Consumer/Retail Loan Origination Software
Revitalize your retail loan origination process by implementing a flexible and responsive consumer lending application, built on our digital transformation platform. Enable digital experience, automated underwriting, instant decisioning, and efficient exception management. Ensure a straight-through, simplified loan disbursement for allproducts, including credit cards and personal loans, without any manual intervention. Leverage digital collaboration for high-touch loans—HELOC, home equity loans, etc.—for a faster turnaround time. Utilize real-time dasboards for tracking processes, pipelines, and productivity.
Digitized Lending Processes
- Transformed consumer loan origination with end-to-end automation of loan requests, underwriting, approval, closing, and booking processes in a paperless environment
- Straight-through processing for quicker loan approval and disbursements
- Support for no-touch, low-touch, and high-touch loans processing
Multi-channel Loan Application
- Omnichannel and multi-device initiation of loan applications
- Intuitive self-service customer portals and real-time status tracking
- Auto-underwriting and online approvals/soft-approvals
- Identity verification/authentication and fraud management through third-party integrations
- IP-based/device-based filters for applications
Intelligent Underwriting and Configurable Rules
- Intelligent underwriting and credit analysis processes driven by business rules and scoring models
- Rules engine for business owners to apply the required policies and exception rules
- Customer and product-specific data capture through configurable templates
Audit and Reporting
- Comprehensive auditing capabilities for increased compliance with dynamic regulatory requirements
- Real-time reports with process insights for continuous process improvements
- Drilled-down monitoring of productivity, pipeline, and service levels
Integration with Third-party Systems
- Real-time integration with core banking and online banking for seamless lending experience
- Third-party integration with rating applications, credit bureau systems, and more
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