Introducing Automated Valuation Model (AVM).
Ask Wire’s Automated Valuation Model (AVM) is a compliance-ready solution that provides accurate valuations for real estate portfolios. Our AVM is in compliance with European Banking Authority (EBA) regulations and can be used by financial institutions to revalue their portfolios, assess collaterals for new lending, and make informed decisions about real estate investments.
Here are some of the key features of Ask Wire’s Automated Valuation Model (AVM):
Comprehensive data analysis
Our AVM uses a variety of data sources to provide accurate valuations, including transaction data, market trends, and property-specific details.
Customizable reports
Our AVM provides customizable reports that can be tailored to your specific requirements. You can choose from a range of metrics, filters, and visualizations to get the information you need in the format you want.
Compliance with EBA regulations
Our AVM is fully compliant with EBA regulations, ensuring that it can be used by financial institutions for regulatory purposes.
User-friendly interface
Our AVM is easy to use, with a user-friendly interface that enables you to quickly access the information you need.
Customization options:
Ask Wire’s Automated Valuation Model (AVM) is fully customizable, allowing you to tailor it to your specific needs. Our team can work with you to develop custom reports, metrics, and visualizations based on your specific requirements.
A systemic bank uses Ask Wire’s AVM to revalue its real estate portfolio.
By using our AVM, they are able to comply with regulatory requirements and assess the risks associated with their real estate investments.
Thanks to the insights provided by Ask Wire’s AVM, the bank was able to identify potential issues with their portfolio and take corrective action before any regulatory violations occurred.
They also used the AVM to assess collaterals for new lending, enabling them to make informed decisions about the risks associated with their loans.