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Components

Customer MDM, but smarter

End-to-end capabilities enabled by AI/ML
Detect & Model
Identify relevant data and model customer records with precision.

Challenge

A risk you can’t afford

Bad data affects financing and mortgaging. When you’re not very confident about the data, loans can backfire. Whether it’s a residential mortgage or a loan against property, a 100% guarantee that the asset hasn’t been previously mortgaged is critical.

Without robust verification that the same property is not used for different loans, your institution faces the risk of fraud. And it’s a risk you can’t afford.

Product Overview

Don’t rely guesswork when you can enjoy certainty

PropEx is a solution designed to tackle the complexities of immovable asset verification. By uniquely identifying properties, PropEx gives you 100% certainty that the asset you’re financing is not previously mortgaged.

It assigns unique IDs to each property, effectively eliminating the risk of re-mortgaging and financial losses. With PropEx, you can also assess the complete exposure of the builder and project.

Benefits

Secure Lending
Risk Management
Fraud Prevention
Reconcile Conflicting Collaterals

Swift and accurate verification that a collateral is lien-free, supporting quicker loan approvals

Assess and manage the exposure of builders, and projects to minimize risk

Avoid the risk of long-term losses by financing properties that have already been mortgaged

Resolve similar collaterals by different customers arising from name variations, data entry errors, and inconsistent data standards with fuzzy matching.

Secure Lending

Swift and accurate verification that a collateral is lien-free, supporting quicker loan approvals

Risk Management

Assess and manage the exposure of builders, and projects to minimize risk

Fraud Prevention

Avoid the risk of long-term losses by financing properties that have already been mortgaged

Reconcile Conflicting Collaterals

Resolve similar collaterals by different customers arising from name variations, data entry errors, and inconsistent data standards with fuzzy matching.

Use Cases

Where PropEx Helps

Banking

Uniquely identify and verify properties for risk-free loan approvals

Insurance

Determine the complete exposure of projects and builders to mitigate risks effectively

Why PropEx

Mortgage with pinpoint accuracy

Unmatched Accuracy
Powerful search results with highest correct matches and the fewest false positives
Volume Without Limits
Built to handle large volumes of data from various sources
Built for Speed
Properties, once mortgaged, cannot be re-mortgaged elsewhere even within the same day, offering real-time protection
Agnostic to Systems
Integrates seamlessly with any database, hardware, application, or operating system
Optimized Operations
Lower Total Cost of Ownership (TCO) and higher Return on Investment (ROI)

Features

Immediate and precise results

Customizable Matching Rules
Flexible Matching Criteria
Intra-Day Matching
Data Transformation Support
SOA Integration
Result Bucketing

The Impact

Solving current challenges, shaping the future

5bn
Customer Data Trained AI & ML Model
3mn
New Customers Processed Daily
7.5bn
Policies Data Processed
1sec
Instant Credit Decisioning
2sec
Customer Onboarding
10sec
Loan Approval

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PropEx Quicker time to mortgage collateral approvals, driving profitability, and reducing fraud risk