Overview
In recent times, the lending market has been seeing disruption by a wide variety of fintech and big tech organisations that see an opportunity to transform businesses to be seamless through digital technology and innovative design. With these disruptions and advancements, a new space has been created for banks to explore unchartered territories that they would have otherwise taken time in adapting to. Today, more than ever, across the spectrum of lending institutions, there is a need for multi-channel, self-service digital lending and leasing products, that harnesses these advancements in technology to offer superlative experience to their customers.
Intellect Digital Lending is a comprehensive credit management system designed to meet the ever changing needs of credit seekers as well as financial institutions. The system is designed to offer commoditised and specialised credit products across all business segments including Retail, Corporate, SME and Agri. Built on an 'Always On, Always Aware' concept, banks can deliver a truly digital, real-time solution by empowering them to make real time informed credit decisions, and create their own products anytime, anywhere. The platform's fully automated robust architecture ensures lower cost of operation by driving higher efficiency.
Key Features
Credit origination
In-principle loan approval in minutes
Automated credit risk assessment
Pre-configured workflows specific business segments
Loan servicing
Intuitive product configurator
Hyper-personalised loan product.
Risk optimisation by delinquency and receivables tracking
Digital experience
Real-time tracking and customer updates.
Anytime, anywhere credit on tap
Decisions on the go with insta-alerts, deviations and fulfilment
Debt management
Predictive analystics
Segment based strategies
Optimising risks with real-time informed decisions
Collateral & limits management
Collateral monitoring across island of systems
Minimising risk with collateral sizing
Proactive limit monitoring
Key Benefits
Significant reduction in Turnaround Time - to the extent of 40%
Holistic view of credit exposures and risks across customer relationship
Proactive monitoring of portfolio and management of defaults