Ex-UBS Executive Alan Mele Takes COO Role at AI1 Technologies

"Alan brings the rare combination of debt capital markets experience, risk management judgment, and institutional relationships that ai1 needs as we move ScoreAI deeper into the MBS and secondary mortgage markets," said Philip Wallace, chief executive officer of AI1 Technologies.

Mele's appointment comes as AI1 advances a broader strategy that connects origination intelligence, enhanced loan-tape formation, post-funding loan-status monitoring, MBS repayment analytics, and an upcoming marketplace for lender and investor matching. The company believes this closed-loop architecture can improve pool selection, post-purchase surveillance, and secondary-market execution by turning static loan tapes into monitored behavior-scored assets.

ScoreAI addresses specific risks including default drift, early prepayment, refinance runoff, irregular payment behavior, extension and stickiness, fraud or anomaly signals, and tape-quality risk. By scoring loan-level behavior, the system aims to give MBS participants a forward-looking view of where losses or prepayments may concentrate.

Wallace said Mele's experience in debt capital markets and risk management will help accelerate growth of the ScoreAI customer base and the broader AI lending marketplace strategy.