industry Vet Returns To The Mortgage Space

Private equity firm LLR Partners has engaged Cary Burch, a seasoned software executive in the legal, mortgage and financial services industries, as a Senior Operating Advisor. Burch will use his enterprise software and industry expertise, gained from more than 25 years of experience leading companies at all stages from start-ups to global organizations, to help LLR identify and evaluate new investment opportunities. Throughout his career, Burch has conducted 18 transactions to date and brought dynamic, visionary leadership to a range of growth-oriented organizations.

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Burch was most recently the Chief Innovation Officer at Thomson Reuters and held CEO and COO roles at the company’s legal enterprise software company, Thomson Reuters Elite. Prior, Burch was the Chairman and CEO of LSSI, a SaaS regulatory compliance and enterprise accounting software company acquired by Constellation Software (TSE: CSU) in 2010. He previously held C-level operational and technology positions at Fidelity National Information Services, First American Financial Corporation and other financial services companies. Burch is currently a board member at LoanLogics, BrandRep and ExecVision. He previously served on the boards of ProSites, Yourmembership.com and LSSI.

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“I am honored to engage with LLR Partners as a Senior Operating Advisor,” said Cary Burch. “My background in legal, mortgage and financial technology aligns well with some of the core areas where LLR invests. Working together, I believe we have the opportunity to establish some very meaningful partnerships with companies who can benefit long term from our industry and growth expertise.”

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“Cary’s enterprise software and industry expertise is entrenched in long history of driving innovation and leading transactions for companies at all stages of growth,” said David Reuter, Partner at LLR Partners. “We’re excited to have him on board to help LLR evaluate new investment opportunities and help grow our portfolio companies.”

LLR’s Senior Operating Advisors are senior executives with deep operating experience and industry-specific knowledge that can help enhance shareholder value. They are engaged as consultants to assist with various activities including market research, new investment identification, pre-investment business diligence and post-investment value creation for our portfolio companies.

About The Author

Tony Garritano

Tony Garritano is chairman and founder at PROGRESS in Lending Association. As a speaker Tony has worked hard to inform executives about how technology should be a tool used to further business objectives. For over 10 years he has worked as a journalist, researcher and speaker in the mortgage technology space. Starting this association was the next step for someone like Tony, who has dedicated his career to providing mortgage executives with the information needed to make informed technology decisions. He can be reached via e-mail at tony@progressinlending.com.

Cary Burch Joins LoanLogics Board

LoanLogics, a provider of loan quality management and performance analytics, announced that Cary Burch has joined the company’s board of directors. A veteran of several national financial services and information technology companies, Burch will leverage his two decades of experience in the IT, legal and financial services industries to help LoanLogics expand its products and achieve long-term growth.

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Most recently, Burch served as chief innovation officer with Thomson Reuters, a multi-billion dollar global information solutions company. His previous roles include CEO of Lender Support Systems (LSSI), a mortgage technology provider; COO of Fidelity National Information Services; and CIO of First American’s Consumer Information Group and president of First American CreditNet. Earlier in his career, Burch served as senior vice president and CIO of Advanta Mortgage and vice president of  strategic technologies and CIO for First Franklin Financial. He serves on the board of directors for Palomar Health Foundation, which provides healthcare services to communities in Riverside and San Diego counties.

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“We consider ourselves very fortunate to have Cary join our board, as he brings a unique blend of experience in information technology and financial services markets as an operator, innovator, technologist and experienced investor,” said Brian Fitzpatrick, founder and CEO of LoanLogics. “We expect Cary to play a valuable, active role in helping us form the direction of LoanLogics and continue to expand the breadth and depth of our solutions across the mortgage and financial services industry.”

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“I am thrilled to join the board at LoanLogics, a company led by an experienced team with deep roots in the mortgage industry,” Burch said. “Today’s mortgage industry requires greater understanding of loan data, and LoanLogics has the technology and capabilities to quickly and accurately extract, analyize and review loan data for risk and performance. I look forward to leveraging my experience in the mortgage, legal and private equity markets to help LoanLogics capitilize on its strengths while pursuing new applications for its groundbreaking technology.”

About The Author

Tony Garritano

Tony Garritano is chairman and founder at PROGRESS in Lending Association. As a speaker Tony has worked hard to inform executives about how technology should be a tool used to further business objectives. For over 10 years he has worked as a journalist, researcher and speaker in the mortgage technology space. Starting this association was the next step for someone like Tony, who has dedicated his career to providing mortgage executives with the information needed to make informed technology decisions. He can be reached via e-mail at tony@progressinlending.com.