Revel levels the playing field, allowing lenders of any size to implement a modern AI & Machine Learning infrastructure.
Underwriters can save time on repeated, redundant and mundane manual tasks like printing, physical transfer of files, piling up of files/cases with AI enabled data capture and entry into origination system.Automatic validation and Day 1 underwriter requirements at time of submission, electronic annotation of case documents, simultaneous and parallel processing of case file with full versioning and audit trail enable a seamless lending experience.
With classification of cases into Standard and Accelerated, underwriters can speed up their lending process.Algorithmic assignment of cases to underwriters to maximise SLA adherence with conversational support for case specific queries enable a fast-seamless experience. Automated decisioning support for Accelerated cases and search on underwriter notes reduces the time and fosters quick decision making.
Achieve granular visibility of case status and bottlenecks with a near real-time visibility of status to customer / intermediary.Real-time SLA monitoring, predictive alerts on SLA breaches document expiry and load balancing capability based on underwriter workload.
Integrates with the transaction systems, and can be easily used by underwriters with minimal training.
Bulk document-set readerInstant validation of supporting documents (correctness & consistency) Document versioning & duplication Audit compliance, single source of truth Digital annotation for notes reference Connectors for third party data sources
Uberification of underwritingModelled case risk calculation Intelligent case classification into multi speed queues Automated case load balancing Case rationale model explainability for compliance
Real time visibility of case status, history and notesConversational chat interface for ad hoc queries Real time notifications on pending tasks/documents Visibility of case pipeline, pending tasks etc. Real time predictive alerts and notifications on SLA breaches, doc expiry Collaborate seamlessly across teams