Best-In-Class “Big Text” Analytics Solution ayfie Will Power Contract Analytics for the Assure Platform to Drive Efficiency in the Mortgage Industry.
ayfie Inc., a leading software company for information retrieval and big text analytics used in a variety of industries and disciplines worldwide, is proud to announce that it has signed a strategic licensing agreement with the financial technology provider Alpha Modus to power contract analytics for the mortgage industry.
“Designed to integrate with the mortgage pricing and risk management software MIAC Analytics, Alpha Modus’ Assure platform, powered by ayfie’s technology will drive workflows into MIAC’s Verifi product. Through MIAC, we will streamline the mortgage due diligence process by extracting key metadata compiled throughout the loan origination process. This will, in turn, provide actionable insights to a broad range of mortgage industry participants.” — William Alessi, CEO at Alpha Modus.
This integration will leverage ayfie’s leading AI engine to identify data points with high precision, creating seamless analysis and process automation. The initial release this month includes document indexing, metadata extraction, and workflows to automate the evaluation of mortgage documents.
ayfie’s solution for contract analysis is securely housed within a Tier IV data center with an ISO 27001 certified management layer.
“By strategically aligning with Alpha Modus, we’re launching an extremely sophisticated mortgage pricing and risk management software suite. Working closely with thought leaders in verticals like the mortgage market allows us to solve specific and costly problems in the industry. We’ll continue to innovate with Alpha Modus for data-driven process automation in the mortgage industry moving forward.” — Rob Wescott, Chief Strategy Officer at ayfie.
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