zia loan automation system (las) featuring alfresco & zia oneview
TRANSCRIPT
Zia LAS ™ Loan Automation System
Mike MahonCEO and Co-Founder
Jon SoloveSolution Engineer
The loan process
is paper* intensive and
costly
Why
automate?• Rapid ROI – Typically 100%
within first 9 Months
• Accelerated Revenue Cycles
• Meet Compliance Requirements
Why
now?• Competition
• Increased Risks
• Leverage New Technologies
• Process Efficiency
• The Problem – Who, Where, How Big, Is it for me?• The Solution – Zia Loan Automation System
• Capture - Extraction as a Service (EaaS) ™
• Simple + Smart Content - Alfresco
• Process - Advanced Closing Extraction (ACE) ™
• Actionable Analytics - Zia OneView ™
• LAS Demo• Case Studies• Little Bit of the Future• Conclusion
• Why Zia
Today’s Agenda
• Mortgage Banks• National• Regional• Credit Unions
• Wholesale Banks
• Mortgage Insurers
• Service Providers
Who?
• Origination• Underwriting• Closing• Post Closing
• Audit• Compliance• Investor Prep
• And more…
Where?
How Big is this Problem?
• 5 - People
• No – I have one?
• 50 - % Process Efficiency
• Yes – ROI This Year
Is It For Me?
• Capture - Extraction as a Service (EaaS) ™
• Simple + Smart Content - Alfresco
• Process - Advanced Closing Extraction (ACE) ™
• Actionable Analytics - Zia OneView ™
Zia LAS- Loan Automation System
Capture: Extraction as a Service
Any Source• Customer• Agent/Broker• Underwriter• Third Party
Any Format• Paper• Web• Email• Fax• Mobile Capture
• Central Document Repository (Portal / Website) for:• Customer• Agent/Broker• Underwriter• Compliance
• Customer Account• Loan Folder - mFolder
• Content from:• Web Upload• Email • Paper, Fax
Simple + Smart - Alfresco
• Document AND Records Management• Secure Collaboration• Automated Workflow (Mortgage Process)• Enterprise Search• Annotation / Redaction• Email Integration
• Email documents into repository• Drag & drop• Outlook & “Hosted” Email (aka Gmail)
Simple + Smart – Featuring:
Process: Differentiator ACE
Classification of Hundreds of Docs
• Several States
Extraction for Most Critical Docs• HUD-1 (1600 Fields extracted)• TIL• GFE
Tested with Millions of Closing Packages
• Collection of data from origination to post close
• Tracked by Zia OneView ™
• Delivery to Reporting / BI Systems
Actionable Analytics:Zia OneView ™
Demo
• Applicant portal for supporting documents
• Directly assigned to borrowers “case”
• Capture within case/repository
• Cost savings AND improved customer satisfaction
Case Study #1Leading Global Mortgage Bank
Facts & Figures
• 250+ Document Types• Appraisal, Income,….
• 1.3 million pages / month
Case Study #2Mortgage Insurance
The future of content management is
hybrid
“What differentiates Alfresco is that it has the full ECM functions that companies rely upon for high-value documents and processes, plus a cloud element that is fast to deploy.”
Alan Pelz-Sharpe, 451 ResearchResearch Director, Content Management & Collaboration
the people want
mobileBy 2015, 60% of information
workers will interact with content via mobile devices.Gartner
Enterprise Mobility Solutions
• Mobile Capture
• Secure Mobile Content Management
• Mobile Content Applications
• Mobile Business Solutions
Introducing…Alfresco Mobile Workdesk
• Secure Mobile Case Management
• Native App for IOS Devices
• “App/Server” Approach
• Business role concept
Conclusion: Why Zia? The Business Results
ROI This Year • 50% Efficiency• Projects kicked started and tracked in a timely way
Future Proof• Simple, Effective and Smart• Upgrade when you want and need to, not when
forced to• Reuse existing investments and still gain
efficiencies
Simple + Smart• Project needs met without sacrificing ease• Tools that Work Like People Do
• Scan, Email, Fax, Easy Search
Conclusion: Why Zia?
• Partnerships– Zia & Alfresco– Zia & Ephesoft
Questions?
Mike MahonCEO and Co-Founder
Jon SoloveSolution Engineer