Faster, smarter assessments for your broker channel.
Our flagship product, BankStatements, provides a lightning fast, frictionless web-based solution for the retrieval of bank statement data. BrokerFlow takes this technology a step further by enabling you to retrieve bank statements and data, previously collected by brokers, directly from illion Open Data Solutions. These statements will be delivered in your format, with your categorisation and Decision Metrics, streamlining assessment processes for you and your broker channel.
How it works:
- Broker retrieves statements or data from customer A Document ID is added to statements
- Broker submits credit application and statement Document ID to Lender
- Lender requests statements from illion Open Data Solutions via API using Doc ID Lender receives original statements or data in their format
Benefits of BrokerFlow
- Faster Approvals
Receive statements with your own categorisation and Decision Metrics, replacing slow manual assessment processes.
- Fraud Mitigation
Statements and data received from BrokerFlow come directly from the bank and are not editable by the customer or broker.
In addition to the PDF statements, you’ll receive JSON/XML formats to use in your back-end systems to streamline decisioning processes.