Challenges
- The client is an end-to-end technology platform provider offering mortgage origination to settlement workflow, data and services for nearly half of the U.S. residential mortgage market.
- Enable real-time mortgage data and self-service analytics for brokers, underwriters and lenders.
- Data monetization to compete with FinTechs that offer easy credit and financing options.
- Regulatory compliance requiring documents to be shared 3 days in advance.
Solutions
- Data Stack Modernization using AWS.
- Ensured data monetization through an Insights platform.
- Aggregate data from all lenders, scrub it for data privacy and present it to each client through a series of analytics, benchmarking, and peer insights targeted for end consumption by business leaders.
- Pre-built reports to identify sub-prime lenders and near-prime lenders across counties.
Outcomes
>60
GB data
successfully migrated to the cloud
$1.2
million per annum
saved with 60+ services migrated to cloud
100%
compliance
with regulations ensuring zero downtime
