If you're looking for a Conductiv alternative, MeridianLink is a digital lending platform that can help financial institutions streamline lending processes. It offers a range of customizable tools, including a Loan Origination System, Mortgage LOS and Data & Reporting for data-driven lending decisions. The platform accommodates a wide range of financial products and can integrate with third-party partners through its Marketplace, making it a good option for institutions looking to expand their market share and reduce operational costs.
Another option is Ocrolus, a Document AI platform that uses artificial intelligence to automatically analyze financial documents with high accuracy. It uses machine learning to classify, extract and detect tampering in documents, so lenders can assess risk and prevent fraud. Ocrolus can extract data from a variety of documents, including bank statements and paystubs, and offers detailed insights into cash flow and income, so it's a good option for consumer lending and small business lending.
For financial data analysis and SME lending, Perfios is a powerful option that uses artificial intelligence and machine learning to extract, categorize and analyze financial data. The platform can handle real-time analysis, document authenticity checks and fraud detection, making it a good option for financial institutions that want to make more informed, data-driven decisions.