Home Page : Archive News : February 2013 News : Scorto Announces New Platform Designed Specifically for Online Lending | |
Scorto Announces New Platform Designed Specifically for Online Lending | |
February 05, 2013 Advanced risk assessment mechanisms and business flow management capabilities establish a holistic approach to full cycle online lending. Scorto, a globally recognized provider of decision automation solutions and services, announces the release of Scorto eLender, a complete solution for internet lending. Scorto eLender is sufficient to facilitate the entire lending cycle: from loan origination and credit line management, to debt collection and compliance with regulatory requirements. Due to the modular architecture of the platform, it can be provided as a turn-key technology solution, or as task-specific modules. "We've designed Scorto eLender to introduce a holistic approach to online application processing. The system empowers internet lenders to create scalable platforms and provide a superior experience to their clients." - Says Jonathan Clayton, Head of Risk Management Systems R&D. - "Scorto eLender enables a robust and disciplined approach to online lending. And, as with all Scorto solutions, eLender also provides industry-leading risk management capabilities through extensive use of predictive models and visual interfaces for the design and administration of decision flow management." Features of Scorto eLender include: • Credit scoring module • Decision and workflow management interface • Loan monitoring and early warning system for loan portfolio • Protection from various types of fraud • Automatic approvals and rejections • Automatic payment distribution • Automatic report generation • Conversion of e-docs and disclosures • Portfolio and subscriber base monitoring as well as regulatory requirement reporting. For further information, please visit http://www.scorto.com/lenders/online-lending-system.htm. Source: http://www.1888pressrelease.com/scorto-announces-new-platform-designed-specifically-for-onli-pr-453359.html |