The future of AI mortgage lending is bright. The rapid advancements in technology especially in the mortgage industry are commendable. Mortgage lenders are ready to step out of their comfort zone and explore technology that knows to make the lending process seamless and with minimal human intervention.
With a lot of data still on paper, managing and optimizing the mortgage documents will be crucial. In fact, this may be one of the most exciting AI intelligence dashboard implementations, implementations, that will enable paperless lending.
- - You can read and classify document scans
- - Auto verify documents
- - Abolish manual input of document data and integrate it with any transaction system
What can be done with Artificial Intelligence powered dashboard?
1. Simplified artificial intelligence dashboards, answer all your queries (Conversational AI)
- Keep only the current most used metrics & charts on your dashboard.
- For all adhoc queries like comparisons, top N, bottom N and any other question that comes to mind while looking at your dashboard, just ask our AI chat assistant Osler
2. Minimise your analysis effort, let AI generate the important insights
- - Reduce the effort required to sieve through multiple analysis to derive the most relevant insights.
- Maintain all insights discovered through self-exploration and analysis in one place for your future reference and as context for all relevant peers with access to the dataset
3. Reduce number of daily reports, get the breaking news notifications real time (Intelligent alerts and Notification)
- Get updates on key metrics, trends and important insights on your data and business directly; without the hassle of pouring over multiple daily pre-configured reports
4. No more Copy-paste or Download-save-attach, Share and action insights directly
- Reduce the number of steps and systems you are required to go through to share an insight and make it actionable; send over an actionable insight to your relevant peer via mail or skype
5. Avoid loss of context & discovered insight, Note observations for future and for peer reference (Community Analytics)
- Maintain all insights discovered through self-exploration and analysis in one place for your future reference and as context for all relevant peers with access to the dataset
In conclusion, with our experience in building end-to-end scalable solutions that also leverage the best in machine learning and artificial intelligence, Digilytics™ RevEl for Financial Services, is currently being used by financial institutions, who want to quicken their lending process by reducing time to offer and make the lending journey seamless.
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Posted Under: Intelligent Digital
