Lending Intelligence Platform to Increase Efficiency and Reduce Cost
Client: Top 10 U.S. Bank
Industry: Financial Services


Reduce Expenses and Maximize Operational Efficiency
This Top 10 Bank explored options to reduce expenses and maximize operational efficiency with its loan underwriting and servicing processes.

With decreasing loan volume due to growing interest rates and threats of
recession directly affecting the Lending market, the need to approve and
fund loans more quickly is a priority for many organizations.
ELASTECH implemented a Lending Intelligence Platform that leverages AI modeling for document review, data verification, audit, and “decisioning” in compliance with all requirements.
Highly-trained AI model with 10,000+ loan documents types that Identifies 2,000 variable data points
Solution with 99.99% audit acceptance
Application uptime of 99.995% through the adoption of Tier 4 data center security standards
What The client says about Our Work
“With the help of ELASTECH, we were able to address a massive industry challenge. The solution allows us to underwrite, process, and package/sell loans much more quickly which provides us a competitive edge through increased profitability.”
Chief Lending Officer
Top 10 U.S. Bank

- 68% reduction in processing time
- Increased underwriter productivity by up to 153%
- Real-time validated income calculations for audit success
- Competitive advantage in a competitive market
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Key Technologies

Artificial
Intelligence

Lending Intelligence
Platform

Tier 4
Data Center