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Multi-Party Software for Loan Processing Automation

Multi-Party Software for Loan Processing Automation

Industry
BFSI, Banking, Lending
Technologies
.NET

Customer

The customer is an Estonian bank specializing in consumer loans.

Challenge

The customer needed a solution that would ease and optimize the work of bank clerks in loan processing.

Solution

Experienced in banking software development, ScienceSoft was chosen to build a new loan management application. The delivered software solution included:

  • The data storage and management module that were used by bank employees to manage users, accounts, different types of contracts (loan, investment, etc.).
  • The web application for employees and clients that included Back Office, Loan Ordering, Loan Management, Portfolio, Analytical Tools and Reports modules. A user received a single-point access to multiple accounts in different banks.

Results

Having simplified the lending processes and increased transparency, the new solution streamlined back-office operations, as well as improved client onboarding and increased client satisfaction.

Technologies and Tools

.NET Framework 2.0, Microsoft Visual Studio 2005, C#, XML.

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