Customisable Rules Engine

Every lender has different lending rules and criteria that influence your decision making. Through our Client Data Interpretation Rules, Verification Exchange enables the delivery of interpreted data attributes based on a client’s logic & rules. This allows a lender to speed up the lending assessment process by using the data that matters to you.

Through a collaborative agile development approach, we’ll work together to understand your processes and requirements and configure how an applicant's employment income data needs to be interpreted based on your rules that meet your business needs. This innovative capability enables our clients to streamline the employment income assessment process the way they need to, helping to achieve  faster ‘time to yes’ and straight-through processing  objectives.

And because we know that lending criteria can change in response to changing market conditions and the regulatory environment, it’s easy to update and refine your data interpretation rules throughout the contract lifecycle. Just reach out to your account manager to request a re-engagement and refinement cycle. You can also take advantage of a post go-live hypercare period to review the data analysis against the rules and gain further insights.

Get in touch with our team to learn how configuring rules in Verification Exchange can help you to increase your rate of straight-through processing and help create a smoother loan approval process for your customers.