Loan Automation
Leverage a solution built out of automated decisioning for lenders and reduces potential risk.
Loan processing time directly affects customer experience and revenue. Legacy technology stacks and manual processes are full of error and inefficiencies that slow down the credit approval process. Every company making loan originations has three pain points: can’t make changes to loan processing decisions fast enough, can’t deploy new books of business that involve decision logic without a large cost, or can’t personalize existing systems that involve various processes and systems in loan processing efficiently. Decision Management Solutions helps eliminate inefficient processes and implements decision automation which speeds up the loan processing time from weeks to days. This is a productized offering from a services company - the services engagement helps automate and create more efficient IT processes that decreases loan processing time. The solution is a workload that runs on OpenShift.
- Benefits
- Decision Transparency and Explanation
- Impact Analysis and Simulation
- Fosters a Common Understanding between Business, Ops Analytics and IT
- Designed for Continuous Improvement
