Challenge
AMIO had an ambitious task of launching a bespoke and technically complex lending product with guarantor support in just six months. The offering was designed to serve multiple borrower scenarios and involved intricate decision-making flows that demanded exceptional flexibility from the underlying system.
Few issues spiced up the task, including three previous implementation attempts with two different vendors that had failed, as well as local Armenian integrations that did not support REST APIs, making seamless communication between systems difficult. But our team was up for the challenge.
The product scope included both online and offline lending journeys, each with its own steps and verification rules depending on the type. The platform had to support multiple co-flows, including guarantor participation and three refinancing scenarios: top-up, refinancing, and repayment. The result was a highly specialised project where speed, precision, and adaptability were all critical for success.
Approach
Within just four weeks, TIMVERO and AMIO formalised the initial requirements and aligned on the delivery plan. Adopting an agile, “ship fast — adjust later” approach allowed both teams to accelerate progress without overinvesting time in exhaustive documentation.
Midway through implementation, some of the core data providers adjusted their integration methods on the fly, and timveroOS had to swiftly adapt to support these changes. Our team pivoted their approach in real time and ensured that development stays on track despite shifting technical inputs.
Outcome
The MVP was launched just four months after signing the contract, with a full production-ready solution delivered in only six months. Our LMS platform has successfully powered AMIO’s complex lending flows while supporting multi-participant structures, diverse product types and a sophisticated product catalogue. Furthermore, timveroOS dynamically calculates and provides terms and conditions for both direct loans and refinancing options, achieving complete alignment with AMIO’s business needs.
Features we’re particularly proud of:
1. Complex refinancing mechanism – consolidates loan data from multiple sources, removes duplicates, and generates refinancing offers dynamically based on selected obligations and operation types.
2. Participant data validation – automatically verifies participant details (e.g. registration addresses) through external sources and adjusts the origination flow based on validation results.
3. Asynchronous core integration – manages sequential calls with dependencies, handles time delays in the core banking system, and prevents duplication during request restoration.
4. Dynamic forms logic – supports dependencies between form fields, adjusting content, display, and validation in real time based on internal and external data inputs.
5. Custom routing for manual review – routes cases to the right departments based on scoring results and defined rules, allowing flexible, UI-based management of underwriting workflows.
This is how in just six months, AMIO turned an ambitious and highly customised lending vision into a fully automated solution built on timveroOS.
