Real estate information provider
The analytics, which the company refers to as its Portfolio Management Intelligence Suite, were designed to identify credit, collateral lien and transaction risks in lenders’ and investors’ portfolios.
Using the technology, users can apply business rules to determine reserve calculations and do analysis on individual properties in the portfolio. They also can track and analyze all liens and lines on a property, DataQuick president John Walsh said in a press release.
Among the catalysts creating a need for the analytics are market shifts and regulatory requirements, as well as the lack of technology that can address these challenges in cost effective and complete ways that maximize revenue and profits, he said.
“The technology…allows for a faster and more frequent evaluation of the portfolio and reduces the review staff needed to perform time-intensive, manual reviews,” he said.
The platform has four core components that can be used together or individually. These address lien data, lien positioning, automated credit and lien analysis and overall analysis through the company’s national property database, a lien model, a portfolio component and a component called ARTAdvisor.
