Taking a holistic approach to mortgage analytics [Video]
Fintech disruption is arriving in the mortgage sector. Technology startups are beginning to glean market share in the industry and many traditional lenders are being pushed to adopt digital technologies to keep up.
Analytics are central in this movement, and the benefits include giving decision-makers access to more data and accelerating lending processes.
However, analytics can also mechanize the lending process to the point that financial services firms dehumanize their loan models and find themselves processing so many transactions that they can't keep up. All of these issues can lead to increased exposure to fraud.
Organizations need analytics solutions that cover the full breadth of their needs, as using big data in isolation can severely limit the technology's value. GDS Link provides a cohesive, end-to-end financial risk analytics platform to help banks keep up with rising tech demands.