Multi-Party Software for Loan Processing Automation
Industry
BFSI, Banking, Lending
Technologies
.NET
About Our Client
The Client is an Estonian bank specializing in consumer loans.
Challenge
The Client needed a solution that would ease and optimize the work of bank clerks in loan processing.
Solution
Experienced in lending software development, ScienceSoft was chosen to build a new loan management application. The delivered software solution included:
- The data storage and management module that were used by bank employees to manage users, accounts, different types of contracts (loan, investment, etc.).
- The web application for employees and borrowers that included Back Office, Loan Ordering, Loan Management, Portfolio, Analytical Tools and Reports modules. A user received a single-point access to multiple accounts in different banks.
Results
Having simplified the lending processes and increased transparency, the new loan management solution streamlined back-office operations, as well as improved customer onboarding and increased customer satisfaction.
Technologies and Tools
.NET Framework 2.0, Microsoft Visual Studio 2005, C#, XML.
