Credit Origination Solutions

•

Our client, wanted to build a Credit Origination System so that they can streamline the Credit lifecycle process and improve profitability. To complete this project, they needed a reliable technology partner. They approached us with a specific set of requirements.

They were as follows: -

1) 360 Degree view of Loan Account & Lifecycle

2) Disbursement process

3) Building of unified Core Microfinance solution

4) Automated AADHAAR based Customer On-Boarding

5) Scalable solution which could support complex and expanding operations of Organization with appropriate technology

6) Their Legacy system did not cover many required functionalities like central portfolio mgt., financial accounting, statutory reporting, fund mgt., NPA mgt., Asset Liability mgt.,etc, which were heavily required.

7) Mobility based solution for field force.

8) Implementation of std. banking practices internally like real-time GL updating, EOD/SOD process,calendar mgt.

9) Integrated modules for Self Help Groups (SHG) and Joint Liability Groups (JLG).

Regulatory Compliance.

10) Improved functionality to accomplish the vision & mission of the organization