Gartner mentions Altilia in its 1st market guide on Intelligent Document Processing

Enhance credit scoring for lending applications with ECM metadata

The ClientFinancial Institutions
PersonaCIO / CTO / Data Scientist
The ChallengeThe challenge will go here

Problem

Banks and Financial Services Institutions are dealing with a big challenge when evaluating loan and mortgage applications, since data for credit scoring comes from multiple sources, such as lending forms, balance sheets, project descriptions, and business plans. Therefore, an intensive and error-prone manual effort is needed to extract relevant data timely and accurately.

Solution

Altilia Intelligent Automation enables customers to extract the right data from documents and to enrich Enterprise Content Management (ECM) systems, like OpenText Documentum ® with metadata feeds, empowering the automation of credit scoring with increased accuracy.

Benefits

Our solution makes the lending processes 80% faster and more accurate, reducing manual effort by 80%, leading to an application processing time reduction from five days to just one, with greater benefits in terms of application completion rates and customer satisfaction.

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