Paradatec

About Paradatec

Paradatec is trusted by top 10 lenders, servicers and service providers for intelligent document and data processing automation at enterprise scale - including document classification, versioning, data extraction, PII redaction, eTagging, and data evaluation. Paradatec’s AI-Cloud platform uses proprietary OCR and deterministic AI technology powered by pre-trained libraries and advanced AI models curated for real estate finance, to deliver results that are explainable, transparent and auditable. Clients can modify and add business rules in Paradatec’s Analytics engine for data evaluation to support automated system decisioning and data-driven strategies. 

Interacting with multiple LOS, document management systems, servicing platforms, and data warehouses, Paradatec supports high volume use with multi-queue architecture, workflow-specific configurations, business SLA management tools, and result distribution to multiple systems such as systems of record and data warehouses. Paradatec’s commitment to customer satisfaction is embodied in its robust system reporting used by clients to track their quantifiable ROI. As a privately owned company, Paradatec has remained at the forefront of mortgage technology innovation through its ability to focus exclusively on customer needs to shape product development.