Truework Rolls Out Automated Intelligence Platform
Income and employment verification company Truework rolled out a powerful new verification platform.
Truework Intelligence is the first fully automated and comprehensive verification platform for mortgage lenders, according to company leaders.
It offers an end-to-end, “plug-and-play” experience, delivering automatic orchestration, data standardizations, 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, said.
“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.”
Lenders can utilize bank income and tax transcripts, which have been added to Truework’s existing data methods (instant database, payroll connection, automated outreach, and documents). The platform automatically engages one or multiple methods to identify which one is optimal.
It also features predictive modeling for report turnaround times and likelihood of report completion.
The system is designed to be seamlessly integrated into an organization’s existing processes, through custom configurations, custom-built integrations, or system integrations.
Sandler noted that Truework’s power comes from presenting the right data, not every piece of data available.
“It’s not about returning the first data set we find. That’s what everyone else does. And it doesn’t work,” he commented.
“It makes organizations leverage subpar vendors to fill data gaps. We are looking at the bigger picture by providing an accurate and complete picture of every consumer, using technology to handle data with trust and attention to detail.”
Truework is a leading income and employment verification platform that works with some of the country’s largest lenders by origination volume.