SoftWorks AI

2021 HW Tech100

Helps firms across the mortgage lifecycle streamline their process workflows and achieve near touchless automation

SoftWorks AI-2021 Tech100 winners-mortgage

SoftWorks AI helps firms across the mortgage lifecycle streamline their process workflows and achieve near touchless automation with the most accurate, structured data available. SoftWorks leverages decades of computer vision and AI expertise to deliver the most accurate data available. The company’s solutions are helping firms eliminate many time consuming tasks so they can focus their efforts on quicker decisioning, increased productivity, superior data quality, and reduced mortgage cycle times, substantially improving the client experience.

  • Over 300% growth in the last 12 months
  • Increased underwriter productivity by 125% for a mortgage insurance firm client
  • Improved automated classification accuracy of critical documents to 99.7% for a top 10 bank
  • Reduced manual review of documents by 90% for a global mortgage BPO firm

Company Website:

http://www.softworksai.com

Markets Served:

Loan Origination, Servicing, Secondary

Company HQ:

Forest Hills, NY

3d rendering of a row of luxury townhouses along a street

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