The Chennai-based eNTrust Software & Services, a completely owned subsidiary of NTrust Infotech USA, a Commercial Real Estate (CRE) software program and providers firm with a worldwide footprint, has acquired Eximius, a Philippines-based main BPO firm for the CRE trade internationally.
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Srikanth Ramachandran, CEO, NTrust
The acquisition, an all-cash deal for an undisclosed quantity, makes NTrust Infotech one among the many world’s largest impartial suppliers of CRE providers. Post-acquisition, each the businesses will retain their impartial identities, market positioning, and administration and operations workforce. NTrust will leverage its area experience and technological prowess to increase Eximius BPO’s capabilities and international shopper base.
NTrust has near 20 years of expertise in offering lease abstraction, administration, and accounting providers for a spread of actual property funding trusts (REITs), actual property house owners/builders, fund managers, and CRE service suppliers. The firm makes use of Artificial Intelligence extensively for its lease abstraction and administrative providers.
REmaapAI, NTrust’s flagship abstraction and workflow platform, supplies a spread of automated options whereas sustaining a “Human in the Loop” strategy to abstraction. The instrument automates the OCR, Document QC, and Clause Identification processes; helping the abstraction workforce by figuring out clause language throughout all lease paperwork. REmaap additionally supplies for automated knowledge validation by its sturdy enterprise guidelines engine.
Commenting on Eximius acquisition, Mr. Srikanth Ramachandran, CEO, NTrust, mentioned, “We are pleased to welcome Eximius to the NTrust team. Combining their talented and experienced workforce and our technological prowess, we will be creating one of the largest CRE services companies in the world. Joining hands with the excellent talent pool of Eximius also gives us the opportunity to significantly grow our lease and property accounting services.”
In his feedback, Mr. Javey de Venecia, President and General Manager, Eximius, mentioned, “Our acquisition by NTrust provides us with access to their tremendous AI and robotic process automation platforms, and talented technology resources. This will allow us to expand and provide our clients a host of quality lease abstraction and administration services, quicker turnaround times, and improved reporting capabilities. We look forward to multiplying our services capabilities and growing our business both in size and scope.”
About NTrust
NTrust is the worldwide trade chief specializing in supply of technology-enabled providers for the CRE trade. Established in 2003 by CRE trade specialists, NTrust has over 1,100 workers worldwide and has accomplished over 1,000,000 lease abstracts from 40 languages and 106 nations. Our purchasers embody international REITs, proprietor/builders, service suppliers and occupiers.
About Eximius
Eximius BPO supplies high-value actual property processing providers. Our objective is to assist companies set up and entry essential info to allow them to deal with core competencies. We ship these providers with an understanding of the service-level, safety and scalability necessities essential to succeed. Our providers are enhanced by selective recruitment, intensive coaching, and a meticulous Quality Control Process.
