Situation at the Project Launch
A regional bank with a strategic focus on serving small and medium-sized enterprises (SMEs) set out to streamline its corporate lending operations. The goal was to significantly speed up loan application processing while improving end-to-end transparency. To support future portfolio growth, the bank needed a modern, scalable technology foundation. However, its existing systems lacked the flexibility required for dynamic credit management and couldn’t integrate efficiently with external data and scoring services.
Assigned Task
The bank aimed to design and implement a corporate loan origination system that would:
- Handle high application volumes — up to tens of thousands per day;
- Seamlessly integrate with both internal banking systems and third-party data sources;
- Deliver full digital transparency across every stage of the lending process — from initial application to final contract execution;
- Allow in-house teams to easily tailor workflows to meet evolving business and regulatory requirements.
Implementation
To meet these needs, the bank deployed a customized Loan Origination System for Corporate Clients, built specifically for SME lending.
The key features included:
- Automated intake and processing of loan applications, including generation of detailed client profiles;
- Integration with core banking systems (core banking operations management, company data analysis for risk assessment, borrower credit history storage, customer data standardization and verification);
- Customized stop-factor logic embedded into workflows, aligned with the bank’s security protocols;
- Full digitalization of decision-making, approvals, and contract management processes.
The implementation ran in parallel with the development of a retail loan origination system and plans to digitize auto lending operations.
Achieved Results
- A robust and flexible system was launched, capable of handling 50,000+ loan applications per day.
- The corporate lending cycle was significantly shortened, improving customer turnaround time.
- Cross-functional transparency and risk oversight were dramatically improved.
- Operational costs and manual workloads were substantially reduced.
- A scalable technology platform was established to support future product expansion and digital innovation.
- Increasing the investment appeal of the bank.
- Enhanced customer experience with faster approvals.
- Flexibility in customizing loan products.