CHALLENGE

Overall slow turnaround time in processing loan approvals especially in a Priority Banking environment.

SOLUTION

With our Syndesis B2B & Syndesis CRA, we provide clients with the following capabilities:

  • Straight-Through-Process credit report pull from loan origination system for credit cards, unsecured personal loans and housing loans.

  • Large volume pulls of credit report data for marketing campaigns.

  • Significantly enhance the capability to produce credit risk scorecards and perform advanced analytics on portfolio.

IMPACT

  • Faster turnaround time for loan approval/rejection.

  • Increase efficiency in updating CCRIS for approved applications.

  • Reduce cost by eliminating duplicate reports retrieval or redundant submissions.