Veda Automated Lending Software
DecisionPoint has been designed and to be a data driven decision engine that can reduce the cost of customer acquisition by improving efficiency and optimising the credit risk management process.
DecisionPoint offers you unequalled flexibility in parameter management. The power of DecisionPoint Builder allows for on-going user control of lending rules and process, providing a speedy reaction to market changes at a low cost of implementation.
With DecisionPoint, you can:
- Readily integrate inputs and processes to your front and back-end systems (SOAL XML)
- Utilise web enabled data capture screens for loans origination that can be customised
- Reduce the time and cost associated with double-keying data
- Automate the documentation of all system rules, scorecards, cut-offs and calculations at the click of a button
- Apply a combination of bureau scores, application scores and your own credit policy rules
- Implement multiple product portfolios within one decisioning engine
- Monitor applications and send real time email alerts
- Analyse past applications to view decisioning outcomes
- Trial new lending criteria using past application data for review
- Customise decision rules; including your own scorecards
- Manage your decisioning workslow by using referral queues and decision override
- Apply a "champion/challenger" strategy to any component of the lending process
- Implement a white labelled solution incorporating your own branding, corporate logo and colours
- Process lending applications for consumer and commercial credit
- Gain the advantages of SQL Server and Oracle databases support