Challenge
A risk you can’t afford
Bad data affects financing and mortgaging. When you’re not very confident about the data, loans can backfire. Whether it’s a residential mortgage or a loan against property, a 100% guarantee that the asset hasn’t been previously mortgaged is critical.
Without robust verification that the same property is not used for different loans, your institution faces the risk of fraud. And it’s a risk you can’t afford.
Product Overview
Don’t rely guesswork when you can enjoy certainty
PropEx is a solution designed to tackle the complexities of immovable asset verification. By uniquely identifying properties, PropEx gives you 100% certainty that the asset you’re financing is not previously mortgaged.
It assigns unique IDs to each property, effectively eliminating the risk of re-mortgaging and financial losses. With PropEx, you can also assess the complete exposure of the builder and project.
Benefits
Swift and accurate verification that a collateral is lien-free, supporting quicker loan approvals
Assess and manage the exposure of builders, and projects to minimize risk
Avoid the risk of long-term losses by financing properties that have already been mortgaged
Resolve similar collaterals by different customers arising from name variations, data entry errors, and inconsistent data standards with fuzzy matching.
Where PropEx Helps
Banking
Uniquely identify and verify properties for risk-free loan approvals
Insurance
Determine the complete exposure of projects and builders to mitigate risks effectively
Mortgage with pinpoint accuracy
Immediate and precise results
Solving current challenges, shaping the future
Frequently asked questions
With over two decades of experience as a deep-tech enterprise, we provide future-ready, privacy-enhancing customer data solutions that meet GDPR, DPD & Data residency laws while empowering businesses with contextual and actionable customer insights in real-time.
Our proprietary mathematical algorithm uses VEARE (Vectorized, Encoded, Anonymized, Randomized, and Encrypted) tokens. These tokens keep customer data secure and private at all stages of processing and sharing.
Banking and financial services leverage the Posidex PrimeMDM suite for risk management, fraud reduction, regulatory compliance, comprehensive customer view, cost reduction and overall business growth.
Yes, we offer customized AI/ML-supported solutions for data quality & management, regulatory compliance, network analysis, entity resolution, and risk management.
Our solutions have intuitive UI which is highly configurable with existing systems and requires minimal training.
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