Challenge

Functional requirements (blueprint) for the new valuation and monitoring tool - a web service connecting different data sources for iterative automated valuation process of pledged assets and output of valuation results in digital format.

Solution

We conducted an analysis of the bank’s large-scale multi-purpose enterprise solutions and new software that the bank considered to acquire for the purpose of valuation and risk assessment connected with commercial real estate financing; we prepared a functional platform architecture design (integration context included software as Realxdata, SAP, IBM BPM, HypCloud, Assetti).

Result

Cost saving factor (x2 reduction in relevant KPIs) and increase of potential revenue up to €30M per year.

“Digital transformation relies on collaboration with proptech companies. We expand our strategic partnerships to improve data quality and automate valuation process.”
Florian Pollmann
Head of Valuation and Research, Aareal Bank AG
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