Bill Kelvie has had a distinguished career in information technology as a management consultant, Chief Information Officer, entrepreneur, and advisor, including: Chairman and Founder, Overture Technologies (2000 to 2011). Kelvie founded Overture Technologies to provide advanced technology to address complex financial decisions such as approving a mortgage loan or paying for college. Overture has worked with leaders in both arenas including Freddie Mac, The Hispanic National Mortgage Association, and Wells Fargo in the Mortgage sector and the University of Pennsylvania, The College Board and HESC in higher education.
Executive Vice President and Chief Information Officer, Fannie Mae, (1990 to 2000). Under Bill’s leadership as CIO, Fannie Mae set a goal of reducing the credit risk and cost to originate a mortgage through advanced technology such as Desktop Originator and Desktop Underwriter. These applications incorporate expert systems and the internet to eliminate paper and provide more accurate loan decisions to borrowers and lenders. Kelvie’s leadership was recognized and described in Jim Collins’s book Good to Great.
Management Consultant, Nolan, Norton & Company, a division of KPMG (1981 to 1990). As Managing Partner of their financial services practice, Kelvie developed information technology strategies for leading investment and commercial banks in the United States and Europe. In all, he served over thirty financial institutions, providing assessments of current capabilities, and technology strategies linked to business direction as well as technology architectures.
Bill has served on a number of boards including Move.com, the leader in residential real estate. Additionally, he has served as a member of FINRA’s advisory board for electronic markets and trading.
Bill has a master’s degree from Trinity College and a bachelor’s degree from Tufts University.
Selected Awards and Recognitions:
The Renaissance CIO Project: the Invisible Factors of Extraordinary Success – Authors James Moffat Spitze and Judith J. Lee, published in the California Management Review of the Haas School at Berkeley. The authors identified fourteen CIO’s who have led the profession over the last three decades to determine common factors in their success.
The Computerworld/Smithsonian Award for Technology Excellence:
Awarded in 1998 for the first internet originated mortgage. Finalists from prior years included Desktop Home Counselor, a tool to assist counseling first time homebuyers in the language, financial aspects and responsibilities of homeownership.