Prelios partners with Mia-Platform in accelerating the delivery of new digital property valuation services
Customers of both Mia-Platform and its specialist digital financial services arm, Mia-FinTech, will now have access to Prelios Group’s data analytics tools for valuations of real estate assets and guarantees.
The partnership will also incorporate Prelios’ wider services onto the Mia-Platform marketplace, including solutions for asset management, credit servicing and integrated real estate services. The Mia-Platform marketplace provides a catalogue of ready-to-use, reusable and modular software components for businesses to build new digital services and applications, and this partnership extends its capabilities further in the FinTech and PropTech sectors.
Customers of both Mia-Platform and its specialist digital financial services arm, Mia-FinTech, will now have access to Prelios Group’s data analytics tools for valuations of real estate assets and guarantees. These services support the entire credit process for both performing and impaired loans, allowing individual real-estate units to be valued as entire portfolios through a statistical approach. It also performs an accurate analysis of the territory in which real estate units under examination are located, returning their value.
Mauro Cavagna, Chief Technology & Processes Officer of the Prelios Group and CEO of Prelios Valuations, said: “The collaboration with Mia-Platform and Mia-FinTech represents for Prelios a first contribution to the creation of a cloud platform of services for financial institutions, which we think can lead to a significant transformation in the way service providers and client companies work together.”
CEO of Mia-FinTech, Bruno Natoli, said: “Thanks to our complementary skills and synergetic approach, Prelios and Mia-FinTech are ready to develop solutions that optimise performance, mitigate risk and generate sustainable long-term value for our clients. By combining our market knowledge and advanced technological solutions, we can create a smooth and simple user experience that allows clients to create new digital services and products quickly and efficiently.”
As of 2022, the UK has an estimated £11 trillion worth of assets under management, with 37% of all European assets managed within the British Isles. The partnership agreement will see Mia-Platform and Prelios develop a range of services to aid digital transformation within the sector.
Cavagna finished: “Working with Mia-Platform has already brought us some new benefits. We have been able to redesign the way we deliver our services, introducing more self-service capabilities and strengthening the entire development and operations process.
We’ll be taking this approach forward as we continue to enhance our customer journey. We’re looking forward to more collaboration with Mia-Platform.”