Loan Origination software by Emric.

Available separately or combined, Loan Origination and Loan Administration are solutions for processing high volumes of corporate credit, mortgages and unsecured loans. For each product, there’s a choice of standard service level and delivery type: licence, software as service and FINANCIAL BPO by Emric.

Automated loan processing.

  • 1.
    YOUR CHALLENGE

    Lowering risk and faster time to market

    2.
    OUR SOLUTION

    Automated credit process for application, scoring, decision and documentation phase for corporate credit, mortages and personal loans

    3.
    RESULT

    A fully automated process which will enable you to focus on your core business

Loan Origination software at its best

Loan Origination is the solution that covers application, decision and documentation.

All input data is validated in the application phase and a high volume of data can be handled whether single parameters, such as income, or complex variables, such as mortgage certificates. The decision phase combines the risk scoring, lending thresholds and business rules that determine the loan decision. And the third phase, documentation, ensures that all necessary documents are produced with the correct client information. The credit document can now be signed. Loan Origination is based on the Microsoft platform and is the leading system for consumer credit, mortgages and corporate financing in the Nordic region. More than 15 mortgage institutes use Loan Origination software by Emric, which has processed more than SEK 750 billion.

Benefits
  • User friendly
  • Able to process large volumes
  • Support for different currencies and languages
  • Flexible and scalable
  • Easy to link to business and credit reference agencies
  • Easy to integrate with other core banking systems.
Modules

Loan Origination modules include support for the following: multi-tenancy, multi-collateral, multi-country, multi-currency, reports, business rules, electronic signature and public interfaces. By choosing to combine Loan Origination and Loan Administration, banks and credit providers can get end-to-end system support for the entire credit process.

Sourcing Options

You can choose software licenses or let Emric take care of hosting with Software as a Service (SaaS). We can also supervise all or part of the origination and administration process with FINANCIAL BPO by Emric. Select the sourcing option that suits your business needs:

  • License
  • SaaS – purchase the software as a service with external hosting by Emric
  • FINANCIAL BPO by Emric – external process management for origination and/or administration. Emric can take care of the credit process from first application to final accounting. Standby Services are also available for securitization programs.
Contact

Contact Emric for more information on our Loan Origination software.

 

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