Credit Origination System

Large and mid-sized financial institutions are adopting automated systems to manage the high volume of credit applications that originate at their vast network of branches.

Credit Origination is a term that means lending to individuals and corporate customers. Lending is one of the primary functions of financial institutions around the world. The bottom-line mission of every loan department is to have a thorough scrutiny before sanctioning any loan, proper follow-up, and monitoring after loan sanction. In effect, this will yield profits and reduce losses.