xtract.io
Automated Data Aggregation Solution for Fintech
Pages
2
Time to read
3 mins
Publication
Language
English
Pages
2
Time to read
3 mins
Publication
Language
English
This case study details a customized data aggregation solution designed for a US-based fintech company facing challenges in efficiently collecting and managing mortgage data from various online sources. The client sought to enhance their credibility and optimize interest rates through real-time data integration. The solution involved the deployment of site-specific custom bots capable of fetching mortgage data from bank and government portals, achieving an impressive rate of 30,000 input records per hour. The extracted data was processed for deduplication and monitored through automated progress reports. The integration of an API facilitated seamless communication between the user’s browser and the server. Results indicated a data accuracy exceeding 95%, leading to improved decision-making speed and a 75% reduction in resource spending within two months. The automated approach not only streamlined data flow but also enabled the client to identify market trends effectively, reducing the risk of poor loans and fraudulent transactions.