Intelligent Content Recognition

Originators and servicers use Intelligent Content Recognition (ICR) from Fiserv, part of the LoanComplete™ solution suite, to help automate loan document classification and data extraction while decreasing labor costs, improving loan file quality and reducing risk.

Simplify Loan Data Quality and Compliance Audits

This new CEB/Gartner Insight Brief shows you how.

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Overview

Rely on Intelligent Content Recognition to sort, capture, classify and index mortgage loan content, helping you speed loan origination and more quickly onboard loans to your servicing platform. It reduces the need for labor-intensive and error-prone manual data entry, possibly lowering operational costs and increasing profitability.

The industry-leading, state-of-the-art learning rules engine in Intelligent Character Recognition helps improve data accuracy. Automated exceptions workflows provide user-friendly, image-assisted correction and verification capabilities.

Intelligent Content Recognition Process Flow

When paired with Comparalytics from Fiserv, Intelligent Content Recognition delivers some of the highest automation rates in the industry for automatic document classification, data extraction and data comparisons.


Benefits

Benefits to your organization:

  • Helps deliver real efficiency and accuracy results
  • Supports high-volume performance and throughput
  • Decreases errors typically associated with manual data entry

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