Smart data collection to improve NPL data tapes management

-90%

manual work

x10

faster processing

Improved NPL evaluation capability

Non-Performing Loans (NPLs) are a persistent problem for banks, with many loans becoming unpaid debts. Banks sell these NPL files to specialized operators and debt collection agencies, which need to extract as much information as possible to make accurate assessments of debt’s value and likelihood of recovery.

The manual extraction of data from NPL files is time-consuming, inaccurate, and slow, leading to missed opportunities and inaccurate evaluations. Debt recovery agencies are often unable to keep up with the large volumes of NPL files and the information needed to evaluate them.

Altilia Intelligent Automation offers a solution to automatically categorize documents and extract the over 230 relevant datapoints that were prevously read manually, to enrich NPL data tapes and streamline the NPL value assessment process.

This leads to a more informed data process, with more accurate information, which only requires a tenth of processing time a with a 90% reduction of the manual workload.

With an improved ability to evaluate likelywood of recovery and to negotiate the right price with the banks, NPL operators can now generate higher margins and profitability.

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Gianfranco Tedesco

Senior Digital & Innovation Project Manager, do Value

Collaborating with Altilia has helped us to enhance our operations. Their advanced automation solutions have saved us significant time and effort and ensured unparalleled accuracy in data extraction. Leveraging their cutting-edge technology and their commitment to continuous improvement has provided us with a competitive edge, enabling us to manage our business processes more effectively and efficiently.

Armando Capone

General Manager Italy, Experian

Our mission is to leverage new technologies to make access to credit easier and more inclusive. In Altilia, we have found the ideal partner to take another step forward in this direction. The joint development of new solutions and use cases with Altilia, will allow us to streamline procedures, making them safer and automatic for banks, while also speeding up access to funds for consumers.

Crédit Agricole Italia

At Crédit Agricole Italia, we're working with startup Altilia to create new tools that will help us better understand and meet our customers' needs. Altilia was chosen for this project through the ELIS OPEN ITALY program and will be integrating its platform into our Enterprise Banking ecosystem to improve our services and processes.

Alessandro Allamprese

CEO & Founder, KALAWAY / ADM Capital S.R.L.

The Altilia Intelligent Automation platform allowed us to automate a repetitive process that was previously handheld in a completely manual way, leading to substantial benefits for our organization. Thanks to Altilia’s solution we can now manage more operations in a shorter time, while guaranteeing the highest service standards for our customers

Francesco Betti

Chief Operating Officer, Anima S.G.R.

Thanks to the Altilia Intelligent Automation platform, we are able to extract and compare data contained in financial statements in a fully automated way, thus significantly reducing our time spent on repetitive tasks. Altilia's technology fully demonstrates the potential of AI to transform and improve business processes.

Sebastiano Gadaleta

Chief Financial Officer, Noi Energia S.R.L.

By using the Altilia Intelligence Automation platform, we were capable of automating processes that had previously been carried out in a completely manual manner, thus cutting missing registration errors to zero. This automation has allowed us to further qualify our administrative staff, improving our front office and customer relations activities, while further developing our business.

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