Comparalytics
Comparalytics takes manual data review audit processes out of the hands of operational personnel and automates them, giving you the accuracy, efficiency and confidence you need to save your institution time and money.
Comparalytics gathers data from all line of business sources and compares it with content found on electronic documents associated with the loan, such as signed legal documents, to ensure that loan units are complete, accurate and saleable. The solution works in conjunction with any document repository and line of business core system.
Key Benefits
- Automate the review and analysis of loan origination and servicing data to original document data to ensure data accuracy
- Reduce costly and error-prone manual reviews for onboarding newly acquired or serviced loans
- Minimize data issues associated with foreclosures, buybacks and consumer complaints, as well as increase the value of loan portfolios for resale
- Reduce costs with improved processor efficiencies by limiting manual reviews to exceptions
- Increase the value of your loan portfolio for resale
- Country
- United States
- Solution
- Insights & Optimization, Enterprise Payments Solutions
- Published
- April 2016