Resources

Newsroom

Back to Media & Press Releases
Media

AI Foundry Previews their “Digital One Office” Technology to Help Transform the Mortgage Loan Process

Finovatefall

Enabling a future-ready & frictionless mortgage experience for both customers and lenders

Wakefield, M.A., September 24, 2018—AI Foundry, the leader in actionable intelligence that creates future-ready and frictionless mortgages, today announced a preview of its “Digital One Office” technology and their “Digital Mortgage Agent” at FinovateFall 2018. The new AI technology will enable banks and non-bank lenders to automate the very manual and serial process of originating a loan. The integration of AI-based digital mortgage agent technology into AI Foundry’s Agile Mortgages Solution will enable banks and non-bank lenders the opportunity to automate and streamline parallel business processes in the loan origination sector. The technology previewed at FinovateFall 2018 can be customized for all downstream mortgage processes, creating a true end-to-end digital mortgage solution.

“Banks have spent the past few years digitally transforming their front office or customer experience portals while at the same time trying to fine tune their back-office core systems. We at AI Foundry believe the focus should not be on either end but look at the front and back office holistically and create a ‘Digital One Office’”, said Steve Butler, Founder and General Manager of AI Foundry. “Using leading-edge technology to unite the front and back office and automating processes to solve specific customer problems is paramount for creating the next generation operating model for the digital world. Banks and lenders need to respond faster to changing market dynamics; quickly introduce new products and services while providing a fantastic customer experience, said Butler.” AI Foundry will be previewing the Digital One Office and Digital Mortgage Agent technology on Tuesday, September 25th during the 11:00 am demo session.

“We are very excited to have AI Foundry joining us on stage FinovateFall 2018. They’re a Finovate veteran, and it’s great to see them coming back as they continue to innovate to meet current and future market needs,” said Greg Palmer, VP of Finovate. “I’m sure their latest tech will be of great interest to our audience as they look for leading-edge fintech offerings.”

About AI Foundry

AI Foundry, a Kodak Alaris business unit, transforms banking and lending operations by integrating information, people and processes to enable increased insight and improved decision-making. AI Foundry’s “Digital One Office” technology transforms banking and lending operations by streamlining and automating manual processes, enabling organizations to adapt to changing market conditions, manage compliance, all while driving bottom-line performance. For more information, visit AIFoundry.com.

About FinovateFall

About FinovateFall: FinovateFall is a demo-based conference for innovative start-ups and established companies in the fields of banking and financial technology. Held in New York, the event offers an insight-packed glimpse into the future of money via a fast-paced, intimate, and unique format. The event is organized by The Finovate Group. For more information on the event or to view videos of previous demo, please visit finovate.com.

Media Contact

Jill Jones
AI Foundry
[email protected]
(781) 258-0737