Truework announced the creation of Truework Intelligence, an automated verification platform for mortgage lenders and property managers.
The platform covers the end-to-end verification experience by delivering automatic orchestration, data standardization and insights.
“We started Truework to reinvent the way consumer data was collected and processed for maximum security and accuracy,” Truework CEO and co-founder, Ryan Sandler explained. “From the early days, machine learning was a core part of our product. It has continued to evolve over time, both through internal modeling efforts and the latest external technologies. The Intelligence platform is the result of this evolution to truly serve as a single solution for customers.”
New product features rolling out include:
- The addition of bank income and tax transcripts to its existing data methods (instant database, payroll connection, automated outreach and documents) to extend coverage to any U.S. employee. Truework automatically engages with one or multiple methods simultaneously and identifies the optimal method until the request is complete.
- Predictive modeling for report turnaround times and likelihood of report completion to provide further transparency and deeper insights into the verification process. This is in addition to existing machine learning models that match data points across real-world entities, extract and parse data for accuracy and estimate the accuracy of income according to employment details.
- Strategic integrations to bring Truework to wherever teams work.The platform is built with the flexibility to bring verifications to anywhere in an organization's existing processes, either through custom configurations, custom-built integrations, or system integrations.