AI and Robotics Deliver True Mortgage Automation Results

CINCINNATI, Feb. 19, 2019 /PRNewswire-PRWeb/ -- Paradatec, Inc., a leader in AI-based mortgage automation loan processing, will be presenting at next week's Mortgage Bankers Association Servicing Conference & Expo at the Hyatt Regency in Orland, Florida.    

"While terms like 'AI' and 'robotics' are the current industry buzzwords, we need to remember that the ability for these tools to make valid automated decisions begins with accurate data. The old maxim of 'garbage in, garbage out' certainly holds true in this market, otherwise these tools just do bad things faster, which nobody can afford. We hold fast to the premise that Paradatec's mortgage automation solution has a more expansive library and requires a fraction of the infrastructure investment of most competitive offerings," said Neil Fraser, Paradatec's Director of US Operations. Fraser continues, "Our clients are assured of feeding highly purified data into their downstream processes, allowing them to achieve the productivity targets envisioned at the beginning of their automation journey."

Paradatec representatives will be available for meetings in booth 622 of THE HUB from Monday, February 25 through Wednesday, February 27. Specific individual appointments can also be requested via the Contact page at http://www.paradatec.com/contact-us/.

About Paradatec
Paradatec's mortgage automation solution offers significant efficiencies for classifying large quantities of differing document types and extracting key data elements from those documents. In the mortgage market, these capabilities allow for the quick and accurate identification of nearly 750 unique documents in the typical mortgage file, along with capturing nearly any data element from those documents that an organization requires. For more information, please visit http://www.paradatec.com.

SOURCE Paradatec

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http://www.paradatec.com