AdvaRisk partners with financial Institutions to discover, onboard, conduct legal due diligence and monitor real estate collaterals across their credit portfolios. AdvaRisk is transforming the way credit is extended, monitored & recovered through an automated decision support system powered by proprietary algorithms & 1000+ data sources.
Financial institutions struggle with collateral risk assessment, fraud detection, and loan recovery due to manual and inefficient processes as well as the opaque nature of the real estate industry. Limited due diligence on property titles, encumbrances, and ownership history exposes lenders to additional credit risk and rising NPAs. The lack of real-time monitoring and predictive early warning systems further exacerbates the risks.
The collateral risk management and fraud detection market remains largely untapped, with India alone facing $100B+ in stressed assets. AdvaRisk has been quick to hit the market with its solutions seeking interest from leading institutions in the country. Its proprietary real-time risk intelligence, forensic analytics and India’s largest title database reduce fraud and NPAs. These inhouse algorithms and databank provide it with an unassailable MOAT. The team is led by industry veterans in financial risk and data analysis who understand the market dynamics and key challenges. With a scalable SaaS model, it is well-positioned to capitalize on the rising demand for data-driven lending risk solutions, benefiting banks and NBFCs globally.