The lending business is a core component for most financial institutions, competition is fierce and based on offering the best service, coverage and the lowest cost for customers.
SONDA has a Loan Core solution that manages the lending business in a comprehensive and integrated manner. It manages mortgages, consumer loans, automotive finance and leasing, to provide efficient portfolio management. This solution has been developed with first class tools to ensure that it can be rapidly implemented on a web based platform.
The Loan Core solution incorporates a customizable workflow tool that can be adapted to follow transactional processes and control progress. This is vital for financial institutions that compete by providing a rapid response to loan applications, in addition to making the process more efficient and reducing operating costs.
Its main modules include: Parameters, Customers, Simulation, Loan Approval, Management, Risk, Insurance Administration, Workflow and Tracking Transactions, and Operational Costs.