FINANCE

LOAN ORIGINATION SYSTEM: IMPLEMENTATION & SUPPORT

Customer
Leading car finance institution established by one of world's top-5 car manufacturers.

Challenge
Streamline and automate the loan approval process, reduce manual intervention and increase the efficiency of bank car lending operations.

Project Results
Loan approval times have been significantly reduced, error rate has been reduced, and overall productivity has improved, resulting in faster and smoother loan disbursements.

Business Value
The introduction of the Loan Origination System has brought tangible benefits to the bank, including increased customer satisfaction, increased lending volumes, improved risk management and increased competitiveness in the car loan market.

Tech Stack
Implementing platform based on IBM BPM, FICO DM, Java, Kubernetes, Spring/Spring Boot, Apache Kafka, Redis, Oracle, PostgreSQL, JSF, React, Talend ETL.