Fidex™ origination view
Key Features Include
- Identity fraud scoring and review
- Automated or manual credit underwriting
- Applicant residence & employment verifications
- Collateral quality review & stipulations
- Title review and perfection services
- Loan funding and boarding
The Fidex™ Origination Workbench solution dynamically combines lender insight with analytics to empower enhanced decisioning. Fidex™ offers an underwriting workbench that allows any loan to be manually reviewed based on specific product triggers. Lenders can quickly and easily create, simulate, and deploy auto decisioning rules in minutes, including the ability to switch seamlessly between automated and manual decisioning.
The Fidex™ Origination Workbench solution leverages interactive applicant tools, online data services, and advanced risk analytics capabilities, to provide automated decisions with a high degree of confidence. For decisions that require manual intervention, the solution provides an innovative origination workbench that allows underwriting analysts to evaluate and decision applications quickly, while the applicant is online.
Fidex™ is a hosted solution, integrated with 12 critical data and servicing partners. The result is an exceptional customer experience that mitigates lender risk at every step of the online lending process.
A key requirement for online auto lending is the need to determine the quality of the vehicle used as collateral. The Fidex™ Origination Workbench solution combines up-front data inquiries to eliminate unworthy vehicles early in the process. A title perfection service streamlines the process of the title transfer post sale. Identity fraud checks and reported employment and residence verifications, provide an unprecedented level of online lending confidence.
