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Loans Originations and Loans Management Platform

Automate the entire Loan Lifecycle from Originations to Recoveries

Streamline Your Lending Business

An intelligent, scalable and secure cloud based multi-channel software solution supporting the entire loan lifecycle, from loan origination, servicing and recoveries.

Flexible software for fully automated process of loan and mortgage debt

All special servicing and legal processes for defaulting mortgages are managed automatically, allowing straight-through processing, and an increase in recovery ratios. Supports arrears and collection processes for all types of loans. Manage more cases and reduce cost.

Faster, More Reliable, Scalable and Secure

Expand your reach and serve more, provide customers with self-serve in the digital channel and take your financial institution to the next level. Smarter digital banking at its best.

LoansPLUS+ A Highly Scalable Cloud-Based Modular Solution

Application modules are cloud-enabled and delivered in a SaaS model, which reduces cost for the financial institution versus traditional on-site installations, and covers all critical processes involved in the loans system.

Originations

Complete automated borrower evaluation and decision making

Servicing

Automated payments processing, notifications and alerts

Recoveries

Set of convenient tools for soft recoveries (upcoming offline agent field app)

Reporting

Comprehensive set of reports for portfolio and risk management

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10 Steps of the Originations Process

Visualization of how loans originations is processed

1. New Application is Created

A new loan application is received in Close Origination from a web, mobile or any front office application. This can be done via a web service or HDN interfaces so intermediaries, dealers and retail partners can all service their customers in this process.

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10 Steps of the Originations Process

Visualization of how loans originations is processed

2. Internal sources are consulted

Loan application is enriched with data from internal sources to execute the necessary verifications. These are for example the clients CRM systems, administration systems of intermediaries and dealers, and employee administration systems.

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10 Steps of the Originations Process

Visualization of how loans originations is processed

3. Pre-score is calculated

A preliminary score is provided based on the evaluation of information from the first 2 steps.

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10 Steps of the Originations Process

Visualization of how loans originations is processed

4. Consulting external sources

Loan application is enriched with data from external sources for the purpose of compliance, fraud prevention and creditworthiness evaluation. Additional sources can easily be added to the process.

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10 Steps of the Originations Process

Visualization of how loans originations is processed

5. Automatic assessment.

The application is assessed based on the information retrieved from the previous steps. Maximum loan capacity, credit restriction such as the monthly installment, (theoretical) duration of the loan, credit rating and the interest rate are automatically calculated. In addition, a credit risk profile can be determined and taken into account when evaluating.

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10 Steps of the Originations Process

Visualization of how loans originations is processed

6. Manual assessment.

Complex loan applications may be processed manually by the underwriter, thus the system also enables traditional underwriting processing, but in a very efficient way.

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10 Steps of the Originations Process

Visualization of how loans originations is processed

7. Proposal is created

The proposal, including the corresponding stipulations list and validity of the offer/contract is generated.

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10 Steps of the Originations Process

Visualization of how loans originations is processed

8. Evaluation of stipulations

Stipulations such as ID, proof of income, bank statements, proof of living costs, etc. are processed and tested of fraud and on consistency. After all information from the application, external sources and the supporting documents have been verified, the final assessment takes place.

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10 Steps of the Originations Process

Visualization of how loans originations is processed

9. Loan Disbursement

Loan application is enriched with data from internal sources to execute the necessary verifications. These are for example the clients CRM systems, administration systems of intermediaries and dealers, and employee administration systems.

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10 Steps of the Originations Process

Visualization of how loans originations is processed

10. New contract is sent to back-office.

Data for contract administration is collected and the whole client file is forwarded to the back-office application. Optionally, a welcome letter can be forwarded to the applicant(s), and or the intermediary.

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Features of LoansPLUS+

The Platform

Service-based and Cloud Enabled

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High-level Security

AWS high-level security measures including client data encryptions are applied and all security requirements are 100% respected.

Easy Integration

All modules are integrated easily with existing IT infrastructures including third-party solutions.

Supports Multi-Credit Providers

Supports multi-tenant which makes it suitable for service providers and lenders who service many different client brands.

Configurable Solution

Any module of LoansPLUS+ is designed to be highly configurable ensuring smooth implementation and minimal costs.

Custom UI/UX

A leading design in user interface and smart banking for a simple intuitive transition and user experience

Platform Benefits

The LoansPLUS Platform

benifits-iconsMinimized credit loss and improved customer service

benifits-icons24/7 straight through-processing in the recovery process

benifits-iconsIntelligent use of risk analysis, behavioral patterns and big data analysis techniques

benifits-iconsSecure cost-efficient SaaS solution that allows for business flexibility and scalability

benifits-iconsEasy integration with existing IT infrastructure

benifits-iconsOptimized recovery ratios and workload

benifits-iconsA customized approach based on profiling and customer’s history

benifits-iconsDirect anticipation of different situations in the loan liquidation process

benifits-iconsFlexible solution with the optimal match for specific scenarios

benifits-iconsConfigurable authorization matrices for customized access

Our Clients

About our client projects

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Camalig bank is a leading Rural Bank starting its digital transformation with a mobile first strategy supporting the Philippines rural community.

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ECommPay is an international payment service provider for mid-sized & large businesses and Card acquirers, Payment aggregators & mass-payouts providers.

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Ecommbx ltd is an electronic money institution focused on providing seamless payment platform to mid-sized and large businesses.

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Cantilan Bank is a leading rural bank in the Philippines that is spearheading digital transformation with mobile and internet banking.

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Provide acquiring and processing services for retail and business customers, Merchant account registration, Payment gateway services.

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Offering Bank account opening for non-European residents. Payments platform for personal and business banking.

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