Covid-19 Loan Origination Solution

The Covid-19 situation is a good example of the need for SMB Assistance loans. With governments around the world announcing new relief loans and schemes on a weekly basis, lenders are inundated with thousands of loan requests. These situations mandate the need for smart and agile loan origination systems that can adapt to change and cater to high volumes, in real-time.

 

A flexible platform for banks to originate loans to SMB’s at scale and in compliance with changing government policies.

The solution provides the right foundation to configure/deploy processes in highly agile business environments, while ensuring the necessary business impact is delivered in a timely manner.

CURRENT LANDSCAPE – SMB ASSISTANCE LOANS

The Covid-19 situation is a good example of the need for SMB Assistance loans. With governments around the world announcing new relief loans and schemes on a weekly basis, lenders are inundated with thousands of loan requests. These situations mandate the need for smart and agile loan origination systems that can adapt to change and cater to high volumes, in real-time.

Business Challenges Introducing SMB Assistance Loans Benefits SOLUTION ADOPTION

Scope of Activities

3-5 week roll out

Gain understanding of loan product, origination complexities and existing IT Infrastructure Amendments to data model Configuration of applicable modules: OCR, risk assessment parameters, fraud algorithm, integrations, etc Configuration of the portal screens based on loan produc Configuration of dashboard reports

Team: 1 Business Analyst, 1 Lead System Architect, 2 Pega Developers

Commercials

3-5 week resourcing cost (T&M mode) to adopt the framework to be borne by the customer

Build for Change Configurations for changing regulations Low Initial Cost Easy and Predictable Rapid Rollout Fast and Convenient Case Studies - Loan origination Expertise Why Choose Us?

Our Pega Practice

Total Pega Practice of 800+ Pega Platinum Partner 2000+ Person Years of Pega expertise 300+ successful Pega Implementations > 115 Certified Lead System Architects (CLSA) A Certified Pega Upgrade Partner Specialist Pega BA and QA Practice Global ODC’s Bangalore, Hyderabad and Nearshore UK Nearshore North American Development Center Contact