FinnOne Neo

FinnOne Neo is an automated, workflow-based and technologically advanced lending solution that provides loan lifecycle management capabilities, available on-premise or from the cloud. It enables customers to digitize and automate their processes, launch tailored products, and offer services across multiple channels. FinnOne Neo helps digitize the complete loan lifecycle end to end, from initial contact with customers and helping make better credit decisions faster to loan servicing and delinquency management.

FinnOne Neo helps companies make better credit decisions, reduce credit risk and lower the levels of non-performing loans. Additionally,it is designed to cater to the unique requirements of banks and non-banking financial services companies and covers a wide range of loans, including personal loans, housing finance, auto loans, education loans, consumer durable finance and gold loans.

According to the vendor, key business benefits include:

• Complete digitization of the loan lifecycle
• Automated and paperless processes
• Faster time to market through ready to plug-in and use solution
• Add capacity and users quickly
• Adapt to changing business needs quickly
• Zero upfront infrastructure cost with pay-per-use opex cost
• 24x7 business availability