Lending Platforms
Build comprehensive lending platforms with NextGen low-code platform
This example demonstrates how to build a complete lending platform using NextGen low-code platform. The solution covers the entire lending process from client onboarding to loan issuance, including risk assessment, regulatory compliance, and comprehensive analytics.
Process Modeling
Visual workflow designer allows you to create lending processes: Application → Data Collection → Verification → Risk Assessment → Decision → Contract Generation → Funding.
🔹 Models can be modified when requirements change without system redesign.
Client Onboarding
Multi-channel application collection (web portal, mobile app, partner APIs). Automatic validation and document verification. Integration with credit bureaus and government databases.
🔹 This reduces application processing time and improves data quality.
Risk Assessment
Flexible scoring models with support for machine learning. Real-time analysis of borrower creditworthiness. Integration with external data sources and risk assessment services.
🔹 This reduces credit risks and increases portfolio profitability.
Integrations
REST/SOAP API for connecting banking systems and payment processors. Integration with document management and e-signature systems. Connection to regulatory reporting systems.
🔹 This ensures seamless interaction with existing infrastructure.
Monitoring & Analytics
Built-in dashboards for tracking: loan applications and their status, portfolio quality and delinquency rates, operational efficiency and processing times.
🔹 This helps management make data-driven decisions.
Regulatory Compliance
Automatic generation of regulatory reports. Support for KYC and AML procedures. Audit trails for all operations and decisions.
🔹 This ensures compliance with financial regulations and reduces audit risks.
Key Performance Indicators & Benefits
Companies implementing lending platforms on NextGen achieve:
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