FINEOS Applications Processing

The days of customers waiting weeks or even days for a loan approval are gone.  Customers are demanding quick responses to their loan applications.  But you still need to ensure that you’re making decisions accurately and responsively and that you’re protecting yourself from undue risk.

FINEOS Applications Processing is the solution you need.

FINEOS Applications Processing is capable of handling the full lifecycle of loan products, from initial enquiry on any channel, quotation and application through to approval and the establishment of the loan account.

The advanced FINEOS workflow and rules engines automate the entire lending application and decision process, including remote initial application by the customer, joint application and even the pre-filling of application forms with base information for existing customers. Other benefits include:

  • Providing a rules-driven process for data capture to ensure the integrity of your information
  • Ensuring comprehensive data gathering on initial point of contact, reducing the need for repetitive inquiries
  • Speeding your response to customers by enabling the execution of approval rules during the application process
  • Integrating additional data services into your automated approvals decisions
  • Automatically generating necessary forms and documents

FINEOS Applications Processing, part of the FINEOS Banking suite, is available for: