The end-to-end consumer loan origination software by TIMVERO is created to meet your business needs. Like a missing jigsaw puzzle.
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Stages
timveroOS builds seamless and tech-savvy onboarding for banks and financial institutions to improve conversion rates and minimize customer churn at every stage. Your borrowers can undergo fast fully digital KYC checks and submit their consents with a click.
The major advantage of TIMVERO consumer lending software is robust data furnishing tools and analytics.
The system generates forms and supports auto-fill based on existing CRM data or API integrations with data providers. Just as well it easily extracts and processes data from complex financial reports in banks.
Automated doesn’t mean uncontrollable or black-box.
It is you who defines custom scoring parameters, such as customer profile values, free cash flow range, and other risk parameters.
As a result, your consumer lending business obtains data-centric and effective scoring models - both soft-check and hard-check. Each is based on clear predefined rules for different borrower groups to minimize risk, reduce operating expenses and get the most out of what timveroOS automation can fuel your business with.
The entire document management part can become paperless.
The multi-stage process of signing a contract is supported by a number of online and offline channels. The system stores, edits, and updates various contract templates for borrowers.
The timveroOS functionality includes an automatic opening for debit or credit accounts or loan disbursements via integration with a core/general ledger collateral management. No need to switch between files, folders, and data providers: consumer loan software by TIMVERO unites all contracting operations in a single interface.
Robust collection module is a must-have for retail lending software. When compared to any out-of-the-box solutions in the market, at TIMVERO we added extended covenant control and collecting payments tracking along with ready-made proactive collection strategies for banking with automated notifications.
What’s more: banks and lending businesses always have necessary business metrics at their fingertips due to in-built systems for capturing analytical data and smart reporting.
2
Architecture
Unique architecture based on Participant entities that can be customized for any custom attributes, documents, profiles and embedded intro the custom step of the loan process.
On top of automated loan origination and servicing, the analytics module supplies data ready for machine learning processing. Our ML framework helps build risk and underwriting models, and get product and marketing insights.
You get analytics in hours instead of weeks compared to manual processing and model building.
You get analytics in hours instead of weeks compared to manual processing and model building.
TIMVERO analytics system creates genuine recommendations on new underwriting models, best-fit products, and the most effective ways of payment collection.
It means that all bank departments have all the cashflow projections at their fingertips and can make data-driven decisions up to 12 times faster.
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How the process looks like
The integration and data transformation modules gather and process data from widely sourced data pools using integrations.
XAI (explainable AI) analytics engine is connected to the data storage to draw the most valuable insights for ongoing underwriting, product improvements, and loan servicing actions.
The projection module helps to seamlessly estimate the impact of new findings in the interconnected financial models between various departments (risk, product, marketing, or financial).
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Testimonials
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Solutions B2B
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Next steps
TIMVERO is a trusted technology vendor for banks and financial organizations on their way to impeccable digital lending. Apply for a quick real-time demo to discuss the details and get a quote.
Upgrade your loan management system for small businesses and large enterprises in just 3 months.
Get our free TIMVERO product guide