Credit Management

Credit management can be a time-consuming process with high administrative costs. Luxoft’s successful, comprehensive solutions for automating the loan origination process with paperless technology not only reduce operating costs, but also promote a faster turnaround time for loan processing. Our systems track a loan application through all stages of the business lifecycle, from origination to approval and further monitoring.

Luxoft’s solutions work with mortgage loans, automobile lending, consumer lending, credit cards and more. Our systems cover the banking and insurance business segments for retail, corporate clients, and government organizations.

Integrated risk scoring functionality provides automated customer solvency assessments. Our solutions, based on CRM system data, provide functionality for the determination of a client’s credit rating calculation depending on selected model, probability of default estimations, historical information storage, and “what if” analysis.

Luxoft’s credit management solutions include the workflow for the management of outstanding debt along with automated capabilities to support the workflow such as email or text communication with the borrower; real-time calculation of principal, interest, fines and penalties; preparation of documentation for the legal action; and pre-defined and ad hoc reporting.

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