Empowering loan origination with the
infusion of technology to derive
flawless outcomes
Making your Preliminary Assessment a hassle free experience
Credit Originator System
Lending is one of the primary functions of financial institutions around the world. Credit Originator System supports the loan origination process by gathering key details about the proposed credit, making a preliminary assessment and computing the pricing for the proposed credit enabling the applicant to decide whether to proceed with the loan process or not.
Credit Originator System helps the front office staff to make a quick judgment about the applicant on the eligibility parameters fixed by the lending institutions.
Credit Originator System
Credit Originator System
supports a thorough scrutiny
before sanctioning the loan.
supports a thorough scrutiny
before sanctioning the loan.
The details of loan requested
are gathered.
are gathered.
There can be multi-channel
origination (Mobile, Web, Branch,
Call center).
origination (Mobile, Web, Branch,
Call center).
The group details and relationship
of the customer is captured
in this system.
of the customer is captured
in this system.
Credit Originator System gathers
required information about the
customer and updates the details.
required information about the
customer and updates the details.
Pricing terms are negotiated
at initial stages in this
application.
at initial stages in this
application.
Compliance related
validations are performed.
validations are performed.
A preliminary offer letter
is generated giving the
details of proposed
credit and pricing.
is generated giving the
details of proposed
credit and pricing.
Once the applicant is selected,
there is assignment of deal
team and relationship manager
to complete loan structuring
and sanction.
there is assignment of deal
team and relationship manager
to complete loan structuring
and sanction.
The pipeline status
is being monitored
is being monitored
Benefits of
Credit Originator System
- Credit Originator is a mechanism to identify, accept, or reject a proposal based on eligibility norms. There are instances where the officers and managers spend considerable time and then reject the proposal based on pre-requisites or basic eligibility norms. In the Credit Originator, the knockout conditions are verified in the initial stages.
- Credit Originator is useful for front office staff to decide whether to submit the application for further processing or not.
- Risk assessment is carried out to check whether the applicant has adequate resources to repay the loan.
- It is a selection tool. It enables the lender to select individuals/businesses having good creditworthiness.
- Credit underwriting process is simplified as preliminary evaluation is already complete.
Credit Originator
- Customer Details
- Loan Details
- Financials
- Scoring /Risk Rating
- Pricing
- In Principle Approval
- Submit to Underwriting