Credit and Loans

Automated lending processes are proven to reduce exposure to risk while improving operational efficiencies that increase profitability. In an increasingly competitive market, offsetting the rise in production costs is a matter of survival.

Luxoft’s successful, comprehensive solutions for automating the loan origination process with paperless technology not only reduces operating costs, but also promotes a faster turnaround time for loan processing.

Luxoft has experience in providing automated loan origination and lending workflows for the world’s leading commercial and retail banks.

Our solutions are intelligently designed to cover all stages of the loan lifecycle, including negotiation, pricing, approval, booking, hedging, monitoring and rebalancing. Each stage of the lifecycle is supported by best practices in business - relationship management, deal management, portfolio management, securitization, trading, credit risk management, regulation and compliance.

The risk management component of our solutions centralizes the processes for credit risk governance and provides risk monitoring, assessment and scoring, calculation of essential risk parameters such as credit risk exposure, probability of default (PD), expected loss (EL), risk-weighted assets (RWA), minimum capital requirements, etc. with full support of Basel ll standards.

With the average loan generating hundreds of documents, paper-related expenses and security issues become significant. Luxoft’s Electronic Document Management Systems (EDMS) solve these problems by providing controlled access for multiple users, document version control, instantaneous distribution of documents, and reliable electronic backups. The EDMS solutions also provide quick and easy access to frequently used folders and documents, user permission management, the four-eye principle for document approval, a document scanning facility and email integration.

Luxoft’s automated lending solutions can significantly increase profitability by reducing the exposure to risk, increasing the turnaround time for loan processing and improving productivity in the lending workflow.

For more information, please contact our business representative