Loan Underwriting with
Real-Time Data
In today’s competitive market, loan underwriting is a space where shaving a few seconds off a funding decision can lead to millions of dollars in profit.
Eliminating those few seconds isn’t so easy. To make that happen, many lenders invest in expensive data architectures.
But today, there's a better way. Lenders are harnessing operational data stores such as Materialize to deliver loan determinations to underwriters in seconds or even milliseconds, rather than minutes or hours.
Read the following white paper to gain insights into:
The history of loan underwriting, including banks vs. fintechs
Data in the loan underwriting process - from data entry, to credit metrics, to machine learning
The importance of SQL - why so many lenders turn their underwriting rules into SQL logic
The solutions: traditional data warehouses, streaming databases, microservices, Cloud Operational Data Stores
Download the free white paper now!