With Revel’s Intelligent Affordability avoid juggling between multiple documents and data points to analyse income and expense. Get a consolidated overview for every borrower configured to your requirements for faster decisioning.
Creates a unique mortgage service proposition driving market share growth
Minimal upfront investment, available on secure SaaS platform
Plug and play bolt-on product, no need to replace current mortgage systems
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
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