PowerCore Due Diligence
ABT’s PowerCore Due Diligence (PDD) system is a web-based loan validation application that is scalable, flexible and portable. Developed by industry-leading specialists, this expert system provides high levels of process, workflow and business rules intelligence to the loan analysis and underwriting activity.
- 7 Years In Development
- 2nd Generation
- Originally Written for major Wall Street Investment Banking and Securitization Firm
Flexible
PDD is designed to support multiple due diligence inventory and compliance processes and provides highly configurable role-based security, business logic and workflow rules. The entire system is workflow and process oriented, providing an unparalleled ability to create the exact due diligence process needed at any time.
Integrated
PDD integrates with third-party providers to collect and store data on compliance, AVM and fraud. By integrating with industry-leading providers, PDD users gain immediate access to data and analysis that is collected and stored within PDD. By collecting data within PDD, reporting and accessibility is greatly improved. Contact us for a complete list of current integrations.
Effective Access
PDD is web-based and accessible from anywhere. This gives you the ability to locate your auditors and underwriters where it is most effective – which is not necessarily on-site.
Web access also creates an effective way to view real-time progress of any audit or underwriting activities including reporting.
Scratch and Dent Due Diligence
PDD was initially written as a scratch and dent due diligence system. Expert design and development has created a system that effectively interprets seasoned performing and non-performing loans. This analysis provides crucial and high-quality forecast information that is vital for informed purchasing decisions.
Process and workflow for a Scratch and Dent due diligence is flexible and can incorporate a range of areas of interest.
- Tape Data to Paper comparison
- Compliance review
Reporting
PDD provides a range of reporting abilities including summaries of loan findings, validation reports and recommend reports. PDD utilizes Access Business Technologies ClearView reporting platform, providing robust and dynamic reporting capabilities.
