RELIE

The first responsible lending solution
Write loans faster and with less risk

Webinars

We are really excited to announce the imminent release of the RELIE Responsible Lending platform.

As we are all aware living expenses on mortgage applications has become a key area of focus for regulators.

With this in mind, Opica Group is excited to introduce RELIE to the market, to assist participants in understanding a client’s ability to service a loan.

We would now like to offer you the chance to participate in one of the launch webinars we will be running over the next few weeks.

Date

Time (AEST)

Schedule

Mon, May 14 2018

10:00AM - 11:00AM

Register

Wed, May 16 2018

03:00PM - 04:00PM

Register

Fri, May 18 2018

10:00AM - 11:00AM

Register

Mon, May 21 2018

03:00PM - 04:00PM

Register

Thu, May 24 2018

10:00AM - 11:00AM

Register

Save Time

Let us find all the issues in the transaction data for you

Get 12 months of transaction data instantly

Automatically determine their Mandatory vs Discretionary Expenditure

Highlight areas of concern such as:

  • Undisclosed debts
  • Changes in high risk expenditure such as gambling
  • Life event changes such as pending child-birth

And no need to get manual statements from clients!

Why RelieCheck?

Effortless Data Capture

1
  • A RelieCheck provides everything you need to know about your customer at the click of a button

  • We automatically analyse your customers data over a 365 day period in seconds

More data partners than anyone else

2
  • We connect to more data partners to provide you access to over 150 institutions

  • No more tedious paper statements to manually trawl through

Better Quality transactions

3
  • Our advanced AI Insights and Analytics gives you improved clarity over a customer’s financial position

  • Only lend to those that can prove their ability to meet your Responsible Lending requirements

Integration at the drop of a hat

4
  • Integrate the RelieCheck process into your CRM system for uninterrupted workflow processes

  • Create a seamless process for your customers to enhance their application experience

Advanced pattern matching

5
  • Every transaction is individually unique in nature, so let us analyse them all and tell you which ones are interrelated by identifying the key attributes in each transaction.

  • We do what people simply cannot when you look at a bank statement.

  • We constantly adapt our pattern matching through advanced machine learning to constantly provide you with up to date real world data knowledge.

Reduce Fraud

6
  • Use our Insights to identify questionable transaction practices, undisclosed financial commitments and high risk spending

  • Guaranteed to help you find and eliminate fraud in the application process to ensure you only lend to genuine applicants

How can Relie work for you?

Step #1
Create a new Applicantion

Add the Application Details

This step can be skipped if you integrate RELIE into your CRM

Step #2
Add Applicant(s)

An Application can have any number of Applicants.

Step #3
Add Institutions/Bank Accounts

Select from over 140 Institutions

The client enters their login credentials

in 60-90 seconds RELIE returns a list of all the amounts

Step #4
Performing an Assessment

12 Months of Transactions, all categorised for you

Quickly verify all Income

RELIE highlights the areas of concern from scanning the transactions

  • Undisclosed Debts

  • Spikes in Gambling

  • Life Events - Pregnancy

Calculates Mandatory Expenditure for you

Step #5
Assessment Summary

Summaried Report of all expenses

highlights surplus income

Step #6
Report

Detailed report of all transactions analysed

Records all changes made during the assessment

What does it cost?

  • User set-up fee $20
  • Relie-check cost is $15* per Applicant

* Discounts apply for Enterprise licencing

Sherlock™
The ONLY true responsible lending tool in the market

Australia’s first Responsible Lending Engine

To find out more, please express your interest in the below form and our Industry Leaders will give you early access to the future

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