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.
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