Against a background of entrenched competition, demanding customers and low margins, Financial Institutions have grown tremendously and today deliver a wide range of compelling financial products and services.
This growth, powered by their business reach, product innovation and presence in niche segments, has not gone unnoticed. Financial Institutions are faced with a tightening regulatory landscape and the threat posed by the new market entrants with innovative business models. To counter the threat and continue to take advantage of the rising demand for their services, Financial Institutions need advanced cloud lending technology solutions delivering product innovation, business agility and high quality customer service.
FinnOne Neo Cloud is a comprehensive lending solution combined with the power of cloud designed to meet the challenges of delivering agile and efficient solutions while reducing the cost of operations. The multi-channel solution supports the entire loan lifecycle – including origination and loan management, analytics and delinquency management.
FinnOne Neo Cloud combines 30+ years of banking and financial services domain expertise with insights gathered from working with some of the worlds’ most innovative financial services companies. Offered as a SaaS based model, FinnOne Neo Cloud provides lenders with advantages of faster implementation, on-demand scalability and agility in business operations. The solution helps digitize the complete loan lifecycle end to end, from initial contact with customers and helping make better credit decisions faster to comprehensive loan servicing and sophisticated delinquency management. Deployed in the cloud with low upfront cost and flexible pricing options, allows companies of all sizes to take benefit of the best in class lending solution and completely digitize their loan operations.
FinnOne Neo Cloud Business Benefits

Faster time-to-market
Create and launch new products quickly

Enhanced growth
Extend business reach and gain new business

Digitized loan processing
Process applications faster and with more transparency:

Reduced credit risk
Make better credit decisions faster and improve collection rates

Service across channels
Offer anytime anywhere business across mobile and internet

Analytics led approach
Benefit from data driven insights across the loan lifecycle
Unique Features

Completely digital loan lifecycle – Paperless and automated

Seamless straight-through processing of loan applications

Analytics and score cards based credit decision making

Customer self-service and Omni-channel support

Faster implementation with lower Cap-ex and Op-ex

Flexible pricing in pay-per-use or user/transaction based

Easy scalability with on-demand access to infrastructure

Best in class security by expert cloud providers
Lines of Business Covered

Home Loan

Auto Loan

Personal Loan

Credit Card

Education Loan

Loan Against Property

Consumer Durable Loan

Tractor Loan

Value Added Loan

Agriculture Loan