SimSmart is a cutting-edge solution designed to support the growth targets of banks and financial institutions (NBFCs). This scalable and modular system allows efficient management of Direct Assignment deals for the buyer
Complies with regulatory requirements by keeping account of loan-level information including monthly changes to the accounts
Apply business rules on pre-screened loan records, ensuring adherence to credit policies
Streamlines loan record allocation to auditors for due diligence, allowing assigners and auditors to track progress for transparency and accountability
Provides required data points for credit monitoring and stress testing
Allows online and offline due diligence updates at both individual loan and batch levels, enhancing collaboration and streamlining the process
Facilitates capturing of daily DPD in an automated environment, in case the originators share the details
Integrates with existing systems to enable PAN validation, deduplication, and customized interfaces, reducing duplication of effort and improving operational efficiency
Enables assignees to create tailored reports that enhance data analysis and
decision-making
Everything you need for your lending business!
