Financial Services
A more efficient method for Mortgage processing
Historically, it has been difficult for mortgage brokers to deal with the paper / electronic documentation challenge that plagues financial services, with most defaulting to slow, manual processing or rudimentary capture products that can only manage a limited number of document types. Until now. Shamrock’s end-to-end offering turns the promise of a totally digital mortgage processing solution into a reality. ​
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Shamrock Solutions works for the financial services industry to save time, cost, paper, and hassle from the traditionally paper-centric task of mortgage processing.
Up to 57% of home buyers combine in-person conversations with prospective lenders and hard copies with online applications, creating a disparity between face to face and virtual interactions – hampering the need to process both paperwork and electronic documentation.
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Identify, classify, separate, and organize loan applications automatically
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Route loans to the appropriate processor for immediate attention
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Utilize fixed form extraction, table extraction, database lookups, and FuzzyDB extraction to enhance accuracy of OCR
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Eliminate delays and increase customer satisfaction and retention with faster processing by reducing paper processes
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Remove manual tasks, allowing staff to concentrate on providing exemplary service
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Expedite deployment by up to 80% using 600 mortgage-specific out-of-the-box templates
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