Overview
What is Polly/Product & Pricing Engine?
Polly's Product & Pricing Engine (PPE) is a tool designed to transform product and pricing in the mortgage industry. According to the vendor, it caters to banks, credit unions, and lenders of all sizes nationwide, providing a solution for mortgage lenders, loan officers, secondary marketing teams, capital...
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Product Details
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- Tech Details
What is Polly/Product & Pricing Engine?
Polly's Product & Pricing Engine (PPE) is a tool designed to transform product and pricing in the mortgage industry. According to the vendor, it caters to banks, credit unions, and lenders of all sizes nationwide, providing a solution for mortgage lenders, loan officers, secondary marketing teams, capital market teams, and mortgage operations professionals.
Key Features
Rule Configuration: According to the vendor, the platform offers native and sophisticated logic management tools that eliminate the need for complex hierarchies, potentially improving operational efficiency by allowing users to configure rules without cumbersome tree- or folder-type structures.
Version Control: The vendor claims that users can easily access and retrieve historical versions of rules, enabling them to review, reactivate, or price on any old version with ease.
Historical Data: According to the vendor, the platform offers re-price automation and worst-case pricing analysis, empowering users to run scenarios against prior days' pricing and configuration, leveraging historical data to make informed pricing decisions.
Best Execution: The vendor states that users can run multiple loan types simultaneously for completely customizable, blended best execution, thanks to the platform's support for flexible best execution strategies.
Mobile UI: The vendor claims that users can access accurate pricing and robust PPE functionality on the go, from any device, enabling them to run scenarios and perform pricing tasks from anywhere.
No-Code Deploy: According to the vendor, users can configure and test new products, pricing, and rules without coding, reducing reliance on external resources and enabling them to set and test new configurations within the app itself.
Price Accurately with Confidence: The vendor asserts that the platform's intuitive logic management tools create operational transparency and streamline workflows, while the native test and audit capabilities enable users to test and interact with PPE updates in advance, ensuring accurate pricing with confidence.
Dynamic, Highly Configurable Margin Management: According to the vendor, the platform allows for the creation of custom margin management rules with infinite dimensions, offering unmatched granularity by investor, channel, branch, broker, product, loan type, loan term, and loan-level parameters.
Investor and HFA Support: The vendor claims that Polly's PPE includes a wide variety of mortgage loan product types from leading industry investors, supporting Conforming, Construction, Government, Housing Finance Authority (HFA), Non-conforming, Non-QM, Portfolio products, and more.
Custom Parameters: The vendor states that the platform allows for streamlined configuration of any custom parameter, allowing for unlimited flexibility and scalability, with the ability to easily map standard and custom fields directly into any LOS, reducing manual workload.
Polly/Product & Pricing Engine Technical Details
Operating Systems | Unspecified |
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Mobile Application | No |