Posidex meaning in banking. PropEx is a solution designed to tackle the complexities of immovable asset verification. Today, we’re sharing how Posidex helped the largest bank in India scrutinize customer delinquency and establish creditworthiness in real time. It is not about having more data. From understanding the pulse of the markets to keeping up with the disruptive trends every day, financial sectors should also be equipped to handle huge amounts of customer data to enhance real time transactional experiences and maintain deeper customer relationships in a competitive digital space. By uniquely identifying properties, PropEx gives you 100% certainty that the asset you’re financing is not previously mortgaged. It assigns unique IDs to each property, effectively eliminating the risk of re-mortgaging and financial losses. Posidex was born out of a vision to simplify the chaos of customer data. Jun 1, 2009 · Posidex dedupe match logic and Rs 450 million PA with an assumption of 10% increase in approval and decline rates. The bank saved millions of rupees annually with our advanced deduplication system by increasing match accuracy from 1-2 matches per application to 1-10 matches, identifying duplicates in 85% of applications. Posidex serves sectors such as banking, financial services, insurance, government, telecom, retail, and stock market. gagn uch coc jcmqcwz dtv ehsbbo hlhsc gogh hjcyotsn eypir