Eigen Technologies
Eigen gives you a faster, safer way to turn loan documents into data with AI.
About this app
Eigen automates the extraction of over 100 datapoints from commercial loan agreements. Once extracted, upload the data into LoanIQ via the BUILD API, driving operational efficiencies and more robust compliance and risk management.
Eigen's no-code intelligent automation platform can help at many points along the loan lifecycle, including:
- Loan origination: extract all desired loan data elements for import into LoanIQ (LMA, LSTA and bi-lateral loans)
- Loan servicing: process loan or agent notices and borrower drawdown requests
- Loan monitoring: process borrower compliance certificates and borrower annual reports for automated borrower compliance with financial/negative covenants
- Loan offboarding: generate buy-side requested data tapes for offboarding and/or securitization into ABS SPVs, typically inclusive of amendment rollups
Leverage Pre-Trained Models Built for Loan Documents
Eigen's pre-trained models (PTMs) extract +100 data fields covering everything from covenant ratios to transfer provisions. Need something else? You can easily build custom models to extract any data from non-LMA or LSTA bilateral loan documents.
Pair Correlated Answers
Eigen is intelligent enough to identify a correlations across extracted answers in order to accurately extract data points like facility maturity dates.
Map Amendments
Eigen can group related documents into a family and establish relationships between them to roll up answers between parent documents and those associated underneath them, like amendments.
Building blocks
Loan IQ Build Module
Quickly and easily onboard a variety of loans, from simple high-volume SME/bi-laterals through to complex syndications with our Loan IQ Build module
