. Transform Underwriting with Data-Powered Automation
An extension of the Roostify digital lending platform, Roostify Beyond is a data intelligence product that enables you to streamline loan processing and underwriting. By using data from documents and third-party sources, you can focus on what matters most and let Beyond do the rest.
Document Intelligence
Faster underwriting without compromising on accuracy. An experience that delights borrowers and lenders. That’s the power of data.
Give users instant feedback when they upload incorrect or illegible documents. Save on time and costs since borrowers don’t need to engage with your lending team until the documents are ready to go.
Current document classification accuracy F1 score: 0.91
Data Extraction
Automatically check if documents are the right type, but also if it’s the right version and that all data fields match the expectations of the assigned task. Eliminate human error by minimizing the time your team spends manually checking and rechecking documents.
Current document extraction accuracy: 85% – 99%
Data Validation
Use borrower data to create customized, automatic tasks on Roostify digital lending platform prior to the document's in-person review. Keep borrowers happy and boost customer retention with a smooth, faster process.
Analysis Assistant
Everything you want to know about your borrower’s financial profile at your fingertips. Reliable information - powered by data - delivered in a streamlined dashboard, so you can focus only on what matters.
View income trends to easily identify income changes and understand income sources more effectively. Anticipate issues that may require attention before they become a problem.
Asset Analysis
Obtain a complete financial summary of your borrower’s assets, including discrepancies and anomalies. Quickly view total assets, deposits, sources, withdrawal, and much more.
Credit Analysis
Use credit report data from the primary borrower, co-borrower, and jointly-held accounts to automatically identify if any letters of explanation will be needed.
Letters of Explanation
Analysis Assistant identifies issues and anomalies, and automatically enables loan officers to request letters of explanation with a single click - no manual document review needed.
The intelligent data solution that will transform your underwriting process
Decrease Time Spent Processing
Save time by getting the right documents from the beginning. Shorten the feedback loop with clients with real-time feedback. Your team won’t spend time reviewing incorrect documentation or requesting documents.
Reduce Reliance on Human Capital
Eliminate manual work (i.e. “stare and compare”) and enable your lending team to be more accurate. Increase productivity and focus more on strategic initiatives
Deliver a Better Borrower Experience
Create a smoother process for your borrowers by giving real-time feedback if documents are right or wrong. Increase customer satisfaction with a faster loan process and quicker “clear to close”
See What's Next!
The Roostify future promises to be exciting. With leaps and bounds in AI, analytics, and cloud technologies, we’re on the leading edge of change. How about a peek?
.png)
.png)
.png)
.png)
