VeriLoan - Loan Origination Solution
VeriLoan is a powerful digital loan origination solution built on top of Dynamics 365. The customer-centric solution is designed to effectively manage the entire client lifecycle in one, unified CRM platform. Covering everything from sales origination, onboarding, risk and credit review, disbursement all the way through collection, VeriLoan automates the entire commercial and corporate loan processes from start to finish.
The solution empowers financial institutions to make fast, consistent, and cost-effective loan decisions within predefined risk margins. It provides straight-through processing (STP) and built-in workflows which allow different teams - relationship manager, business line manager, credit analyst, credit committee, credit admin officer, operation department - to coordinate easily.
Integration with the Rule Engine software InRule helps automating business decisions and processes. It makes it easy to complete policy checks and risk committee rules and validations seamlessly. The solution can be customized to integrate with external systems such as Credit Bureau to enable speedy risk assessments, Know Your Customer (KYC), anti-money laundering (AML) and blacklist checks.
Corporate Loan Origination Key Features:
- Loan / Credit Limit Request & Application
- External System Integrations (Moody’s, Dun & Bradstreet, Credit Bureau, AML, Blacklist)
- Integrated Rule Engine
- Business Rules & Validations
- Risk Committee Approval Matrix
- Policy Check & Exceptions
- Risk Analysis & Risk Committee
- Document Collection, Scanning & Upload
VeriLoan is a loan origination solution that helps financial institutions to:
- Reduce turn-around time
- Enable digital & self-service origination
- Reduce error & return rates
- Advance risk migration & decisioning
- Improve client experience with loan portal
- Reduce cost of client acquisition
- Improve employee experience
- Increase workflow efficiency with OCR & PDF upload