Comarch Loan Origination is a modern platform dedicated to financial institutions that offer credit products for all types of customers via any sales channel. The design of our lending platform is based on the proprietary solution, Comarch Business Process Management. Thanks to this, all the parameters of a loan product, the process itself and the associated screens and printouts can be tailored according to the client’s needs. Moreover, the solution can be used to design and configure any kind of business processes.
Our loan origination system provides a comprehensive service of credit processes and enables business administrators in the financial institution to independently manage all of the elements of the processes, including a process itself, user screens, printouts, business parameters and logic (algorithms). The configurability and flexibility of Comarch Loan Origination decrease the time of implementing changes or new products to the minimum. Its testing functions allow to implement correct and verified products. Thus, all functions that are necessary to sell banking products for individual or business clients are now available on a single lending platform.
The module enables configuration of processes for any business area. Its intuitive graphic editor was designed and developed for business users and does not need any expert IT knowledge to use it. A short training, offered within the implementation, is all that is required to start using the tool.
The graphical process editor supports, among others:
One of the key elements of Comarch Loan Origination is the ability to define and manage user input forms. The module complements the process management functionality as the forms are completed by end-users at various stages of the credit process.
Selected areas covered by the orm management module are:
The module covers such functions as:
The module contains defined algorithms to generate a list of documents (document check-list), which should be provided by the customer. The list depends on bank-specified parameters, e.g. product type, requested amount, type of income.
For each position on the check-list, the module allows to attach digitized documents (as electronic file(s)) and link them to a customer or an application. All attached documents are archived in the repository and are available for searching and viewing by empowered users.
The module provides functions that make integration of Comarch Loan Origination with other systems, internal or external, extremely straightforward. It supports configuration of services that can be called from credit process steps. The configuration is done using a graphical interface in a very intuitive way, which makes it possible for non-technical users to carry out tasks that otherwise would need to be performed by programmers.
The primary purpose of these modules is to support bank analysts in designing and implementing optimal strategies for assessment of loan applications and credit risk related to a credit decision, and, in a wider scope, to the total debtor base. Usage of the scoring / rating module in a credit application process results in lower credit risk and therefore improves the quality of the entire debt portfolio.
All calculations in both modules based on defined algorithms and data:
The collateral module is responsible for management of credit collaterals. In particular, it covers definition of collaterals, registration of collaterals in credit process including debt securing assets, legal form and valuation, as well as registration of collaterals in the bank transactional system. Collateral once registered in the system can be used many times in within the same customer's processes.
The module provides management of user access rights to the system and covers such areas as:
The CLO front-end provides functionality for end-users of the system. It covers actions that the users perform in the context of business processes as well as tasks not related to these. The front-end constitutes an element whose graphical look-and-feel is usually adjusted to conform to the bank’s corporate identity and/or UX/UI requirements
The CLO front-end covers, among others:
This part of the CLO includes features that aim to facilitate the management of the entire system and many of its individual elements. These are primarily universal components that are used by multiple system modules.
The most important are:
Last but not least, Comarch has a unique combination of skills under a single roof: business, technical (design and development), UX, implementation, integration, and maintenance. During the project implementation and also after the roll-out, Comarch’s goal is to accompany the client in employing new ideas and processes in order to create the optimal model adjusted to their specific needs and business context.
The modular structure of Comarch Loan Origination implies that its implementations may be performed in stages. The system modules cover the entire area of credit processes, from initial calculations and submission of the application, customer link by analyzing the creditworthiness, scoring and rating assessment, up to making an automatic or manual credit decisions, signing a credit agreement and releasing the funds in the core system of the financial institution.
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