Loan Originations-Lending-microfinance-Risk Based Pricing-Islamic Banking-Credit Origination

Indus Origination

Product Overview

Indus Loan Origination System (LOS) is a part of the Indus suite of products designed to meet the complexities of retail financing with simplicity.

This web-enabled solution may be deployed over a local area or wide area network. The solution supports multi organization, multi product, multi currency, and multi lingual implementations. Indus Origination handles the processing of loan applications right from the customer acquisition, credit decisioning, and approval till the disbursement stage. It has a fully configurable workflow wherein all core modules can be configured to support any portfolio.

Highlights

The comprehensive application-processing product takes care of:


		Multi portfolio supporting auto, consumer, home, personal loans & credit cards.
		Access through various distribution channels like branch, call center, retail kiosks, dealer/ DSA outlets, internet, web portals and hand-held devices.
		Comprehensive security framework.
		Highly flexible.
		Modular framework.
		Interface with external and host systems.
		Inbuilt flexibility of configuring robust product definition.
		Fully configurable risk and credit control.
		Document management functionality to reduce inefficiencies in handling paper.
		Blind data entry.
		Add-on products like insurance.
		Risk-based pricing and recommendation of approval level .
		Audit trail.
		Support for Islamic Finance portfolio.
		Fully configurable workflow.
		Integration with Digitization module.
		Multi currency, multi lingual and multi organization.
		Localization.

Benefits:

		Reduces turn-around time.
		Minimizes risk.
		Standardization of business workflows.
		Increases productivity.

Sample case study

		The leading private Bank in Sri Lanka.
		Application deployed at 123 Branches across the country.
		Supports 1,426 users.

Indus Loan Originations is a robust, scalable and flexible system. It provides a single platform for all the retail portfolios like Mortgage, Personal, Auto, Credit cards, Consumer durables and Microfinance. It is modular solution with key processes like customer acquisition, credit appraisal, underwriting and disbursement. It is multi-currency, multi-organization and multi-lingual solution with capability to interface with multiple systems.