The Client
Canadian Fintech providing AI-enhanced Cloud Native Mortgage LOS
Challenge
1. Client is a state-of-the-art digital LOS focused on disrupting the Canadian mortgage origination market.
2. However, client had not considered a post production loan QC module to ensure the highest quality loans being manufactured
Solution & Execution
1. Rather than build their own QC module, Client agreed to partner with AdfarTech and integrate the Copasys® platform into the LOS so that post-production QC can happen seamlessly
2. The Client also worked with AdfarTechto develop a standalone QC module to target lenders not currently on their LOS platform.
3. Jointly developed a road-map with Client to target all critical investor guidelines and regulations to ensure maximum QC coverage
Value Delivered
1. AdfarTech helped the Client create a new revenue stream through this automated post-close QC process
2. Helped the client target a white-space in the Canadian mortgage market i.e. automated quality control of loans prior to delivery to investors
3. Saved the client time and investment to create their own QC module.