#document-automation

#document-automation

DocMagic One is a unified mortgage production platform that streamlines document preparation, automated compliance, and eSignature management in one place. Powered by AI and machine learning, it enhances seamless collaboration between lenders, notaries, settlement providers, and borrowersdelivering faster, more accurate workflows with advanced pipeline analytics and business intelligence capabilities. All-in-One Platform You don't need multiple vendors or systems. DocMagic One unifies every stage of loan production in one place.

Yet risk management teams are still expected to work with processes and tools designed for a more leisurely age-manual reviews of hundred-page documents, hand-typed case narratives and memos, and compliance processes that chase regulations one change at a time. Generative AI (gen AI) offers a different path, changing how risk teams work. Instead of spending hours manually combing through documents, teams can receive clear, decision-ready summaries in minutes. While technology does not replace professional judgment, it accelerates the groundwork, allowing experts to concentrate on assessing exposures and taking action before risks escalate.

Most of your data in an organization is actually in the form of this unstructured data - 90% plus of most organizations - it's data in an unstructured form, but it contains an awful lot of very useful structured data as well," said Kus.