While servicing thousands of real estate-loans to ensure repayment and simultaneously remaining compliant with ever changing regulatory reporting requirements, the client needed a better way to streamline and automate (where possible) comprehensive data on their portfolio of investments. The solution replaces a legacy Microsoft access database and multiple redundant database tables.
Business Need: While servicing thousands of real estate-loans to ensure repayment and simultaneously remaining compliant with ever changing regulatory reporting requirements, the client needed a better way to streamline and automate (where possible) comprehensive data on their portfolio of investments. The solution replaces a legacy Microsoft access database and multiple redundant database tables.
Solution: The final solution is an integrated payment aggregation, reporting, and investor portal. The client’s subject matter experts (SMEs) worked with two Kinetech business engineers to create a cloud-based dashboard from scratch that delivers the exact capabilities they need. The application auto-flags anomalies in loans, generates standardized reports, and future-proofs the business as their legacy technology was outdated.
Results: Within a matter of days the Kinetech team was able to deliver a working prototype and launched the full application after a one month of development. The end-result has created significant efficiencies across the clients business. Most notably, the end of month reporting now takes a few days for generation and verification versus a week or more using the old processes.