Retail lending business solution

Loxon’s retail lending system is a flexible, state-of-the-art business solution for supporting retail lending activities of financial institutions. The system implements a structured, logical set of pages and data views and patronizes the changing business requirements with a process-managed approach that supports loan origination throughout decision and administration activities.

Features

• Cover all the (financing) products offered to the Retail client segments and ensure fulfilment of the frequently changing business requirements
• Support the whole lifecycle from the date the customer applies for the loan until the maturity through user friendly screens
• Ensure compliance with the credit policy and banking rules through flexible product parameterization
• Support the decision making process as per the allocation matrix and all decision feedbacks (conditions)
• Improve data quality due to the three-phase error checking and the high integration potential for data retrieval and transfer
• Execute calculations emerging in connection with the credit application
• Generate predefined document templates (e.g. contracts) and reports (e.g. process efficiency reports)
• Create user’s task list based on user’s authority and support alerting mechanism
• Provide support for sales activity in alternative sales channels and support cross / up selling (with CRM module and simulation engine)
• Integrate with other Loxon Products