Creating Credit Enhancement Target State for a Leading Mortgage Firm
Our client is a leading provider of secondary mortgage in the US and wanted to build a scalable state-of-the-art platform to expand the risk sharing/transfer opportunities. Another requirement was to introduce a flexible interface within the legacy systems and automation of many manual processes.
Key challenges faced by the client:
Inability to introduce risk-sharing products to the market faster
Inflexible, non-scalable and manual-intensive system
Multiple constraints to create new revenue streams
Hexaware created a Credit Enhancement Target State with following features to help the client achieve its transformation goals:
Fully automated advanced technology stack with no constraints