As chief technology officer at radius, David O’Connor boasts several attributions to the company’s success. Some of O’Connor’s accomplishments include his work in automated document classification and indexing. His work allows consumers to upload required documents to the company’s application portal.
O’Connor also automated document data extraction through artificial intelligence and machine learning. During the classification process as the documents are being read they will extract certain data points and return those data values to radius’ LOS, where its staff can compare data on the 1003 with supporting documents much quicker.
O’Connor works closely with the finance team to extract detailed costs associated with the loan process. With loan level detail, radius plans to incorporate time spent working on the loan per staff member, factoring in their role and cost of their time. The result will provide insight to the exact cost of each loan, allowing the company to make decisions on pricing based on higher cost loan products.
“Some of O’Connor’s accomplishments include his work in automated document classification and indexing.”