ORANGE, CA—NextAce has released NeXtraction, an adaptable data-capture engine and related workflow that instantly turns document images into actionable data and information. The technology effectively gives access to data from recorded documents, loan-origination packages and other documents of any length and at remarkable speeds and is being billed as a major advance in document extraction for the mortgage, real estate and title-insurance markets.

The automated functionality of NeXtraction allows customers to index, extract, catalog, understand and deliver information intelligently from structured, semi-structured or unstructured documents, while also replacing or reducing costly and time-consuming manual or offshore keying initiatives in place today, according to the firm.

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