“In the wake of the success of the Premium and BlinkS initiatives in the fields of, respectively, property risk analysis management and digital trading of non-performing loans, Prelios recently launched a permanent innovation program,” says Prelios Group Chief Technology & Processes Officer Mauro Cavagna in the November 18 issue of the Milano Finanza Digital Money magazine.
“This is an ambitious project, set up to implement the best innovative ideas,” adds Cavagna. “It aims not only to pursue new internal stimuli, but also to be receptive to external Fintech and Proptech stimuli as well as to developments in the academic world, research centers, and to promote on-going debate with the technology giants.”
The strategic vision of the Prelios Group – the leading player in distressed loan management, alternative asset management and real estate services – is closely focused on introducing innovative solutions into its business model in order to provide clients with value-added services.
The ideas it identifies will be based on five innovation enablers: Data & Analytics, Intelligent Automation, Digital Channels, Smart Buildings and Agile Collaboration. Use of cutting-edge data management tools will make it possible to deploy the huge volume of data collected by Prelios over the last twenty years – already enhanced today with external sources – to build services and products thanks to the development of Advanced Analytics models applied to credit and real estate asset management. Meanwhile, the BlinkS digital trading platform for non-performing loans developed by the Prelios Group gives banks, investors and servicers access to a transparent, liquid and efficient market and has won plaudits from the EU Commission, the ECB and the EBA.
Click here for the full article in Milano Finanza Digital Money.