Over the years in mortgage origination, digitisation of paper documents has led to the growth of image data in volume, velocity, and variety. Organisations have been trying to generate insights from these data to improve the business processes and add value to the business. Nevertheless, almost every organisation is struggling to ingest and capture relevant data from the images due to high complexity and lack of tools to automate these processes. It is time consuming, and inefficient in most of the cases, and requires significant level of manual processing. It gets more difficult while handling non-standard or unstructured documents.
Creating value from the image data has become a time consuming and ineffective process leading to poor data quality and lack of insights.
An Intelligent Data Capture platform needs to handle a diverse input and technical parameters, and expectations of every client demands customisation, which needs to be implemented with quicker turn-around time.
Revolutionizing mortgage origination process, leveraging AI
Salient features of an Intelligent Digital, Mortgage Origination
- Data capture and input from multiple sources
- Data extraction capabilities for multiple languages
- Integration into existing business process management systems
- Document classification using NLP and text analytics
- Intelligent automation and decision making
- Secure and reliable system that protects interests of multiple parties
- Document storage capabilities
- Best in class user experience
