For more information, please contact the Peltarion System Solutions department:

Peltarion can be your appraiser of the fair market price for houses and condominiums as security for Mortgage loans.

Peltarion’s scoring solution has, in addition to higher accuracy than other systems in the market, several important features:

1. It can detect market trends and predict important changes before they occur.
2. It can include long and complex time dependencies.
3. It can easily adapt to local markets without the local market knowledge.

The Peltarion solution learns from historical customer data but it can also integrate expert knowledge rules in the decision process. Different types of pattern recognition and optimization can be applied. The solution adapts and validates continuously to truly represent the market conditions. The measurements of solution performance are very flexible and many different metrics can be applied including the common BASEL-2 methods.

The technique is based on modern non-linear adaptive systems which in an intelligent way find patterns in the data. Compared to the elder generation adaptive systems (like classical neural networks) the Peltarion solution has great technical advantages which imply improved profit margins and reduced risks for your organization.

It can predict changes in the market which can affect the loan application process and predict that the market is moving into a new stage with patterns not found in the historical data. A typical advantage with such a feature is to tell in advance when a positive market trend is changing into a negative trend.