Loxon’s retail lending system is a flexible, state-of-the-art business solution for supporting retail lending activities of financial institutions. The system implements a structured, logical set of pages and data views and patronizes the changing business requirements with a process-managed approach that supports loan origination throughout decision and administration activities.
Retail lending business solution for efficient professionals
- Cover all the (financing) products offered to the Retail client segments and ensure fulfilment of the frequently changing business requirements
- Support the whole lifecycle from the date the customer applies for the loan until the maturity through user friendly screens
- Ensure compliance with the credit policy and banking rules through flexible product parameterization
- Support the decision making process as per the allocation matrix and all decision feedbacks (conditions)
- Improve data quality due to the three-phase error checking and the high integration potential for data retrieval and transfer
- Execute calculations emerging in connection with the credit application
- Generate predefined document templates (e.g. contracts) and reports (e.g. process efficiency reports)
- Create user’s task list based on user’s authority and support alerting mechanism
- Provide support for sales activity in alternative sales channels and support cross / up selling (with CRM module and simulation engine)
- Integrate with other Loxon Products
Our valued customers
Loxon’s retail lending system is capable of running predefined documents and reports to provide up-to-date information about process efficiency and portfolio productivity. This gives you the chance to identify bottlenecks and also ensures management information about all activities and fulfils reporting needs to the authorities. These templates can be prepared by your bank resources with a tool that is easy to parameterize in order to fit customized needs.
Loxon’s retail lending system also works perfectly with our credit rating and credit scoring software, a risk classification tool that prevents bad loans by appraising client/transaction based ratings/scorings for any possible application area where credit assessment should be used.
Loxon Retail Lending can be extended with other modules
- CRM module for supporting operative CRM functionality to ensure effective sales support.
- Simulation module to manage the precalculations by providing indicative offers and highly parameterizable calculations to compare the offerings.
- Campaign management module to increase sales volume by creating customized ad-hoc campaigns, special promotions and measuring campaign activities.
The system is thin client based and runs on a central server (platform independent). You can reach the application through your standard web browser. Due to this architecture, the resources of Loxon’s retail lending system are well concentrated, scalable and easy to maintain.