In addition to the detailed examination of all persons involved in a transaction, the property serving as collateral must usually also be subjected to an assessment in the case of sales and wholesale finance. Careful calculation of the loss in value, residual value and repurchase value is just as important as checking the existence and condition of the property as part of so-called floor checks. It is also important to clearly identify the ownership structure of the financed or leased property before approving the contract and to avoid multiple or cross-financing.
Using extensive external property databases, the solution enables the early identification of properties with multiple financing.
Individual check or check in bulk
Flexible, event-related individual checks as part of the application process or automated check of the entire or partial portfolio against blacklists.
Targeted search
Object check based on serial/identification number and, if applicable, manufacturer, model and type.
Results list
Automatically generated hit list for manual or automated processing.
Integrated processing
Convenient processing of the hit list including verification, upload of documents and automatic dispatch of messages.
Reduction of costs by avoiding fraud cases and manual checking activities by the financial service provider's clerks.
The solution can be easily integrated into existing systems or processes via defined interfaces with or without a reference interface.