25.02.2022

Interview with VIEWAPP co-founder Sergei Adaev in Banking Lending

The reputable magazine "Banking Lending" has published an interview with Sergei Adaev, co-founder of the start-up VIEWAPP, on the automation of collateral inspection using a smartphone app.

"Bank lending" is a methodological magazine whose focus audience is experts specifically in the field of bank lending, as well as related structures, for example, leasing organisations with similar processes and tasks. The main issues discussed concern the actual topics of credit legislation, and are also focused on the processes of loan structuring and innovative technologies, which facilitate the production process and increase its efficiency.

One of the most popular VIEWAPP applications is the inspection of bank collateral for various purposes: monitoring availability and condition, assessment, etc. At the moment VIEWAPP is in the global production phase and is applied not only by the TOP 100 banks but also by top 10 banks like Sber , Raiffeisenbank, ROSBANK etc.

The interview turned out to be very high quality, with a detailed discussion of the most important issues for banks, such as technical aspects of application security. How and exactly how to guarantee the authenticity of photos and videos uploaded and sent to the server - these are the first pain points, which are highlighted by decision makers when they decide to implement VIEWAPP innovative technology. Sergey Adaev provided great detail on these aspects and gave a comprehensive insight into not only the security design of VIEWAPP, but also described the challenges that lie ahead and the prospects for maximizing the efficiency of VIEWAPP. For example, a very important milestone is seen in the introduction of multi-inspection, that is, not single object inspections, but comprehensive multi-level inspections of many different types of objects.

The developers of VIEWAPP are also focusing on the use of neural networks to further automate all processes - a topic that has also received considerable attention in the interview, as further digitalization requires removing as much human involvement as possible from the multitude of processes, where instead a trained data set can be incorporated that eliminates errors through inattention or fatigue, such as during the damage assessment process.

VIEWAPP has gone from strength to strength and is becoming more and more flexible so that the lead time for this innovative remote viewing technology is kept extremely short - from 1 week to a maximum of 1 month.

Anna Shalobasova, an expert in small business collateral valuation, gave a talk on collateral inspection technology. Read the interview at http://futurebanking.ru/reglamentbank/article/7067.

The material will be extremely useful for those who are already looking at moving to automated secure remote inspections and are looking for a solution.