API solution for efficient house price assessment and automated customer service

Jyske Bank wanted to improve their “Best Loans” app by integrating accurate and fast house price assessments based on public property data from BBR. A significant challenge was that BBR data is highly defragmented and complex to work with. The data material required advanced cleanup, error handling, and scenario analysis to ensure errors were identified and addressed. In addition, the solution had to handle large amounts of data and ensure fast response times without compromising stability and scalability.

In close cooperation with Jyske Bank's app developers, Coignite provided a developer-friendly and flexible API that was easy to integrate into the “Best Loan” app. The solution was designed to combine sophisticated algorithms, advanced data analysis and a fast and stable service that met both technical and user requirements.

• Advanced Algorithms and Data Analysis: The API uses advanced algorithms to process and analyze housing data. Through sampling and intelligent data management, the most relevant data points are identified, resulting in accurate house price assessments.
• Efficient cleaning and error handling: Data from BBR was rigorously cleaned and validated to eliminate fragmentation and deal with failure scenarios. This ensures that only correct and valid data are used in the calculations.
• Scalable and robust infrastructure: The solution is designed to handle large volumes of queries and can be seamlessly scaled to accommodate an increasing user base.
• Caching and optimized response time: To reduce the load on the system and optimize response times, an advanced caching mechanism has been implemented, ensuring a seamless user experience.
• Proactive error monitoring: Directus CMS was integrated as a tool to aggregate and structure failure scenarios. This allowed complex data contexts to be visualized in a manageable way and thus quickly identify and solve potential problems.

With Coignite's solution, Jyske Bank's “Best Låne” app has been strengthened with accurate and reliable house price assessments. Users now experience fast response times and improved functionality, while Jyske Bank has gained a robust technical platform designed to grow with their needs.