Digital lending platform Blue Sage announced it has hired David Aach as its new, and first, chief operating officer.
Prior to joining Blue Sage, Aach was the executive vice president of mortgage tech company Docutech, where he helped the company more than double its revenue.
Before Docutech, Aach worked at IBM for 10 years in its mortgage practice. Aach previously served as COO of Palisades Technology Partners, which was acquired by IBM in 2006.
As the new COO, Aach will be assisting with sales, managing existing accounts and strengthening partner relationships.
“I am going to help them scale the business and meet the growth challenges,” Aach said to HousingWire. “I’ll also help build in all the infrastructure and all the procedures and relationships you need to grow quickly and successfully.”
Blue Sage Founder and President Carmine Cacciavillani told HousingWire that Aach was the right fit for the new position based on his previous experience.
The two previously worked together at Palisades Technology Partners, and have known each other for over 35 years.
“[The new position] a major change for us, getting someone who really understands the industry, has connections and understands the implementation process,” Cacciavillani said.
Aach said as a fast-growing company, there are plans to double its size in 18 to 24 months.
Last April, the Blue Sage platform was chosen by PrimeLending as its new LOS, and in May 2018, the company partnered with Finicity, a provider of real-time financial data aggregation and insights.
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