MapmyIndia Mappls, ClarityX Launch Geo-FI To Bring Location Intelligence Into Lending
MapmyIndia Mappls, the digital maps and deep-tech company of C.E. Info Systems Ltd, has partnered with AI-driven data analytics company ClarityX to launch Geo-FI, a platform that uses location and geospatial data to help banks and financial institutions make lending decisions.
The companies said Geo-FI is designed to add location intelligence to the existing lending technology used by financial institutions, covering areas such as market expansion, loan underwriting and collections.
Instead of replacing existing lending systems, the platform is designed to work with Loan Origination Systems (LOS), Loan Management Systems (LMS), Customer Relationship Management (CRM) and collections platforms. It can be integrated through APIs, spatial visualisation tools and Software Development Kits (SDKs), with deployment available through on-premise, hybrid or cloud environments.
How Geo-FI Works
Geo-FI has three main components covering different stages of lending.
Geo-Analyse is designed to help lenders identify potential markets. It combines lender data with geocoding, address...
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