Overview
Loan Origination At Lightspeed – With SmartLender Neo
Every commercial bank expects to be digital-first to ease complexities and workloads, streamlining today’s cumbersome loan origination process. SmartLender Commercial NEO is a significant step towards realizing this at lightspeed. It’s a functionally rich Loan Origination System on API-first and Low-code application framework, improving speed, accuracy, and customer experience during the origination process.
Fast-tracked Origination - Fortified Business Value
Best Practices Implementation
Best practices in Credit Origination garnered over 20 years of engagement with leading banks in Asia.
6 Months To Be LOS Ready
Rapid, agile implementation methodology enables customers to go live in 6 months.
Seamless API Functions
The latest technology stack with an API-first design allows quick API creation, testing, and deploying.
Flexibility With Low-Code
Low Code approach to either replicate existing financial products and policies or create entirely new ones.
Process Efficiency
Improved credit risk management capability driving process efficiency and productivity.
Enabling Key Functionalities
Enabling Key Functionalities
Support in SLA monitoring, tracking, workflow management, and reporting
Credit teams speed up processing and reduce review time on field-level granular visibility
Collaborative communication between users on built-in interactive communication utility
Data accessibility throughout the entire process for marketing, cross-selling, risk management, productivity management purpose
Intelligence to detect and highlight potential weakness in credit via internal and external data sources
Functional Architecture
Cloud-ready & Flexible Convergence Of All Origination Functions
- Configurable by Users to expedite rapid deployment of fields, templates, APIs, business rules, and more, with no downtime.
- Open API enables easy integration with surrounding internal/external systems – improving connectivity.
- Process Automation uplifts users’ productivity and enhances borrowers’ journey, accelerating decision making.
- Mobility allows on-the-spot customer negotiation and the ability to originate and assess credit anytime, anywhere.
- Multi-Tenanted with end-customer personalization and configuration.
- Open-source Tech Stack helps operational costs to be reduced significantly.
Sound Design Principles
Approach Looking At The End Goal And Every Step Efficiency
Accelerating TAT To Improve Revenue Opportunities
Improving Productivity
Increased Customer Satisfaction
Better Risk Management
With Implementation Efficiency & Deployment Flexibility Adding Pace To GTMs
Simplified Implementations in 6 Months
Seamless Cloud Deployments
Benefits Showcased By SmartLender Neo
LOS Readiness With Simplicity And Speed Of Light
20+ years of best practices transitioned to LOS implementation expertise, benefiting the process.
Templatized processes, enabling high configurability and making the implementation more flexible.
Eased digital transformation through API-geared open ecosystem.
Self-serviceability for banks on low code/no code strategy.
Reduced implementation timeline and risk with an agile mindset and scrum methodologies.
