ARTOptimize™
ARTOptimize™ is a powerful product that automates the process of creating an individually-tailored financial package in the loan origination, deal negotiation, and underwriting process for a given customer.   It automates the process of creating an individually tailored loan package, minimizing risk, improving customer service, and increasing revenue due to faster processing and improved ability to close sales at the initial point of customer contact.  Specifically, ARTOptimize™ leverages your data and business rules to complete the following steps:
  • Integrates, analyzes and grades credit data from multiple sources.
  • Analyzes and acts upon credit data according to specific company policy.
  • Provides intelligent product-selection capability across all available products.
  • Provides a list of conditions/stipulations that must be satisfied in order for the loan to be granted.
  • Provides a sophisticated set of sales strategies to find optimal solutions for every situation.
  • Provides a suggested list of debt-consolidation strategies the borrower might follow in order to lower costs and create a better debt portfolio.
  • Provides justification for the borrower to apply for an increased loan amount or a line of credit (second mortgage, HELOC, credit card, personal loan, etc.).
  • Provides information and explanations regarding the best loan product(s) to cross-sell.
  • Can be deployed in retail (customer-direct, call center, brick and mortar) and wholesale (Broker-direct, correspondent) environments as needed, where needed.

Benefits of ARTOptimize™

By integrating the capabilities of all the components in one suite, ARTOptimize™ allows lenders to:
  • Meet customer needs with a loan package and price tailored to the individual, while also ensuring compliance with the company’s lending policies and bottom-line financial goals.
  • Increase revenue, due to faster processing and the ability to close initial sales, and suggest additional deals to meet the borrower’s needs.
  • Improve customer service, through a more complete explanation of lending decisions and a more rapid, tailored response to individual needs and requests.
  • Minimize risk by offering and recommending products based on detailed customer data.
  • Introduce repeatability and consistency in the lending process.