MQube has updated the onboarding process of its Origo platform through its new ‘policy as code’ tool.
The policy as code tool will use large language models to automate the policy analysis and configuration process, reducing onboarding time from months to a few days.
To mark the launch of this new tool, MQube has launched a handbook that addresses the challenges lenders face in onboarding new technologies and how AI can be used to enable lenders to adopt new technologies seamlessly.
MQube chief executive Stuart Cheetham said: “Historically, lenders have struggled to adopt new technology due to outdated systems and legacy infrastructure that are incompatible with modern technology. Replacing or integrating with newer AI-driven systems can be complex, risky and expensive for regulated lenders.”
“We are making our mortgage origination technology easier to use, less time-consuming and costly. Onboarding new software should not be a pain point for lenders, but instead should be done quickly and seamlessly. The launch of this new tool will enable our lenders to do just that.”