Head, technology division
If there’s a theme to this year’s Hot List, it’s how technology is increasingly transforming the lending world. Tom Chung leads the technology division at Fundever, a fintech company that developed a digital platform to connect mortgage brokers with commercial lenders across Canada. The software streamlines the origination of commercial loans, acting as a marketplace where brokers can submit loan applications and only interested lenders will reply.
Chung is responsible for translating the company’s business objectives into technical requirements, and setting standards and processes to ensure business and technical product goals are met with efficiency. A former engineer and solutions architect at Trulioo, Chung assisted in growing the company into a global leader in electronic identity verification and a pioneer in the fintech space.
Fundever launched in November 2016, and Chung says the company “has since received a lot of great feedback, which helped us greatly in terms of refining our product.” Its greatest appeal is that it can help brokers increase efficiency, since they only have to provide a minimal amount of information when they submit an application. The best part: the software is free to use and only available to licensed brokers.