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Lykken on Lending

Lykken on Lending

A Weekly Podcast by Mortgage Professionals

3-18-19 Hot Topic – A Look at Transitioning to Artificial Intelligence

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In this expanded episode, we have Ari Gross, CEO of Softworks AI here talking about Artificial Intelligence as it applies to the Mortgage Industry.

Ari Gross Softworks AIThe interview between David Lykken and Ari Gross begins with a perspective from Ari on where Artificial Intelligence started, how it’s developed, and how it can be applicable to mortgage lenders and bankers in order to bring a great ROI.

SoftWorks AI is dedicated to helping businesses enhance operational efficiency by providing state-of-the-art computer vision and automation solutions.

Dr. Ari Gross has been very active in the research and development of new methods and technology in the areas of computer vision, imaging, artificial intelligence, machine learning, and real-time computing for the past 20 years.

His achievements include over 40 published papers and several patents in areas related to imaging, machine learning, and document automation.  Dr. Gross has managed his previous company from its initial focus on image compression and OCR to its shift over the last three years towards business process automation.

After a successful exit, Dr. Gross launched SoftWorks AI to address the needs of the explosive Knowledge Worker Automation market. Dr. Gross, Ph.D., received a BS degree in Mathematics from Johns Hopkins University and a Ph.D. in Computer Science from Columbia University.

Excerpts from this Interview:

Listen: What AI is and what it is not…
Listen: Understanding the cost of compliance has doubled in the last 4 years to above $8000…
Listen: Using AI to reduce origination costs…
Listen: Breaking a complex process into stages and finding a WIN in a smaller stage that proves the ROI supports the solution…
Listen: A case study of a company who started using AI in the lending space…
Listen: Example of using AI to get a ROI of your money in 12 months…
Listen: In the future you’ll have to employ AI if you want to stay competitive…

Filed Under: Hot Topic Tagged With: AI, Alice Alvey, Allen Pollack, Andy Schell, Ari Gross, Artificial Intelligence, black knight, broker to banker, David Lykken, Finastra, Joe Farr, Les Parker, Lykken on Lending, Open Mortgage, Rob VanRaaphorst, Softworks AI, transformational mortgage solutions

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