Scorto Announces New Platform Designed Specifically for Online Lending
Advanced risk assessment mechanisms and business flow management capabilities establish a holistic approach to full cycle online lending.
- (1888PressRelease) February 05, 2013 - 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.
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