The Client
Canadian Fintech providing AI-enhanced Cloud Native Mortgage LOS
Challenge
- Client is a state-of-the-art digital LOS focused on disrupting the Canadian mortgage origination market
- However, client had not considered a post production loan QC module to ensure the highest quality loans being manufactured
Solution & Execution
- Rather than build their own QC module, Client agreed to partner with Coforge and integrate the Copasys® platform into the LOS so that post-production QC can happen seamlessly
- The Client also worked with Coforge to develop a standalone QC module to target lenders not currently on their LOS platform.
- Jointly developed a roadmap with Client to target all critical investor guidelines and regulations to ensure maximum QC coverage
Value Delivered
- Coforge helped the Client create a new revenue stream through this automated post-close QC process
- Helped the client target a white-space in the Canadian mortgage market i.e. automated quality control of loans prior to delivery to investors
- Saved the client time and investment to create their own QC module.
