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Loan application review system for large business

A system that allows you to automate the process of considering a loan application by a bank, built in the form of a centralized repository of loan documents with limited access for employees of a financial institution

Functionality

  • Automation of the Time to Yes stage (decision-making) of the loan process – creation and filling out of loan application data, consideration by services and approval 
  • Flexible determination of the route of the business process based on the data of the loan application and the requested loan conditions 
  • Automation of the “Time to Money” stage (documenting the loan) of the credit process – universal approval and signing of a loan agreement, pledge agreements, sureties, including digital signature 
  • Subsystem for maintaining the current conditions of credit agreements, monitoring indicators, timing of collateral checks 
  • Aggregation and visualization of analytical reporting for clients, client groups, maintaining the “credit history” of borrowers 
  • Configuring the control function in the processes of servicing credit requests 
  • Formation of reports on the status of approval of certain documents and regular sending of such reports to managers 
  • Integration with other banking systems and services to organize the concept of a “single client” 
  • Flexible differentiation of access rights depending on the role and position of the employee, structural unit, document type, client segment 
  • Subsystem for calculating credit indicators, solvency ratios and collateral
  • Centralized storage of information about groups of companies, borrowers, loan applications and indicatives, credit limits, covenants, collateral objects; all information is stored centrally, available to users according to their official authority 
  • Search for documents in the repository by various attributes, the ability to export results to MS Excel format 

Implementation results 

  • Creation of a centralized repository of credit documents for corporate clients in order to reduce costs associated with the distribution of paper documents, document loss, automation of the process of entering and replicating documents 
  • Automation of the processes of considering loan requests in the services and divisions of the Bank, making decisions on loans, automating the work of the credit committee, taking into account the centralization of back-office functions at the level of regions and macro-regions 
  • Monitoring performance discipline in the processes of servicing credit requests 
  • Aggregation and visualization of analytical reporting for clients, client groups, client segments, maintaining “credit history” of corporate clients 
  • Segregation of access to client information depending on the official authority of the system user 
  • Automatic and semi-automatic (with subsequent filling) generation of accompanying documentation

    Integration with other banking systems to organize the concept of a “single client”

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Industry
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Country

  • Ukraine

soft Xpansion is an international company with more than 25 years of experience in the development and implementation of software products

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