Challenges The client’s OCR platform struggled with the volume and variability of the mortgage document formats which varies from state to state and required constant intervention. The complexity included capturing multi-page loan documents, credit reports, tax statements, and more. After three years of pursuing an automation programme of its own, the client concluded that traditional OCR players could not handle their unique data challenges. Mortgage Loan Processing Time Reduced by 90% Product Cognitive Machine Reading Process Automated Mortgage Processing Industry Business Support Services IT Support Services The AntWorks Solution This client uses Cognitive Machine Reading (CMR), a combination of AI, cognitive technology, Machine Learning and pattern recognition. CMR accelerates

Join for free to read